World Bank Raises China's Growth Forecast to 7.2 %
The World Bank report found that China's growth is unlikely to rebound to very high single digit rates before the world economy recovers convincingly.
China Revives, U.S. Languishes: Citibank Economist
The U.S. economy is still cooling, although at a slower rate, while business in emerging countries including China is heating up.
China Cosco to Book Profit in H2- Chairman
Cosco chairman Wei Jiafu said that the Baltic Dry Index will continue its upswing in the second half this year.
Templeton Asset Management Loses QFII License
In February, China's securities regulator granted QFII licenses to three companies seeking to participate in domestic capital markets.
News AM June 18
Datong Coal's Shares Tradable Soon; FAW Group in Merger Talks with Brilliance China; Chui Now Sole Candidate in Macao Election
China Economy Stabilizing, Investment and Consumption Rise
The State Council resolved to carry on with an active fiscal policy and a moderately loose monetary policy.
Three Companies Set to Win Final IPO Approvals
Guilin Sanjin is one of China's leading producers of traditional Chinese medicine and booked sales revenue of just over 1 billion yuan in 2007, according to its website.
Industrial Policy Jolts Neo-Liberal Dreamers
As neo-liberalism crumbles in the financial crisis, governments are waking up to the value of old-fashioned industrial policy.
News PM June 17
TCL Multimedia Buys Back Shares; Taikang Life to Boost Solvency Ratio; Tencent Considering Mainland Listing; BRIC Leaders Issue Joint Statement
Chinalco Undecided on Rio Tinto Rights Issue
Chinalco has registered with Rio Tinto for possible participation in the issue, though it hasn't yet decided to buy.
Mainlander Takes HKEx Helm in Rough Seas
Putting an investment banker from Beijing in charge fits a Hong Kong stock exchange strategy for navigating the future.
Lingering Issues for Huludao Loan Dodgers
Bank staffers have been disciplined and a scam smashed, but questions about lending practices still loom in a Liaoning city.
News AM June 17
China to Tax Property Gifts at 20%; China April US Treasury Holdings Decline; CNPC to Build Refinery in Chongqing; China to Revise Confidentiality Law
Lumena Closes up 19% on Hong Kong Debut
Lumena produces around 1.6 million tons of mirabilite annually, 11.3 percent of the world's supply and 23.2 percent of China's.
China A-share IPOs to Resume by June 25
A brokerage official told Caijing that he views Sichuan Expressway Co. (HK 0107) as the best candidate for first listing.
China Web-filtering Software Facing Legal Challenges
A lawyer required the government to make public all information concerning the process involved in the purchasing of the filtering software.
Judiciary's 'Instruction' System On Trial
China's lower courts routinely seek pre-verdict instructions from higher courts. It's a system now getting close scrutiny.
News PM June 16
Huarong AMC Aims to List in 3-5 Years; China's Geely Acquires Australian Auto Parts Producer; China Begins Batch Production of A/H1N1 Vaccine
Ex-CITIC Chairman Yung Cuts Stake in Poly (HK) Investment
Yung's cash-out paves the way for his formal retirement from CITIC Pacific at 67 years of age, a veteran Hong Kong banker told Caijing.
Uncertain Prospects for Investment Growth in Private Sector
Caijing economists said positive investment growth in the private sector would continue if three conditions - increased demand in the world market, robust domestic consumption and favorable government policies – were met.
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