China Might Cut Number of Licensed Iron Ore Importers
A senior official talks about the number of licensed iron ore importers, the mergers of China's steel makers and overcapacity.
WB Vice-President: Yuan Exchange Rate not Key Reason for Trade Imbalance
World Bank Vice President Lin Yifu advised China to transfer some of its labor-intensive industries to Africa so as to create jobs in that continent and facilitate China's industrial upgrading.
News Calendar October 12 to 18
Putin will visit China; The Shanghai Cooperation Organization will meet in Beijing; The 11th China National Games will open in Shandong's capital city of Jinan; The 106th China Import and Export Fair (Canton Fair) will be held in Guangzhou city.
Sichuan Tengzhong to Complete Hummer Purchase in Months
Sichuan Tengzhong has submitted an application to the Sichuan provincial branch of the Ministry of Commerce for approval of a US$ 150 million Hummer deal.
China Cuts Jet Fuel Ex-Refinery by 3.9%
China's economic planning agency adjusted jet fuel prices for the fifth time this year.
News AM October 12
ICBC Interested in Buying Cosco's Stake in ICBC-Credit Suisse Fund; China's Xi'an Aircraft Buys into Austria's FACC; Record Corn Crop in China by Year's End
Andy Xie: For Economic Stimuli, a Revolving Exit Door
Can interest rate adjustments, currency devaluation and zigzag policymaking help unwind economic stimuli? It depends.
IEA Estimates Massive Costs to Postponing Emissions Reduction
Report foresees US$ 10 trillion in additional energy investment from 2010 to 2030 to control carbon emissions; Energy cost savings by fossil fuels reduction will amount to US$ 8.6 trillion.
Analyst: China Sept. Non-Manufacturer PMI Decline Normal
An analyst with a securities firm pointed out that a drop in China's September non-manufacturer PMI does not signal a trend reversal.
News PM October 9
China Eastern Shareholders Approve Merger with Shanghai Airlines; China Stocks Rise Sharply; Manufacturing Increase Causes Labor Shortages in China's Coastal Areas
China Stocks Up on Rising Commodities, Foreign Economic Data
Investor sentiment got a boost from better-than-expected U.S. jobless claims data and a rate rise in Australia on Oct. 6, when Chinese markets were closed.
News AM October 9
Nine GEM Firms to Open IPO Subscriptions Oct. 15; GM China Jan.-Sept. Sales Up 56%; Elevator Brakes Fail at Chinese Tin Mine, Killing 26
China's Economy: 60 Years of Progress (Part IV)
Comprehensive Reforms, 1994 to 2009. As reforms deepened, a battle between pro- and anti-reform factions became increasingly fierce.
Prices Slashed for Half of 'Essential' Drugs
Prices for scores of popular medicines in China are going down as the government pushes forward with a universal health care plan.
French Water Giant Says Premium for China Acquisitions Justified
Veolia's official denied its leverage over China's water prices, citing its 1.5 percent share of the country's water market.
News PM October 8
Taiping Insurance, Ming An Shares Surge; U.S. Begins Probe on Chinese Seamless Steel Pipe; Employee Rights Reform in Shanxi
U.S. Firms Upbeat on Their Business in China
Despite bad times, U.S. companies are optimistic about the profitability of their China units in 2009.
China Pushes for New Quota System
China proposed an automatic mechanism to adjust an IMF member's quota in line with its changing economic power.
'Macroprudential' in the Eye of a Regulator Storm
A debate over a proposed macroprudential approach to financial regulation is focusing China's central bank and three sector supervisors.
News AM October 8
Asian Stock Markets Rise; Nomura Expects Profits of Chinese Firms to Rise; Vessel Sinks in Taiwan Strait, 10 Missing
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