News PM August 17
[2009-08-17]
Joy Air Takes off; Eight Bodies Identified in Chinese Mining Tragedy; Everbright Securities to Start Trading August 18
HNA Group to Form Carrier JV with Dalian Government
[2009-08-17]
HNA Group will also set up an investment unit in Dalian to build facilities including an office building and a logistics park.
State-owned Firms' Dividend Payments Down 13%
[2009-08-17]
China plans to require more state-owned companies, such as state-controlled banks, to hand in a certain percentage of dividends to state coffers in the future.
Shanghai Speeds up Reform of State-owned Financial Institutions
[2009-08-17]
Shanghai accelerated the overhaul of its state-owned financial institutions as new guidelines were issued.
News AM August 17
[2009-08-17]
Shenhua Energy July Coal Output Up 9.9%; China's July Wholesale Prices Down 8%; China Loosens Restrictions for Industrial Land Leasing
CISA Agrees on Iron Ore Price Cut with FMG
[2009-08-17]
Chinese steel mills will continue negotiations with the top three miners using the price agreed with FMG as a benchmark, CISA said.
Economist: Reality Check for Prophets of Protectionism
[2009-08-17]
Anxiety over protectionism may be groundless, as a downturn in wealthy countries today does not mirror the 1930s calamity.
Police Officers Convicted in Torture Case
[2009-08-14]
A court ruled against the officers in the death of a pharmaceutical salesman detained and beaten after six people died in a hospital.
Solar Power Prices Test a Downward Path
[2009-08-14]
A successful tender for China's largest solar power project appears to be a market force victory over subsidized energy.
News PM August 14
[2009-08-14]
July Power Consumption Rose 6%; Former City Officials Sentenced for Corruption; GEM Approval Committee Created; Construction Chief Goes to Court
Securities Firms Dusting off IPO Dreams
[2009-08-14]
Securities firms preparing IPOs after a seven-year wait are confronting old questions about putting new capital to work.
New Rules to Boost Managed Funds' PE Business
[2009-08-14]
The China Securities Depository and Clearing Corp. has been accepting registrations of new PE products from managed funds since August 11.
China July Vehicle Sales Up 63.6%
[2009-08-14]
Vehicle sales have topped 1 million units for five consecutive months, buoyed by a sales tax cut and subsidy.
China to Freeze New Steel Project Approvals
[2009-08-14]
Steel oversupply is a serious problem, with annual production capacity of 660 million tons far exceeding estimated demand of 470 million tons.
News AM August 14
[2009-08-14]
CBRC Releases Final Rules on Consumer Finance Firms; Shenzhen Gas Applies for Shanghai Listing; Iodine Level of Table Salt to be Lowered
China Downgrades Charges against Rio Exec
[2009-08-13]
Allegations of state secrets theft have been dropped against Stern Hu and three Rio Tinto colleagues while a probe continues.
Reform in the Air for Chinese Broadcasters
[2009-08-13]
TV and radio broadcasters are preparing to buy privately produced entertainment as state control undergoes a gradual change.
Macroreview: Why Taxes Matter for Economic Growth
[2009-08-13]
A government policy that favors turnover taxes over other tax methods benefits fiscal coffers but dampens GDP growth.
News PM August 13
[2009-08-13]
Sinochem to Buy British Emerald Energy; XAIC Sets up Venture with Goodrich Corporation; Ping An will Invest in Value Partners Group
NDRC Drafts Rules on Monopoly Price
[2009-08-13]
The rules extend to instances of price collusion overseas, provided there is an impact on the domestic market, said NDRC.
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