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By STAFF EDITOR
China’s software products and IT services market was worth US$82.99 billion (RMB580 billion) in 2007, accounting for 8% of global revenues from the sector, the Shanghai Securities News reported, Chen Ying, deputy director of the Product Department ...

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US private equity firm Carlyle Group has signed a memorandum of understanding with the government of Shandong province that the company says will give it the first look at deals in China’s second most valuable province by output, the
By STAFF EDITOR
Ferrari expects its China sales to grow 50% this year and predicts the country will be its fifth, or even fourth, largest market in five years, China Business News reported, citing newly appointed Ferrari Global CEO Amedeo Felisa. China is now Ferrari&rsquo...

By STAFF EDITOR
China Shipping Container Lines (601886.SH, 2866.HK) said Thursday it will pay US$5.28 million (RMB37.01 million) for its parent China Shipping Group’s 25% stake in the Yangshan port and 60% stake in the Yangpu port, China Business News reported. The d...

By TONY JIN
External and internal factors have combined to create tough times for China’s textile industry. Rumors are circulating that the government plans to offer more support, the Shanghai Securities News reports.

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