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Li Mingde, the Greater China president for Heineken Asia Pacific, denied rumors that Heineken planned to break up with domestic brewer Kingway as it began construction of its new brewery in Guangzhou, the capital of Guangdong province, Thursday, China Business News<...

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Domestic plasma TV makers are eroding the market share onjce enjoyed by foreign giants in the domestic market. China Business News takes a look at the sector through the divergent fortunes of Hisense Kelon and Panasonic

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Chinese budget hotel chain operator Home Inn (HMIN.NASDAQ) posted a net loss of US$7.18 million (RMB50.3 million) in the first quarter of the year despite a 94.9% surge in revenues to US$50.98 million (RMB357 million), China Business News reported. It was U...

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Trading in Hisense Kelon Electrical Holdings Co (000921.SZ) was suspended Wednesday on news the company had begun restructuring discussions with its major shareholder, Qingdao Hisense Air Conditioner Co, China Business News reported. Hisense Kelon’s s...

By STAFF EDITOR
Hisense Kelon Electrical Holdings Co (000921.SZ), a producer of low- to medium-end white goods, said Friday it would team up with Whirlpool Hong Kong to set up an equal stakes joint venture to move into the high-end white goods market, China Business News r...

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By NATHAN GREEN

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