China Papers to Become Corporate Entities by End-2011
China's newspapers get a rewrite as many of them will become real businesses in about two years.
Mengniu Reshuffles its Board
With two new big investors on board, China Mengniu reshuffled its board of directors accordingly.
China Unicom to Launch iPhone on the Mainland
Apple's iPhones will be available to China's customers later this year.
China Telecom to Raise Mobile Subsidies to 37%
The number of China Telecom's 3G users is growing at a rate of 20,000 per day.
CNOOC Denies Involvement in Bribe Taking
China's oil giant will continue to investigate a bribe-taking scandal allegedly involving its employees.
CNOOC H1 Net Profit Falls 55%
China's largest producer of offshore crude oil will continue to focus on exploration and increasing output.
China May Raise Refined Oil Prices on Aug. 27
A consultancy firm predicts domestic oil price hikes after international crude prices rose in the past few weeks.
China July Coal Imports Down 24%
China's coal imports are likely to keep shrinking in the coming months due to weaker downstream demand and increasing domestic inventory.
China to Improve Renewable Energy Financing
A draft amendment to the Renewable Energy Law advocates the establishment of a fund jointly financed by central government fiscal revenue and surcharges on renewable energy consumption.
New Opportunities for IPOs Attract Property Developers
Still, Guangzhou developer blames investment banks for 2008 loss.
New Fuel Pricing System Drives Strong H1 for Sinopec
The new pricing system relieved Sinopec from domestic fuel price caps and helped the company's refining business become profitable for the first time for four years.
Spot Price of Imported Iron Ore Falls below $100 A Ton
The slump had sparked panic among iron ore traders, who might now rush to clear their stocks, which could drive prices even lower.
China H1 Crude Imports from Iraq Up 300%
As demand remains buoyant, China wants to diversify its oil supply by purchasing more crude from the oil rich Iraq.
Fuzzy Policy Fails to Deter Media Investors
A Taiwan company's deal with CCTV suggests foreign investors' interest in China's broadcast sector is heating up again.
China Mobile Profit Growth Slides
Fierce competition brought about by the restructuring was to blame for China Mobile's lower net profit.
China to Investigate U.S. Electric Steel Imports
The Ministry of Commerce decided to investigate the U.S. government's low-priced or subsidized electricity, coal and natural gas supply to the steel industry.
Macroreview: Crisis Tests Strength of China's Export Muscle
China's exporters have suffered in the global downturn, but they've clung to import market share in major economies.
'Breakthrough' Iron Ore Deal May Fall Flat
A new contract with ore supplier Fortescue could be more of a gesture than a genuine money saver for Chinese steelmakers.
CNPC, Abu Dhabi National Oil Sign MoU on Oil Trading
CNPC is stepping up its presence overseas, both in terms of acquisitions and strategic partnerships, as it looks to take advantage of depressed asset prices and strengthen China's energy security.
Citic Pacific to Sell 14.5% Stake in Cathay Pacific
The deal is seen as a major move for Citic Pacific to divest its non-core businesses after it was hit by nearly US$2 billion in foreign exchange-related losses last year
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