Geely Obtained 2.1 Billion U.S.Dollars for Volvo Purchase
Geely has secured financing to buy Ford-owned Volvo cars for about 2.10 billion U.S. dollars
China's Baosteel Ranks Third in Terms of Crude Steel Output
China's Baosteel ranked the third in term of curde steel output;Hebei Iron & Steel Group jumped to the second place in 2009
EC Eyes on Carbon Tax
The European Commission would soon present a legislative proposal to introduce a carbon tax across the EU
GM to Recall 1.3 Million Cars
General Motors Co. is planning to recall 1.3 million compact cars due to power-steering problems
Germany to Set off Internet Strategy in Mid-Year
Chancellor Angela Merkel has announced that an official internet strategy is set off for mid-year to promote economic development
China Three Gorges Turns to Jinsha River
China Three Gorges Project Corporation is shifting its core business into the hydroelectric development of Jinsha River
Air China and Cathay Pacific Established Cargo Airline Joint Venture
Air China Ltd. and Cathay Pacific Airways Ltd. have signed a Framework Agreement to set up an air-cargo joint venture in Beijing
Costly Welcome Mat for Natural Gas Imports
What's now a chaotic natural gas pricing system is getting a makeover as imports arrive -- and consumers foot the bill.
Wind Power Dilemma: Money Blows Away
Rapid, government-subsidized expansion of China's wind power industry has led to excess capacity and investment waste.
China Probe into Airlines' Fuel Hedging Continues
The focus of an investigation into state-owned enterprises which lost big from derivatives contracts is on compliance, rather than profitability.
Danone Says Arbitration Win not to Affect Wahaha Settlement
France's Danone received a belated ruling, which would not have any impact on the Wahaha settlement reached last September.
People in News
SMG Flips a Switch for Broadcast Reform
An overhaul at Shanghai Media Group could lead to long-sought market reform for China's bureaucratic broadcasting industry.
Power Price Hike Plan May be Unveiled in Mid-November
A new plan will cut on-grid power tariffs for power generators in coastal regions, but will raise tariffs for those in inland provinces.
Cautious Outlook for China's Export Sector
Overseas buying has improved, but exporters at the Canton Fair worried over yuan appreciation, raw materials and protectionism.
Sinopec, Addax and a New Iraqi Quagmire
Misunderstood signals for investing in the Kurdish region of Iraq may have jeopardized Sinopec's chances for future contracts.
China's Top Airlines Swing to Profit in Q3
Despite the third quarter upswing by China's top three airlines, the prospect for the fourth quarter may be uncertain.
Slow Sunrise for China's Solar Power Pricing
Government planners are trying to set a benchmark price for solar power, but the industry is resisting. Will market forces prevail?
Achy Feet as China Seeks an Iron Ore Stance
Debates over spot market buying and importer restrictions are dogging China's search for effective iron ore pricing.
Natural Gas Pricing Regime May be Changed in 2010
China's natural gas prices are expected to rise in 2010 as its imports increase.
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