David Cao

China Petroleum & Chemical Corp., or Sinopec, said Friday the company is in talks with BP PLC to explore and develop shale gas resource in China, adding that it plans to bid for six more shale gas blo...
China Construction Bank Corp., the nation's second-largest lender by assets, reported a record quarterly net profit for the third quarter, on rapid growth of fee-based businesses and despite slower lo...
Bank of China Ltd. said Friday it will start a rights issue in Shanghai and Hong Kong to raise around 60 billion Chinese yuan ($8.96 billion). Bank of China, China's fourth-largest lender, said it pla...
China is breaking into the top ranks of global power-equipment exporters with a $10 billion deal signed with India on Thursday. By nabbing the deal with India, which is on an infrastructure spending s...
China's hunger is cascading across global markets, pushing prices of food commodities sharply higher lately. Back home, this boom is becoming a source of worry. Over the next decade, China's annual gr...
Hong Kong companies have already exhausted their full-year quota of yuan to settle trades, underscoring the rush by companies and investors in the territory for the mainland currency on expectations i...
Apple Inc. announced Tuesday that it launched an online store and a simplified-Chinese version of its App Store for customers in China, the latest move in an aggressive expansion by the company after...
Rumors are flying in China’s aerospace community ahead of the Zhuhai air show next month. People speculate that Commercial Aircraft Corp. of China, or Comac, might unveil some of the initial orders fo...
Can a political campaign ad be hoist by its own petard? We wrote last week about how “Chinese Professor,” a Hollywood-quality U.S. campaign ad depicting a dystopian future in which China rules the glo...
Chinese media recently reported an alleged conversation between Wang Yinfeng, the Party Secretary of Jiangjin District in Chongqing, and a local property developer. Wang allegedly told the developer t...
After years of relying on legal and political muscle to fight rampant piracy in China, big software companies have started wielding a new weapon: lower prices. And the early results are encouraging. S...
Amid the global brawl over Beijing's exchange-rate policy, the European Union is leading a push against China on another front: public contracts. China restricts bidders on most public contracts to co...