Logistics services are likely to become one of the fastest growing industries in the next 10 to 15 years.  If GDP continues to grow by 8.5 percent annually, the sector is seen to expand by 16.7 percent every year by 2010. Are local providers up to the challenge?

Linktone Ltd., a leading provider of wireless interactive entertainment products and services to consumers in China, announced in a statement today that the Company will establish a joint venture (JV) with a subsidiary of Shandong TV Station (SDTV), one of the leading television stations in China, which will exclusively operate wireless value-added services for SDTV.

China's top sportswear company Lining entered a partnership with Miami Heat center Shaquille O'Neal here, as another big move for the brand to explore international market, People’s Daily reported.

Lenovo is going to equip a new line of PCs with AMD chips, The New York Times reported.

Lenovo Group, the world's third-largest computer maker, squeezed into the black in the fiscal first quarter ended-June, Reuters reported.

The recent thresholds Lenovo faces aboard have their roots in flawed sales and marketing strategies, China Business Post reported.  

LS Cable Ltd, South Korea's largest cable maker, aims to increase sales in China from US$150 million this year to US$1 billion, the China Daily reported.

Germany’s Lansexx AG said it is of surging demand to transfer the chemical plant from Texas to Shandong China, reported Wall Street Journal.

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Starting from 1 June this year, the maximum discount that auto insurers can offer to policy holders will be limited to 30%. The new policy may rescue insurers from massive losses, but at the same time, it should have little effect on policyholders in general....