CNPC, Iraq Revive 1996 Oil Field Contract
China's biggest oil company has signed a major service contract with the Iraqi government. But security questions remain.
Toy Makers Face Higher Export Barriers
Stricter regulations on children's toys in the U.S. and the EU have the Chinese government considering a revamp of its own standard to keep exports flowing.
CDB Appoints New President
China Development Bank has named former chief of BoCom, Jiang Chaoliang, as its new president as part of an effort to transform the bank into a commercial lender.
Real Estate Market Braces for Cold Winter
China's property market bubbled confidently last year. Now it's a grim scene of slow sales, price cuts and failed land auctions.
Contaminated Milk Found in Hong Kong
Hong Kong's health department announced that it has found melanine in Nestle brand milk from the Chinese mainland.
Chinalco Sets up JV with Aricom
Chinalco and Aricom have finalized a deal to form a joint venture that would in three years have an annual output capacity of 30,000 tons.
Hebei Dairy's Messy Supply Chain
Outsourcing and lack of government oversight provided a fertile environment for tampering in Hebei's dairy industry.
Steel Makers Cut Production amid Weak Demand
Chinese steel makers are scaling back production levels in response to decreasing domestic demand and the fall of steel prices.
China Mulling Steel Industry Reshuffle
The new strategy would facilitate mergers and acquisitions with the aim of consolidating the industry.
Huiyuan's Calculated Deal with Coca-Cola
No one forced the founder of China's juice maker Huiyuan to sell to the beverage giant. And Zhu Xinli is still in business.
Chinese Resources Giant to Post Big Loss
China Mining has warned that it will report a major loss for the first half 2008 due to project delays and idled mines.
Food Product Inspection Waivers Revoked
A scandal triggered by toxins in baby milk prompted a government food safety watchdog to cancel all inspection exemptions.
China Mobile Cuts Tariffs for 3G Wireless
To attract mobile device users to China’s homegrown 3G standard TD-SCDMA, China Mobile has decided to slash prices.
PetroChina Agrees to Deal for Overseas Oil
China’s largest domestic oil producer, PetroChina, is poised to take full control of an oil and gas developer with global projects.
Huiyuan Juice Chief Advocates Coke Takeover
Despite critics, Huiyuan’s Zhu Xinli says Coca-Cola’s proposed buyout of the juice maker would be good for China.
Price War Rumbles for Nanjing Real Estate
A developer’s decision to reduce new apartment prices by one-third has raised eyebrows in Jiangsu’s capital city.
Telefonica Raises Stake in China Netcom
Spain’s Telefonica plans to boost it China Netcom holding to around 12 percent while expanding its presence in China.
Sinochem Seals Singapore Deal
China’s Sinochem has bought a controlling stake of Singapore-based GMG, in an effort to boost its rubber business.
Coke’s China Deal Awaits Antitrust Clearance
Coca-Cola is counting on a deal with Huiyuan to expand into China’s juice market, but it first requires antitrust clearance.
Shanghai Bashi Reshuffle Approved
SAIC group will become Shanghai Bashi’s largest shareholder after the restructuring.
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