News AM July 24
Shanghai H1 New Property Sales Up on Policy Support; Industrial Securities Prepares for IPO; East Asian Central Bank Governors Meet
ICBC to Cap Lending in Second Half of 2009
ICBC, one of China's four biggest commercial banks, has set a ceiling for the bank's annual new lending, a sign that the end of runaway credit is in sight.
Iron Ore Talks May Conclude in 10 Days – CISA
The extent of the price cuts for the current fiscal year remains a matter of dispute for Chinese steelmakers.
Beijing Auto Withdraws Opel Bid
Beijing Auto was the high bidder in the Opel auction with an offer of 660 million euros.
Rio Tinto and China's 'State Secret' Debate
The blurry line between commercial and state secrets was getting a closer look even before Rio Tinto workers were detained.
China to Encourage Foreign, Private Investment in Cultural Industry
The State Council said that multimedia broadcasting, digital media, web and mobile TV service should be "actively promoted."
News PM July 23
Chinese Firms Begin Influenza Vaccine Trial; Telecom Operators Invest 80 Bln Yuan in 3G Service in H1; PICC Life Aims to Make Profit by 2010
Bridge Collapse Jogs Memories of Scandal
A Tianjin highway bridge tragedy blamed on overweight trucks was a deadly reminder of a road operator's scandalous past.
China Mobile June New-User Market Share Falls
Analyst said the decline was partly due to China Telecom's impressive performance in the 3G market.
Something Better than Revocations of Import Permits
Permits can be stripped from iron ore importers caught speculating. An expert says it's a regulatory tactic that serves no one.
China Everbright to Raise 11 Bln Yuan Before IPO
China Everbright Bank has attracted a few strategic investors to boost its capital adequacy ratio in preparations for the bank's initial public offering.
Shanghai GDP Up 5.6% in First Six Months
Shanghai's gross domestic product grew 5.6 percent in the first half of 2009, mainly due to a fast expansion in the service industry.
News AM July 23
Volvo to Exit JV with China National Heavy-Duty Truck Group; Everbright to Raise Money Before IPO
Editorial: Reality Check for China's Monetary Policy
A policy that encourages loose lending and investment is driving China's economic engine down an old, unsustainable path.
Macroreview: Economists Caution Against Redundant Road Projects
Even if China's gross domestic product grows 9 percent in the next decade, the demand for road infrastructure will go up by no more than 30 percent by the year 2020.
BAIC Seeks to Buy Fujian Motor's Stake in Daimler JV
The bid for the joint venture stake underscores Beijing Auto's ambition to expand in the market.
News PM July 22
China Railway Construction to Create Insurance Broker; China Mobile to Launch 'Ophone' Line; 4.9 Bln Unpaid Social Insurance Premiums Recovered
Blog: Was Kim Jong-il's Inspection Photo Faked?
I don't think there's obvious evidence for the falsity of the photos, but it doesn't mean we can believe every news report from this country.
PE Investment Rules for Insurers Expected in October
The National Development and Reform Commission, the top economic planning agency, submitted in late June general private equity rules to the State Council for approval.
News AM July 22
China Unicom Expands 3G Trial Network; China to Obtain US$ 9.4 Bln SDR from IMF; Minsheng Approved to List in Hong Kong; Hong Kong and Guangdong Strengthen Ties
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