Traditional Chinese medicine company Beijing Tongrentang says that although the economy may continue to decline this year, the company will try to achieve revenues of CNY10 billion and maintain a rapid expansion in overseas markets.

Hangzhou, China (April 15, 2009) /ChinaNewswire.com/ — Today a new company launches a groundbreaking social network. The network is aimed at tearing down the wall of misunderstanding between Chinese and Americans.
"Nihaoareyou.com is a platform for interaction not just connection," stated Jonathan Jenkins, founder and CEO. "Nihaoareyou allows people to interact with culture, consumers with [...]

Chinese supermarket and convenience store retailer Wumart Stores has published its annual financial report for 2008 and states that its net profit increased by 63% to CNY490 million in 2008.

Following the NUK baby powder case, South Korean LOCECN cosmetics have now been reported to contain the carcinogen actinolite and the Chinese distributor is recalling the suspect products.

In response to a report that stated 15 American infant formula milk powder products contain perchlorate, Abbot, one of the three major milk powder producers from the United States, declared that all their products sold on the Chinese market are all made with milk from New Zealand, Ireland, or the Netherlands, so they aren't contaminated [...]

Three frozen food manufacturers, San Quan, Si Nian and Long Feng, have been sued for misleading advertisements.