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Cheaponsale.com Reports China’s BYD Aims For Country’s Top Slot Before 2015

China’s battery and electric carmaker BYD Co. is aiming to become the nation’s largest passenger car manufacturer ahead of its targeted 2015 schedule, China Daily reported Thursday.

Frbiz.com Reports Chang’an Deal Signals New Wave Of Consolidation

China’s automotive industry might now be the world’s biggest, but it also one of the most fragmented. Yet if Chang’an Motor Corp’s landmark acquisition of Aviation Industry Corp of China’s (AVIC) major auto assets last week is a sign of things to come, a new round of consolidation has now begun.

Frbiz.com Reports Alstom Seeking China Partners For CCS Projects

French power and rail infrastructure provider Alstom is seeking partners to develop Carbon Capture and Storage (CCS) applications in China, Philippe Joubert, president of Alstom Power said yesterday.

Cheaponsale.com Reports Crackdown Launched On Cell Phone Porn

China Mobile, the country’s largest wireless carrier, is coming under pressure to shut off access to pornography through its cell phone network. The move comes as online sites accessible only through mobile phones are becoming a popular new method for distributing porn, since the technology makes it harder for government to track and shut them down.

Cheaponsale.com Reports Apple’s iPhone 3G To Debut On Chinese Mainland Market

Apple’s iPhone 3G will make its debut on the Chinese mainland market on October 30 as scheduled and aspiring users will have to sign a two-year contract with China Unicom, the country’s No. 2 telco said yesterday.

Himfr.com Reports CIMC Set To Purchase YRSL Stake

China International Marine Containers (Group) Ltd (CIMC) will spend $1.7 billion to buy stakes of Yantai Raffles Shipyard Ltd (YRSL) to strengthen the group’s marine engineering business, company executives announced yesterday.

Cheaponsale.com Reports Energy Giants Launch Expansion

BASF SE, the world’s biggest chemical maker, and China Petroleum and Chemical Corp (Sinopec), the nation’s dominant refiner, began construction yesterday on a 1.4-billion U.S. dollars expansion of their petrochemical joint venture in east China.

Cheaponsale.com Reports China Sinosteel Taps Turkish Market

With competitive prices and improved quality, China steel giant Sinosteel Corporation is exploring the market potential in Turkey steel industry as an equipment provider and contractor.

Frbiz.com Reports Production Starts At Evonik’s Shanghai Facility

German industrial group Evonik yesterday began operating its 2.5-billion-yuan specialty chemicals facility in Shanghai in a bid to tap growing domestic demand. The facility can produce annually 100,000 tons of methyl methacrylate (MMA), the derivatives of which are used mainly for LCD screens, and in the construction and automotive industries.

Himfr.com Reports Nissan Mulls Yet More Expansion

After announcing a 5-billion-yuan expansion plan in July, Japanese carmaker Nissan Motor Co is mulling even further expansion in the southern city of Guangzhou to meet the blistering pace of demand for its cars, according to CEO Carlos Ghosn.