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Consumer and Retail

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DaimlerChrysler AG's Chrysler unit is in talks to buy more parts and car models from China's Chery Automobile Co., Bloomberg reported.
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Toyota Motor Corp. is aiming to increase production and carve out a bigger market share in China.

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China's central government will consider further measures to curb property market speculation and limit developer margins, Forbes reported, citing Deutsche Bank's chief economist for Greater China, Jun Ma.
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The Lunar New Year has proved to be a huge boost for business as many Chinese were caught in a consumption craze. Retail sales alone hit 220 billion yuan (US$27.85 billion), People's Daily reported.

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China National Nuclear Corp, China Three Gorges Project Corp, China Resources and Hunan Xiangtou Holdings Group have formed a joint venture to build the country's first inland nuclear power plant as the nation's energy demand rises, The Standard reported, citing Xinhua News Agency.
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China Netcom Group Corp (Hong Kong) Ltd said it expects to complete before the end of this month a 3.5 billion yuan (US$443.04 million) sale of its telecom assets in Guangdong and Shanghai to parent China Netcom (Group) Co Ltd, Forbes reported.

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Beijing-based Internet search engine Baidu.com Inc said in a statement its fourth-quarter net income increased five-fold from the year before as its online marketing revenue more than doubled.

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