Finance Broadcaster Plans National Network
A nationwide network of financial news channels is on the agenda for Shanghai broadcaster CBN, which also plans to offer business news and data.
New Ministry Takes Aim at Housing Crunch
Never before has the name of a Chinese government ministry included the word ‘housing,’ a fact underscoring the popular appeal of a new reform plan.
European Appliance Maker Misses Chinese Opportunity
After a fierce battle with Midea to buy Little Swan Co., Indesit threw in the towel in late February.
Shakeout Time for China’s Land Developers
Ratings firms say big developers will enjoy an advantage over smaller rivals due to a credit and liquidity squeeze in China’s real estate sector this year.
Sony Banks on a Blu-ray Future in China
Fresh from a victory over Toshiba in a format war, Sony is convinced its Blu-ray technology will become an electronics market standard in China.
Highways or High-Price Ways for China?
Tolls are exacted from drivers on more than half of China’s road-miles. A report says tollway operators, including some governments, have gone too far.
Chinese Dam Builder Wins African Contract
A construction deal for a new sewage system in Malabo, the capital of Equatorial Guinea, is the latest example of Chinese business expansion in Africa.
China Extends Ban on Foreign Cartoons
The Chinese government is bent on regulating the cartoon industry for two reasons: “enhance the children’s ethics” by introducing more cartoons with Chinese cultural values, and promote domestic cartoon makers.
Russia’s Evraz Bids for Chinese Steelmaker
The Russian giant is offering a 31 percent premium for Delong, which in 2005 became China’s first private steelmaker to list on an overseas bourse.
Singaporeans Stick to China Eastern Bid
Singapore Airlines and a government agency won’t change their January bid for a stake in the Chinese airline, despite Air China’s rival offer.
Ad Agencies Form Chinese Internet Giant
The joint venture launched by China’s Focus Media and Japan’s Dentsu will focus on the rapidly expanding market for Web site advertising in China.
China May Restructure its Aviation Industry
A dream for a Chinese-built airliner is being revived now that the government apparently plans to merge two, state-run aviation companies, possibly as early as March.
Citibank Dips into China’s Deep Pockets
After billions of dollars in losses and a reported rejection from a Chinese policy bank, Citigroup has turned to Chinese investors for new business.
China Gets Tough on Toy, Food Suppliers
A government watchdog is pushing toymakers to meet quality standards and requiring special licenses for firms that supply food during the Olympics.
China Puts New Airlines on Ice Until 2010
The government will not issue new airline licenses for two years, frustrating more than 20 investors who’ve been waiting to launch private carriers.
Citibank Chief Defends Chinese Partnership
Critics say Citibank’s tie-up with Guangdong Development Bank and Shanghai Pudong Development Bank gave the U.S. bank access to sensitive client information -- a charge Richard D. Stanley denies.
Shagang Inks Deal to Become No. 2 Steelmaker
A new deal will allow Shagang Steel to become China's second largest Steelmaker.
Search Engine Baidu Mourns IPO Architect
The Chief Financial Officer of Baidu died in a drowning accident while on holiday at a resort in southern China.
Policy Bank Launches Makeover With Cash Infusion
Strategic investors and a commercial structure are included in a future development plan for China Development Bank, a policy lender now flush with US$ 20 billion from the government's sovereign wealth fund.
Steelmaker Signs China’s Largest Carbon Deal
Spanish utility Endesa plans to pay a major steelmaker more than 8 million euros a year for carbon credits to offset greenhouse gas emissions.
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