Fu Chengyu will become chairman of China Petroleum and Chemical Corp, Asia's biggest refiner, after presiding over a fivefold profit increase at smaller State-controlled oil producer China National Offshore Oil Corporation (CNOOC).
Property tycoon Ren Zhiqiang will resign as chairman of Huangyuan Group, the Beijing Times reported Saturday, citing Ren's microblog.
Chen Xiao, the former chairman of Gome Electrical Appliances Holding Ltd confirmed Wednesday to China Business News that he will engage in investments, but did not reveal the specific industry.
The biopharmaceutical company Merck Serono AG says mergers and acquisitions (M&A) will play a part in its development strategy in China, as the company seeks to complete its industry value chain and expand into the grassroots market.
Thirty-year-old Wu Ying, who was once described as China's sixth-richest woman, pleaded guilty to a lesser charge on Thursday at her appeal against an earlier conviction and against the death sentence she was handed.
"Conservative" and "modest" are words often mentioned by Swire Pacific Ltd Chairman Christopher Pratt when talking about business development of the Hong Kong-listed conglomerate.
The US computer maker Dell Inc said on Thursday that it plans to shift its focus from consumer business to corporate businesses in China.
Billionaire Warren Buffett on Tuesday said he is looking to invest in large countries like India, China and Brazil, but added that restrictions on foreign ownership in India's insurance industry could act as a deterrent in the sector.
Tea merchant Li Zhihong is striving to tame Taiwan Oolong tea on the mainland.
Having spent most of his career in Asia, Simon Galpin, originally from the United Kingdom, feels perfectly at home in Hong Kong. These days, he enjoys persuading other foreigners to relocate to the city.
Japan's record 15-trillion-yen ($183 billion) liquidity injection to shield its economy and stabilize its financial markets from the effects of the nation's strongest earthquake in history will put further pressure on China's efforts to rein in its surging inflation, economists said.
Billionaire Warren Buffett said he is looking to invest in large countries like India, China and Brazil.
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