Financial Groups May Help with Chinese Firms' M&A Activities: IEA Richard Jones
Such concerns include the loss of intellectual property rights, strategic assets, national benefits and worries about Chinese companies’ lack of transparency.
China Nov. CPI Projected at 3.7Pct: Capital Week Survey
CPI in November is expected to rise 3.7 percent driven by soaring food prices; no interest rates hikes this year predicted by 16 financial institutions.
Taobao Mall Launched New Web
Taobao is re-branding its B2C platform Taobao Mall, giving it an independent web address,, and spending $30 million in an advertising campaign to attract more users.
Interest Hike Signals a Shift to Prudent Monetary Policy
It signals the central bank’s move to bring the “extreme loose” monetary policies –adopted last year against a backdrop of global financial crisis – back to the normal prudent policies.
China ODI Hit $56.5 Bln in 2009
China’s outward foreign direct investment hit 56.5 billion U.S. dollars in 2009, ranking five on global basis and topping the developing countries.
China PMI Rises 54.7Pct, Boosting Economic Expectations
The official purchasing managers’ index released by the China Federation of Logistics and Purchasing rose to 54.7 percent from 53.8 percent in September.
"Forced" Blood Donation in Beijing for Surgery over Blood Shortage
A blood drive measure was taken in some Beijing hospitals, after an acute shortage that has prompted delays in some surgeries.
Pre-Warn Against "Gas Hunger"
Experts predicted that gas shortage is likely to worsen this year, echoing the country’s top economic planner, saying China is facing difficulty in meeting gas demand during peak times this winter.
China's Tax Revenue Rises 24.2 Pct in Jan. ~ Sept.
China’s tax revenue in the first nine months rose 24.2 percent to 5.6 trillion yuan, maintaining an upward trend.
More than 300 Died in Haiti Cholera
The WTO released updated figures on Thursday, saying the death toll from the cholera outbreak has reached 303 and that 4,722 cases have been reported.
China Publishing Group Listed in Shanghai, “Big & All-inclusive”
This has been the first publishing group to go public with whole products – including but not limited to traditional publishing and distribution businesses.
Another Executive in China Mobile Under Investigation
Former chairman of China Mobile was under investigation on charges of bribery, following the detention of two other top executives in the company.
Merrill Lynch Raised China GDP Forecast
China's economy growth is raised to 9.3 percent from 9 percent in the fourth quarter and by two basis points to 10.3 percent for the whole 2010.
Chen Deming Warns China Trade Against Imported Inflation
China’s foreign trade sector should be alert to imported inflation driven by factors including rising material and labor costs, U.S. “out-of-control” currency issuance and commodity price hikes.
3 Killed, 160 Missing in Quake-Triggered Tsunami in Indonisia
At least three were killed and 160 people were missing in Indonesia, after powerful earthquakes hit eastern Sumatra Island, triggering a deadly tsunami.
Japan, India Sign Free Trade Agreement
Leaders from Japan and India signed a bilateral trade agreement Monday that aimed at increasing trade and reducing reliance on the Chinese market.
Intel's New Plant in Dalian Opens
Intel’s new chip plant in Dalian, on China’s northeastern cost, enters production on Tuesday.
China Becomes the Third Largest Market for Volvo
By the end of September 2010, Volvo vehicles sold in China rose 52 percent year-on-year, compared with the average growth of 12.5 percent in global market.
China's National Competitiveness Ranks 17th Globally: CASS
China has made a big stride in national competitiveness during the period from 1990 to 2008, ranking 17th globally,
Everbright Bank Predicts 2010 Profit to Top 50Pct
China Everbright Bank is likely to report an earnings increase of at least 50 percent year-on-year for the full year of 2010.
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