Industry&Companies
Chinese, Australians Reach Ore Price Deal
[2008-06-24]
China had substantial bargaining power during this year’s iron ore price talks, but the Australians won price increases anyway.
China's Zoomlion Heavy to Buy Italy's CIFA
[2008-06-23]
Zoomlion acquires largest Italian concrete machinery producer in an effort to expand international business.
Joint Venture Refiner Granted Tax Rebate
[2008-06-23]
Joint venture refiner gained more policy support after the government last week lifted domestic prices of refined oil.
China Mobile, Alcatel in 3G Wireless Deal
[2008-06-20]
The agreement is expected to affect China Mobile’s effort to adopt a homegrown standard for third-generation devices.
Sinotrans in Merger Talk with CSC
[2008-06-18]
The merging of Sinotrans and CSC could create China's second largest shipping-logistics firm by assets.
Cargo Prices Dip as China Cuts Ore Stocks
[2008-06-18]
China's decision to clear stockpiled iron ore halted imports and lowered costs for shipments from Brazil and Australia.
China Learns from Taiwan's Health Reform
[2008-06-18]
Hospitals backed by Taiwanese firms have opened on the mainland, giving China's public health sector some good examples to follow.
Xinhua Nabbed in Shanghai Media Shuffle
[2008-06-17]
Jiefang Daily won control of Xinhua Media in the latest stakes transfer for Shanghai's state media companies.
Credit Suisse to Own Management Rights in JV
[2008-06-16]
The Swiss securities firm owns only 33.3 percent of the stake, but will still have the final say in the management of the new joint securities firm.
Largest Steel Maker to Emerge in Hebei
[2008-06-16]
The merging of Tangshan Iron & Steel Group and Handan Iron & Steel Group will create China’s largest new steelmaker.
Chinese Ports Told to Clear Iron Ore Stocks
[2008-06-16]
Government urges ports and importers to clear excess ore stocks. However, situation is hardly changed in short term.
Independent Automakers Hit the Road
[2008-06-13]
China’s independent car manufacturers are releasing new models and dashing for a dream to beat the major brands.
Telecoms Undergo Restructuring -- Again
[2008-06-13]
The latest overhaul for China’s telecom industry is expected to cut the field to from six to three operators. But hurdles remain.
Tourist Magnet Yunnan Gets a New Airline
[2008-06-12]
A deal to create Yunnan Airlines as a regional carrier has been signed by Hainan Airlines and the provincial government.
Media Tries Market Route to Independence
[2008-06-06]
Shanghai media firms are preparing to go public with a view to raising capital and cutting government control.
Sewing Machine Manufacturer Rattling Crisis
[2008-06-05]
A leading sewing machine manufacturer is threatened by a disrupted capital chain. Government is trying to help.
China Merchant Acquires a HK Bank to Seek Expansion
[2008-06-04]
China Merchant acquiring WLB seeking to expand into, marking the first time a Chinese bank will acquire a controlling stake in a bank outside of mainland China.
Confident SocGen CEO Bares All In Beijing
[2008-06-04]
'Everything is clear,' Frederic Oudea told Beijing regulators waiting for details of a huge fraud case. 'SocGen is in good shape.'
China Unicom Sells CDMA Business
[2008-06-03]
The nation's telecom overhaul continues as China Unicom says it will sell its CDMA branch to China Telecom and buy China Netcom.
China Southern and Air France-KLM Team Up
[2008-06-03]
China Southern to establish an air cargo company with Air France-KLM Group, aiming to expand the carrier’s cargo business.
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