News AM February 27
CNPC Postpones Refining Projects, Volkswagen to Double China Sales by 2018, AVIC launched Global Recruitment, Farmland Decreases 193.3 Sq Km
Waiting Game for Chinalco's Rio Tinto Deal
Chinalco's plan to boost its investment in Australian miner Rio Tinto is getting supporters, skeptics and lengthy scrutiny.
Employment a Focus of Annual Parliamentary Session
The National People's Congress next month will address employment and other familiar social issues that have taken on new urgency in the economic slowdown.
Officials Probe Deadly Game in Yunnan Jail
Prosecutors may file charges following the death of an inmate four days after a game of tag triggered a jailhouse scuffle.
Banking Regulator: Ag Bank Going Alone
China's banking watchdog so far has no information about whether Agricultural Bank of China will seek a strategic investor.
News PM February 26
Guotai Explores Nasdaq Linked Fund for China's A Share, Shenzhen Ping An Renamed for National Expansion, CNPC Sets up Strategic Partnership with ABC
Ex-Jiao Da Onlly Executives Indicted For Corruption
They were charged with accepting 15.7 million yuan in bribes, embezzling 47.5 million yuan of public property and misappropriating 90 million yuan of public funds.
Tunlan Mining Explosion Blamed on Man-made Errors
In light of Tunlan mine's seemingly foolproof security system, the fatal mining explosion was likely the result of safety violations.
National Pension Fund To Buy Bank Stakes
China Development Bank and Agricultural Bank might receive fresh capital from the pension fund.
Compensation Plan Announced for Tainted Milk Victims
Sanlu and other milk producers will pay 1.1 billion yuan to victims of the tainted milk disaster.
Bank Acceptance Motivates Loan Activity
Caijing economist Lu Lei expects banks and companies that need loans to continue using bank acceptance drafts through 2009.
Draft Loans Policy May Expose Banks to More Risk
The minimum capital requirement to secure a loan will be lowered from 20-35 percent to 12-21 percent of the total investment.
Banking Regulator Halts Bad Asset Securitization
The regulators are worried about a negative response as the U.S. subprime crisis continues to cast a shadow over the market.
News AM February 26
Stimulus Plans Approved for Logistics, Policies to Boost Non-ferrous Metal Sector, Shanghai Airlines Seeks Capital Injection, Highway Kingpin on Trial
Video: Collision in Korea
Mistrust, clashes with the union, and the financial crisis brought down the partnership between Shanghai auto and Korean carmaker Ssangyong in four short years.
Bumpy Ride Ends for the Luo-Fu Railway
Fraud that infected the privatization of central China's Luo-Fu rail system has ended with nationalization and a magnate's conviction.
Overseas Acquisitions: A Chorus Without a Conductor
February brought a spate of investment into foreign mining companies. Some say the government should control the stampeded – but it's not clear it can.
News PM February 25
China Railway Erju Issues 1.5 Billion Yuan Bonds, Shenzhen Expressway to Issue Bonds, China Mobile Facing Growing Competition, Chinese to Buy U.S. Real Estate
China to Encourage Auto Mergers
The government wants to reduce the number of major domestic automakers to help the industry get through the economic slowdown.
China Strategically Evaluates Five Environmental Regions
Five key regions have been designated for environmental evaluation to promote both industrial development and environmental protection.
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