- China Bids for Yuan to Trump U.S. Dollar
- [2008-11-21]
A Beijing expert says China’s currency is moving toward becoming the global standard, although it needs more time.
The Chinese government has agreed to set up an independent institute to handle financial information from foreign info services.
- News PM November 21
- [2008-11-21]
Beijing to Boost Social Security Housing, Three Officials Sentenced for Bribery, Textile Trade Sluggish in the First 10 Months, China Mulling Fuel Tax Reform, China, Russia to Resume Oil Loan Talks
- Oil Rigs: China’s Overseas Stepping Stones
- [2008-11-21]
The president of oil services firm COSL discusses its buyout of a Norwegian rival in the context of China’s global strategy.
- China’s Government Defends Vitamin Cartel
- [2008-11-21]
A U.S. price-fixing lawsuit against Chinese vitamin makers will continue despite a ‘foreign sovereignty’ argument.
- Hangzhou Subway Collapse: Who is Responsible?
- [2008-11-21]
Poor soil conditions, a rushed schedule, insufficient funds, and inexperienced workers – tragedy was written into job from the very start.
- News AM November 21
- [2008-11-21]
CNPC's Underground Gas Storage Project Approved, Shenhua Permitted of Coal Exploration in Australia, China Power Invests 100 Billion in Ningxia Mine, Yunnan Taxi Driver Strike, Cause Confirmed in Food Poisoning
- News PM November 20
- [2008-11-20]
Measures to Boost Textile Industry, AVIC to Form Cargo Service Company, Banks Attentive to Local Authorities' Economic Policies, China to Scrap 100 Types of Administrative Fees, China, U.S. Experts Discuss Melamine
- China Clears Hurdle for Auto Leasing Firms
- [2008-11-20]
Concerns over slower car sales prompted China's top banking regulator to lift caps on auto leasing businesses.
- 3G License Release Accelerated
- [2008-11-20]
China’s telecom giants are already formulating plans on the news that 3G licenses could be released as early as the end of 2008.
- BYD to Roll out Hybrid Car in December
- [2008-11-20]
China's first mass-produced hybrid car will hit the lots on December 15, said BYD's president and CEO Wang Chuanfu.
- Guangdong Building Reinsurance Platform
- [2008-11-20]
A reinsurance system for Guangdong Province started with a sputter. But experts see plenty of room for growth.
- News AM November 20
- [2008-11-20]
CPCC to Issue 20 Billion Bonds, Jilin Company's Stock Suspended, Shandong Students Allocated Land, No Car Control in Beijing, Six Measures to Promote Light Industry
- Violent Protest in Gansu
- [2008-11-20]
What started as a protest over forced relocations erupted into chaos on November 17, leaving 60 people injured.
- News PM November 19
- [2008-11-19]
Two Socialist Countries Join Hands, Public Clash with Local Authority Under Control, China May Raise Gold Reserves as Forex Reserves Soar, Caijing Economist Warns of Corporate Bankruptcies, and more
- American FDA Opens Office in Beijing
- [2008-11-19]
With Chinese food imports on the rise, the U.S. Food and Drug Administration opened its first office in China.
- Coal Piles Up as Coke, Steel Industries Slow
- [2008-11-19]
Chinese mines are expanding production capacity even though coal demand is declining among key customers.
- Increase of Minimum Wage Postponed
- [2008-11-19]
The national minimum wage was scheduled to increase by the end of this year – until a slowing economy triggered second thoughts.
- China Approves InBev-AB Beer Merger
- [2008-11-19]
A US$ 52 billion merger of the world's second and third largest brewers received Beijing's backing, but with conditions.
- Strauss-Kahn’s IMF: Firefighting Architect
- [2008-11-19]
International Monetary Fund chief Dominique Strauss-Kahn discusses the global crisis, China and IMF’s evolving role.
Week In Review
Government revealed 4-trillion yuan stimulus package, CITIC Pacific will be bailed out by its parent company CITIC Group, both PPI and CPI declined in October.
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[ICP License: 070301] IDC License:[B2-20040250] Advertising Business License:[京海工商广字第0407号]
Copyright by Caijing. All Rights Reserved