China Shipping Container Lines Raises Rates
[2009-07-07]
China Shipping Container Lines Co. said it's hard to predict if rates will keep rising because fees reflect demand.
China Nonferrous Wins Approval for Terramin Deal
[2009-07-06]
Through the deal, Terramin will gain access to financing from Chinese banks for its Tala Hamza zinc and lead mine in Algeria.
Shipbuilders Expect One-Third of Capacity to Be Idle After 2011
[2009-07-02]
China's total shipbuilding capacity has reached 60 million DWTs, while monthly new orders have been lower than output over the last eight months.
Grand China Airlines Denies Report of IPO Sponsor Withdrawal
[2009-07-01]
A source at UBS said that the bank has not withdrawn from the proposed IPO, but added that the carrier is unlikely to go public within a year due to a reorganization.
China to Expand Direct Power Supply Trial
[2009-07-01]
A specific regulation on transmission fees will take effect in the second half of this year, which will integrate various direct-sale measures initiated by local governments.
China Raises Gasoline, Diesel Prices by 9%
[2009-06-30]
The price adjustment indicates that the government is more closely following the new fuel pricing formula, an industry analyst said.
New-Energy Auto Standards Have Limited Impact
[2009-06-30]
New automakers must still hurdle an approval process set by the National Development and Reform Commission.
CISA Urges Rizhao Iron Ore Trading Center to Reshuffle
[2009-06-29]
The association alleged the center had exceeded its legal scope and issued misleading information about its operations
China Announces Revised Standards for New-energy Autos
[2009-06-26]
The new standards divide current alternative energy technologies into three categories according to their different stages of development.
Hainan Airlines Taps Shipping Market
[2009-06-26]
A unit of Hainan Airlines Group ordered 30 ships and bought a significant stake in a shipbuilder.
Sinopec to Buy Swiss Oil Explorer Addax
[2009-06-25]
Addax's board recommended shareholders accept the offer and senior executives have entered a lock-up agreement to sell their 38 percent holding to the Chinese firm.
Fund-raising Exercise to Relieve Gome's Pressures
[2009-06-23]
Gome will continue to take a cautious attitude and plans to close 100 outlets in 2009 amid challenging macroeconomic conditions.
CISA Rejects Vale-Arcelor Mittal Iron Ore Deal
[2009-06-23]
The association said it would continue to resist pressure to reach a deal despite the deadline.
China Raises Tobacco Tax Rates
[2009-06-22]
The tax rise will bring in around 30 billion yuan in additional revenue for the central government.
China June Auto Sales Likely to Slide
[2009-06-22]
June car sales in major Chinese cities are falling, mainly due to the fading impact of policy support.
Suning Appliance in Talks to Buy Japan's Laox
[2009-06-19]
The deal has both benefits and risks for Suning, said Liu Bin, an analyst at Guotai Junan Securities.
China May Release Direct Power Sale Rules Soon – Source
[2009-06-19]
The rules will allow approved industrial users to buy electricity directly from power generators and require power transmission firms to clearly lay out their transmission charges.
China Economy Stabilizing, Investment and Consumption Rise
[2009-06-18]
The State Council resolved to carry on with an active fiscal policy and a moderately loose monetary policy.
Vale Hopes to Conclude Iron Ore Price Talks with China
[2009-06-16]
Vale said it will not abandon negotiations with Chinese steel mills, but it will not be the first to complete talks with China.
IPO Resumption Impact on Markets Seen Limited
[2009-06-16]
Analysts said an IPO resumption will indeed result in fluctuations in the market in the near term, but it will not be the sole influence.
HSBC China to Issue 3 Bln Yuan Bond in Hong Kong
[2009-06-15]
The bank won approval to issue yuan-denominated bonds in the special administrative region in May.
Resource Tax Reform will Boost Local Government Revenue
[2009-06-15]
The resources tax will be broadened to include a wider range of resources such as water, forest and rangeland.
Shenzhen Plans Subsidy for Hybrid Car
[2009-06-15]
The municipal government is also planning to build charging infrastructure to support users of the vehicle.
China Suspends Two Hydropower Projects
[2009-06-12]
Both projects had blocked the flow of the Jinsha River for the construction effort without obtaining permits from the ministry.
SDB to Raise 6 Bln Yuan via Private Placement to Ping An
[2009-06-12]
The placement is the first in a series of stake acquisitions through which Ping An eventually intends to acquire a controlling stake in the bank.
China Sovereign Fund Eyes Commodity Investments
[2009-06-12]
The overall hike in raw material prices has raised global investors'interest in the sector.
CISA Opposes Rizhao Iron Ore Trading Center
[2009-06-11]
The industry association said such trading centers will introduce speculation on imported iron ore prices and damage the market.
OZ Minerals Sticks with Minmetals Bid
[2009-06-10]
In judging the alternative proposals, OZ considered the additional corporate costs that would need to be incurred.
Beijing Auto May Make Bid for Opel – Sources
[2009-06-10]
Beijing Auto has submitted a bid for the German carmaker just before the May 20 deadline.
China Eyes 35% Share of Global Shipbuilding by 2011
[2009-06-10]
The government will support qualified companies pursuing listings and issuing bonds, and expedite the process of setting up an industry investment fund.
China May Power Consumption Down 2.58%
[2009-06-10]
Expert said that the smaller fall in May indicates power use is beginning to stabilize after months of sharp decline since the end of last year.
Power Firms Propose to Raise Electricity Prices
[2009-06-09]
China Power Investment's appeal may speed up the launch of the new power pricing mechanism.
Shanda to Pay $46 Mln for 51% Stake in Hurray
[2009-06-09]
Shanda is likely to inject some of its assets, including Chinese literature portal Qiandian.com, into the acquired company and will seek to list them.
Airlines Suspend Share Trading for Merger Plan
[2009-06-08]
A long-awaited merger plan between China Eastern and Shanghai Airlines is expected to be unveiled this week.
China Plans New European Buying Mission
[2009-05-21]
In February, Chinese companies have procureed more than US$13 billion worth of goods and services from European countries.
Hong Kong Monetary Authority's Yam to Retire in October
[2009-05-20]
The world's longest-serving central bank chief might serve as consultant to China's central bank.
Foreign Institutional Investors See A-Shares as Overvalued
[2009-05-20]
Foreign investors deem the price to earnings ratio amongst companies listed on the Shanghai exchange too high.
State Reserve Purchases behind Nonferrous Metal Import Boom
[2009-05-20]
The widening gap between the price of aluminum on the domestic and overseas markets was mainly driven by State Reserve purchases.
China Unicom 3G Trials Hit Guangdong
[2009-05-19]
Chinese telecom providers are counting on the 3G launch to provide a much-needed boost to their business.
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