Chinese dairy maker Mengniu has published its annual financial report for 2009, stating that it gained net profit of CNY1.116 billion.

The world's leading sports supplies provider Adidas has published its performance for the first quarter in 2010, stating that its sales in Greater China were EUR198 million, a year-on-year decrease of 15%; and the decrease reached 20% if currency factors are taken into consideration.

Beijing, China (May 12, 2010) /ChinaNewswire.com/ — Hilton Beijing Wangfujing has been awarded the prestigious "2010 International Five Star Diamond Award" by the American Academy of Hospitality Sciences adding yet another remarkable accolade to its growing list of notable awards since its opening in July 2008.
The award was presented by Mr. Joseph Cinque, the [...]

Chinese electronics and home appliances maker Qingdao Haier has published its annual financial report for 2009, stating that its operating revenue increased by 8.46% year-on-year to CNY33 billion; while its net profit increased by 49.64% to CNY1.149 billion.

Starwood's latest property in Tianjin, the new Sheraton Tianjin Binhai Hotel, is slated to open in August 2010.

Beijing, China (May 10, 2010) /ChinaNewswire.com/ — For his outstanding leadership and excellent achievements in the hotel industry, Charles Lai, Vice President – Sales & Marketing, Greater China of Millennium Hotels and Resorts, has been awarded the 2010 Hotel Industry Top 10 Leaders Award by Eminence Chinese Business Association at the magnificent Great Hall [...]