News PM May 5
[2009-05-05]
China to Strengthen Protection of Complainants; China April New Loans 600 Bln Yuan - Report; GM China Sales Surge in April; Steel Prices Expected to Rise
Changan Auto Hires Law Firm to Explore Volvo Acquisition
[2009-05-05]
The law firms has been engaged to help study Volvo's current condition, intellectual property, valuations in a potential acquisition and methods of payment.
China to Announce Renewable Energy Blueprint
[2009-05-05]
The new plan is expected to raise existing targets for renewable energy development to a much higher level.
Wuhan Iron to Buy 50% of Australian Iron Ore Project
[2009-05-05]
Wuhan Iron and Western Plains Resources will jointly develop the Hawks Nest iron ore deposit in South Australia.
Ex-Morgan Stanley Executive on Trial for Insider Trading
[2009-05-05]
If convicted, Du Jun can be fined up to HKD 10 million and face imprisonment of up to 10 years.
Financial Markets 2008 Trading Volume Up As Stocks Slump
[2009-05-05]
Total trading volume in major markets -- including interbank lending, bonds, gold, stocks and futures -- reached a record high in 2008, said a central bank report.
Shanghai Quarantines 68 People for Fear of Swine Flu
[2009-05-05]
A Shanghai municipal government spokesman denied accusations leveled by Mexico's foreign minister that China had unfairly quarantined Mexican citizens even though they had exhibited no symptoms.
News AM May 5
[2009-05-05]
JP Morgan Opens Guangzhou Branch; Sohu Q1 Net More Than Doubles On Online Games; China to Expand Statistics Scale of Urban Salary; Banks Raise Mortgage Commissions
Recovery Measures for China's Economy
[2009-05-05]
Pro-active steps – and a pause in policymaking – will be needed if China wants to ride out the still-raging global financial storm.
China Launches Safety Checks on Small Coal Mines
[2009-05-04]
The announcement has raised concerns over the coal price outlook in the market and is expected to affect the coal price in a short term.
News PM May 4
[2009-05-04]
China to Cut Capacity in Some Industries; Shanghai-Listed Firms Combined 2008 Net Falls; China Loosens Rules on Bank Branches; Gansu Sees Low Graduate Employment Rate
Deflation Threat Growing as Trade Slump Continues
[2009-05-04]
The trade slump has also diluted the effect of measures to boost the economy such as the nation’s massive expenditure on fixed assets.
Showdown for China's Urban Gas Sector
[2009-05-04]
The sudden rise of a CNPC subsidiary on the urban natural gas scene is threatening a fledgling privatization movement.
Shougang to Start Production at New Mill In May
[2009-05-04]
The new steel mill, located on the small island of Caofeidian in the Bohai Sea, will have initial annual output of 4.85 million tons.
News AM May 4
[2009-05-04]
Government to Inspect Small Coal Mines; UPS Sees 10% Q1 Growth in China; New Loan Growth Slows in April; Swine Flu Death Toll Reaches 20; Asia to Set Regional Forex Reserve Pool
Provincial Leaders Tangled in Graft Probe
[2009-05-04]
Two ex-Guangdong leaders are the latest suspects detained for alleged corruption tied to retail tycoon Huang Guangyu.
Bumps, Turns on China's Recovery Road
[2009-05-04]
Export manufacturers are stinging although the latest indicators show signs of a turnaround. Is the economy improving, or not?
China Lowers Equity Requirement For Certain Investment Projects
[2009-04-30]
Lower capital outlays mean projects will rely more heavily on debt financing.
Galaxy Securities CEO Xiao Arrested
[2009-04-30]
Xiao's downfall is related to unspecified criminal charges connected to his former job as a securities regulator
News PM April 30
[2009-04-30]
Seven Provinces Lift Toll Fee for Secondary Roads; China Establishes Quick Diagnosis Method for Swine Flu; CNPC Sets up Strategic Partnership with ICBC
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