- 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.
- 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.
- 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.
- 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.
- 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.
- 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.