News PM May 5
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Lower capital outlays mean projects will rely more heavily on debt financing.
Galaxy Securities CEO Xiao Arrested
Xiao's downfall is related to unspecified criminal charges connected to his former job as a securities regulator
News PM April 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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