Legend Holdings Ltd, the parent of personal-computer giant Lenovo Group Ltd, spent 400 million yuan ($63.32 million) on Saturday to buy Shandong Kongfujia Group, a well-known Chinese wine company.Kongfujia's management team will not change. Kongfujia Chairman Qiu Zhenxin declined to tell how many st...

Liquor producers' spirits high for top brands JIA HEPENG,China Business Weekly staff 2004-08-03 08:08China's liquor producers are shaking off their domestic hangovers by manufacturing high-end brands and attracting foreign investment."In recent years, a group of Chinese liquor producers have expande...

Southwest China's Sichuan Province has taken advantage of State bonds to undertake infrastructure construction on an unprecedented scale, achieving substantial economic growth.To offset the unfavourable impact of the Asian economic crisis, which began in late 1997, the central government decided to ...

CHENGDU: Southwest China's Sichuan Province has taken advantage of State bonds to undertake infrastructure construction on an unprecedented scale, achieving substantial economic growth.To offset the unfavourable impact of the Asian economic crisis, which began in late 1997, the central government de...