News PM September 22
CSRC Rejects TJ Innova GEM Listing Application; Walt Disney Mulls Shanghai Theme Park; Cross-Straight Trade Down by 33% in First Eight Months
China Overhauls Agricultural Subsidies
In an effort to balance agricultural subsidy fluctuations, new reforms have been launched to include a benchmark determined by annual market prices.
Wrist Slaps Planned for Illicit Power Plants
Power plants that popped up across China without government permission in recent years expect to be fined, then approved.
Diversifying Medical Care Suppliers in China
China's reforms must not only devote a large sum of money to bring health coverage to uninsured people, but also work on enlarging medical service capacity.
Wumart in Acquisition Talks with Jiangsu-based Retailer
The proposed acquisition will help Wumart's expansion into the retail business in Jiangsu Province.
Strategic Crude Oil Reserves to Hit 169 Mln Barrels in 2020
China's strategic crude oil reserve, along with reserves operated by commercial entities, is sufficient for 30 days of domestic demand.
News AM September 22
Beijing Toread IPO Price Range Proposed; China Mobile New Users Rise in August; Prison for Taiwan Legislator in Mainland Envoy Assault
Qinhuangdao Port Coal Price Rises Ahead of National Day
Coal prices at Qinhuangdao port rose ahead of the National Day as the government tried to ensure electricity supplies.
Economist: How the Euro Rose and Rivaled the Dollar
The success of the euro as a multinational currency did not come overnight. And nothing similar is likely to emerge in East Asia.
Expert: State Grid Unable to Use Wind Power on Large Scale
An expert says China's plan to increase wind power may not be feasible as the state grid is not accommodating.
Rolling Dice with Market Games, Loan Policy
Things got quiet for two months after a surge in bank loans sparked a stock market frenzy in the first half 2009. Now the players are back.
Steel traders Call for Lower Prices from Producers
Steel traders argue that large steel mills should base their prices on what's happening in the market.
News PM September 21
Economist Favours Boost in Yuan Trade Settlement; Communist Party Sharpens Focus on Goals; Carlyle, Fosun Buy Stake in Milk Powder Producer Yashili
UBS Predicts 8.5% GDP Growth for China
Some analysts doubt that China's investment-driven growth model is sustainable in the absence of a rise in consumer demand.
Focus Media to Sell Part of Advertising Business
Focus Media may alter the terms on the proposed merger with Sina Corp., China's leading Internet portal, if the deal does not receive government approval before the end of September.
News Calendar September 21 to 27
Chinese President Hu Jintao will travel to the United States to attend international conferences; 100-year anniversary of the first successful test flight of a Chinese aircraft.
News AM September 21
China Securities Regulator Approves 13 Listings; China Oil Products Sales Up in August; Screening of Kadeer's Documentary Faces Opposition from China
Long IPO Road for an Insurance Powerhouse
China's historically first but sometimes second-rate life insurer, PICC, is restructuring again in hopes of a dual listing IPO.
China Urges IMF Quota Reform
Institutional architecture of IMF poised for adjustments; Current quotas allot developed countries 57 percent of voting power.
Legal Struggles for a Cleaner Environment
An environmental group's success in court against a local government agency may lay the groundwork for legal progress.
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