CPC leader vows to cement international cooperation in fighting corruption
CPC leader vows to cement international cooperation in fighting corruption
China is ready to enhance international cooperation in fighting corruption, a senior Chinese leader said here Saturday.
Riot farmers sentenced in S China Provice
Thirteen villagers from Guangdong Province have been jailed for up to seven years for their part in a series of riots last year.
China to offer 2 mln dollars aid to quake-hit Indonesia
The Chinese government decided on Saturday to offer an urgent aid of 2 million U.S. dollars in cash for quake-hit Indonesia.
Lenovo profits dive after IBM purchase
Lenovo reported a net loss of US$116.4 million for the quarter ended March 2006, compared with a $21.4 million profit a year earlier, the last full period before its purchase of IBM’s personal computer division. Company officials said restructuring contributed to the loss, but would reduce costs by US$100 million, making the company more competitive in the long-run. Lenovo shares fell 4% in the afternoon after the announcement. Still, the company s business in China is soaring. Shipments rose 31%, higher than the average 23% marketwide growth rate, the Wall Street Journal reported, with revenues almost doubling and operating profits almost tripling.
