Wang Ying News
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Xiaomi Corp., a Chinese smartphone vendor that counts Singapore’s Temasek Holdings Pte as an investor, is ready to post losses for years as it battles Apple Inc. to attract high-end users to its software.
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Apple Inc. is missing out on Chinese New Year sales and giving competitors a potential boost after pulling all iPhones from company stores during the nation’s most important gift-giving season.
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Swedish Automobile NV, the owner of Saab Automobile, said it’s in talks to sell a stake to an unidentified Chinese Bank to keep the carmaker in business.
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China officially started transmitting power today from its biggest offshore wind farm to the mainland grid, Xinmin Evening News reported.
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China sent hundreds of officials to assist people hurt in a gas-pipeline blast in the city of Nanjing and to retrieve 3,000 barrels of hazardous chemicals that washed into a river in Jilin as authorities grappled with the latest in a string of industrial accidents.
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China’s passenger-car deliveries to dealers rose to a record in November as customers rushed to take advantage of government incentives supporting vehicle-buying that may expire at the end of the year.
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PetroChina Co. pledged to accelerate acquisitions of energy assets and develop the country’s domestic natural gas resources as demand for the fuel rises following Japan’s nuclear reactor crisis.
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China is buying unprecedented amounts of uranium, signaling that prices are poised to rebound after three years of declines.
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PetroChina Co. , China’s biggest energy producer, gained a foothold in Europe after agreeing to set up a joint venture with Ineos Group Holdings Plc to accelerate its global expansion.
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PetroChina Co. , Asia’s biggest company by market value, posted a 14 percent gain in first- quarter profit, missing estimates, after increases in state- controlled fuel prices lagged behind gains in crude oil costs.
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