Huaneng Plans to Set up Shipping Venture
While the shipping markets is in decline, power giant Huaneng sets up a company to engage in shipping on the Yangtze River.
Steelmakers Call for Iron Ore Price Cuts
If Chinese steel producers get their way, major ore suppliers will substantially reduce benchmark prices next year.
News AM December 10
Threshold Rose on M&A Loans,Five Changes to VAT,Purchase of Genetic Modified Soybeans Prohibited in Helongjiang,Ten Recommendations to Drive Aviation Companies,74 Fraudulent Medicine Websites Found
Editorial: In Search of Balance for a Reliable Yuan
China has been on the right track since currency reform in 2005. This is no time to be sidetracked by yuan devaluation.
Okay Air Suspends Flights Earlier
Okay Airways cited safety concerns, but debt and fuel payments hamper the Airline.
News PM December 9
Concentrated Loan Lending for State-Owned Banks,CRU Optimistic about China's Commodity Market,UEAir Shareholders to Increase Capital,China Railway Group Wins Contracts Totaling 5.84 billion
Chery Wins Loan for Overseas Expansion
As the domestic market tumbles, China's Eximbank loans 10 billion yuan to Chery to boost the company's overseas expansion.
China Ramps up Financial Sector Stimuli
A nine-measure package broadened the government's economic stimulus plan to embrace REITs, PEs and other vehicles.
News AM December 9
Guangzhou Property in Sharp Decline,CNPC Builds Gas System with Jilin,U.S. University Punished for Wenzhou Scandal,Ministry of Foreign Affairs Claims Rights over Diaoyu Islands
Economist: On Effective Stimulus
Monetary policy, not interest rate cuts, is the key to the efficient, equitable deployment of the stimulus package.
COSCO Cancels 2009 Ship Order
COSCO scraps a plan to buy some 120 vessels in 2009 due to slumping shipping prices.
Energy Consumption Declining in November
Declining electricity consumption shows the slumping production of the high energy consuming industry.
News PM December 8
Beijing to Support Start-ups,China South Locomotive Wins $436 Million Contract,Auto Market Struggles Amid Weak Demand,Anhui Power Producer Joins Hands with Coal Supplier
China Plans to Increase Fuel Tax in 2009
China announced changes to its fuel pricing and taxation system to promote energy conservation.
News AM December 8
Hong Kong Increases Service Industry Investment in Guangdong,Maotai Sales Reach 10 Billion,Country's Largest Vaccine Factory Established,Ministry of Commerce Claims US Enterprises Run Well in China
Macro Review: Watch Out for the China-U.S. Imbalance
The external imbalance will remain as China continues to finance the US deficit, and China has to bear the risks of dollar devaluation, US inflation and the US Treasury's liquidity problem.
Guidelines to Shake China’s Tobacco Sector
Cigarette packet warnings may be a first step toward major changes for China’s government-linked tobacco industry.
Web Post Reveals Officials' Luxury
A Shanghai blogger exposed an exorbitant, three-week vacation that 23 officials from Wenzhou City took on public funds.
Fuel Tax Reform Seen Imminent
The suspension of road maintenance charges seems to auger fuel price reforms in the near future.
News PM December 5
The Fifth China-U.S. SED,China Won't Push Yuan Depreciation,GM Denies Plan to Sell China Assets,Government Is Improving Employment of Graduates,Supplementary Rules of Anti-monopoly Law to Be Issued
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