According to local Chinese media reports, the upper management of China's leading telecommunications operator China Mobile will soon go to Finland to promote Nokia's research and production of TD-SCDMA mobile phones.

According to an insider from the Chinese software provider Kingsoft, because the company will move its Beijing office to the new office building at Shangdi, Haidian District, in March 2009, a few employees have already handed in their resignation letters.

Chinese Internet company Sohu.com has posted record revenues for the fourth quarter and fiscal year ended December 31, 2008, as both web advertising and online games helped push the company to higher returns.

Last year was supposed to be fantastic for Chinese travel websites as they planned on the Beijing 2008 Olympics to push them to higher revenues, but Ctrip.com's unaudited financial results for the fourth quarter and year ended December 31, 2008, show that the travel industry is starting to crack under pressure in China from the [...]

Gunilla Nordstrom, Electrolux's newly appointed China president, has announced that the company plans to close its refrigerator plant in Changsha, Hunan province, in March 2009.

According to the statistics provided by the official website of the Shanghai courts, from February 9 to February 26, 2009, the Chinese video website Tudou.com will face 14 lawsuits, of which, 50% are started by Joy.cn.

The global financial crisis has hit Intel, as the company announced it will shift some assembly and test facilities from Shanghai to Chengdu, a move that will affect about 2,000 Intel employees in Shanghai.

Shanghai-based Semiconductor Manufacturing International Corporation posted miserable quarterly figures as it announced its results of operations for the three months ended December 31, 2008, during which overall revenue decreased to USD272.5 million, down 27.5% quarter-on-quarter.

The Shanghai Municipal Government has signed a strategic cooperative framework agreement with the Datang Telecom Technology and Industry Group.

While some companies around the world are responding to the financial crisis with job cuts, the newly issued 3G licenses in China have caused Ericsson to plan a hiring spree of several hundred new employees in China in 2009.

Chinese computer maker Lenovo Group has felt the sting of the global financial crisis as it today announced pitiful computer sales for its third fiscal quarter ended December 31, 2008.

Hong Kong's PCCW has held a much-publicized special shareholders meeting at which 75% present shareholders approved the buyout offer led by chairman Richard Li at the price of HKD4.5 per share, involving totally HKD15.9 billion.

Attempting to both jumpstart the consumer economy and provide rural Chinese with access to cheaper goods, China's Ministry of Commerce has started a subsidy scheme for farmers buying designated brands of home appliances.

Taiwanese computer, communication and consumer electronics retailer Tsann Kuen has announced plans to return to the Chinese mainland market in 2009.

UUZone.com, one of the first social networking service websites in China, has published a notice stating it will close all services in March 2009.