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Business 26 Jul 2013 | 1:29 PM

How Samsung is beating Apple in China

GUANGZHOU, China/SEOUL (Reuters): Apple Chief Executive Tim Cook believes that "over the arc of time" China is a huge opportunity for his pathbreaking company. But time looks to be on the side of rival Samsung Electronics Co Ltd, which has been around far longer and penetrated much deeper into the world's most populous country.

Business 20 Dec 2013 | 12:00 AM

Guangdong carbon market begins briskly

GUANGZHOU: The first day’s trading in what will be by far the largest carbon market in China kicked off briskly yesterday with pricing in line with expectations, as Beijing continues its drive to slow its rapid growth of heat-trapping emissions.

Business 23 Apr 2019 | 12:00 AM

China manufacturers deploy every weapon they can

GUANGZHOU: Manufacturers in China facing trade barriers are deploying an array of moves to try to keep foreign customers - giving discounts, tapping tax breaks, trimming workforces and, occasionally, shifting production overseas to skirt tariffs.

Business 18 Apr 2019 | 12:00 AM

Carmakers look to Beijing to revive China’s slumping auto market

FRANKFURT: Volkswagen AG, Nissan Motor Co. and Guangzhou Automobile Group Co are among the carmakers increasingly counting on Chinese government tax cuts to stimulate demand and help the world’s biggest auto market rebound from its worst slump in a generation. The unanswered question is when that will happen.

Corporate News 26 Apr 2018 | 12:00 AM

Singapore awards US$1.1bil contract for second phase of mega-port project

SINGAPORE: Singapore has announced a US$1.1bil plan to expand and modernise its port, the world’s second biggest, but which is in fierce competition with several Chinese harbours including Shanghai, Shenzhen and Guangzhou.

Property 19 Jul 2017 | 3:19 PM

China multi-billion dollar hotel sale in last minute change

BEIJING: Chinese conglomerate Wanda will sell almost 80 hotels to Guangzhou-based R&F Properties instead of developer Sunac China in a last-minute change to one of the country’s largest ever property deals.

Business 26 Sep 2015 | 12:00 AM

Firms told to explore China’s 2nd-tier cities

NANNING: Malaysian companies need to explore and expand into China’s second-tier markets by capitalising on the growing purchasing power there, Malaysia External Trade Development Corp (Matrade) trade commissioner in Guangzhou P. Suresh Kumar said.

Business 16 Dec 2011 | 12:00 AM

New tariffs imposed on US vehicles

GUANGZHOU: The Chinese government increased trade tensions with the Obama administration by unexpectedly imposing anti-dumping and anti-subsidy tariffs on imports of sport-utility vehicles (SUV) and mid-sized and large cars from the United States.

Business 27 Apr 2010 | 12:00 AM

China shops for foreign firms, brands

GUANGZHOU, China: The economics of Barbie dolls helps explain why Chinese companies are increasingly snapping up famous brands like the most recent big target: Volvo.

Business 22 Jul 2009 | 12:00 AM

Chinese worker commits suicide over missing iPhone

GUANGZHOU, China: An employee at a factory that makes iPhones in China killed himself after a prototype went missing.