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Shanghai Daily,上海日报
Latest news:

Consumer


Chinese group buys condom producer

A Chinese consortium is buying Ansell Ltd’s condom division, the world’s No. 2 condom maker, for US$600 million, betting on surging demand in China as more emphasis is placed on public health education. The ...

May 26, 2017, Friday


Sinochem, ChemChina eye merger

A logo of Sinochem is seen outside an office building of Sinochem in Beijing. China’s state-owned Sinochem and ChemChina are in merger talks to create the world’s biggest industrial chemicals firm, to be headed by Sinochem chief Ning Gaoning, sources said. A deal could be announced by the end of the year, the sources said, potentially just months after ChemChina completes its own US$43 billion purchase of Switzerland’s Syngenta, China’s biggest overseas deal to date. A consolidation of Sinochem and ChemChina would be worth around US$120 billion, topping companies like industrial chemicals giant BASF. ...

May 24, 2017, Wednesday


Spending on ads to climb 7.8%

CHINA’S advertising expenditure is estimated to grow 7.8 percent annually to 581.3 billion yuan (US$84 billion) in 2017, according to an industry forecast. Expenditure on Internet advertising is predicted ...

May 19, 2017, Friday


Chinese cruise market sees boom

CHINA’S major port cities saw the number of inbound and outbound cruise ships grow to 1,040 in 2016, according to the China Cruise and Yacht Industry Association. In 2016, the number of outbound Chinese ...

May 19, 2017, Friday


Sotheby’s withdraws Schiele painting

IMPRESSIONIST and modern art achieved some respectable results at Sotheby’s on Tuesday, but the sale was marked by the 11th-hour withdrawal of its much-hyped star offering, an early masterpiece by Egon ...

May 18, 2017, Thursday


Top-100 retail chain stores’ sales rise 3.5%

Sales of China’s top-100 retail chain stores and franchisees in 2016 grew 3.5 percent from a year ago, the lowest growth pace since the survey started 20 years ago, an industry report said yesterday....

May 17, 2017, Wednesday


Facility’s right medicine for startups

GERMANY’S Boehringer Ingelheim yesterday launched the first phase of its 70-million-euro (US$77 million) biopharma manufacturing site in Zhangjiang High-Tech Park in Shanghai, the first of its kind set ...

May 17, 2017, Wednesday


Top-100 catering firms see solid growth

CHINA’S 100 leading catering businesses last year saw a quicker growth pace in business revenue and robust profit expansion, according to a latest industry report. Combined business revenues of top restaurant ...

May 16, 2017, Tuesday


Chinese firm set to spin yarn in US

A Chinese textile company has announced plans to transform a former television factory in east Arkansas into its first North American facility, a US$410 million project that’s expected to create up to ...

May 12, 2017, Friday


Zespri eyes fruits of success in 2nd trial

NEW Zealand kiwifruit marketer Zespri has launched its second season of growing trials in Shaanxi Province, in hopes it will one day supply the market with fruit grown in China. Though domestic growers ...

May 12, 2017, Friday


 

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