News PM May 8
[2009-05-08]
Geely Rejects Reports of Saab, Volvo Bids; Tencent Target Price Raised on Games Outlook; Sichuan Punishes 246 for Misconduct in Quake Relief Effort
Banking Regulator Wary of Rapid Property Lending Growth
[2009-05-08]
New property lending stood at 336.4 billion yuan in the first three months, of which 221.8 billion yuan, or 65.9 percent, was borrowed by developers.
Steel-Ore Price Talks Hit an Iron Wall, Again
[2009-05-08]
The latest round of turbid negotiations between iron ore suppliers and Chinese steelmakers may alter the pricing mechanism for good.
News AM May 8
[2009-05-08]
Production of Antibiotic-Absent Milk Halted in China; Qingchuan to be Rebuilt at Former Site; Project Development Loans Too High; ZTE Eyes U.S., European Markets
Critical Choices for China's Dialysis Patients
[2009-05-08]
An outbreak of hepatitis C among dialysis patients has focused attention on a cost-versus-risk dilemma for health care in China.
News PM May 7
[2009-05-07]
Shenzhen Energy Sold Stake in Guangdong Shaoneng; Zijin Mining Shareholder Cuts Stake; China 2008 Services Trade Hits $304 Bln; China Halts Yueyang City Bond Issuance
Ex-Bank of China Managers, Wives Jailed In US
[2009-05-07]
The four received a three-year supervised release and were ordered to pay US$482 million in restitution.
China May Buy More Gold to Diversify Forex Reserves – FT
[2009-05-07]
Gold reserves currently account for just 1.6 percent of China's foreign-currency holdings, compared with a global average of 10.5 percent.
PBOC to Maintain Moderately Loose Monetary Policy
[2009-05-07]
Although there are signs that that the government's stimulus polices have begun to show the desired impact, private capital is still unwilling to invest.
News AM May 7
[2009-05-07]
Mainland Carmakers Plan Taiwan Tie-Ups; Sichuan Earthquake Student Death Toll 5,335; PBOC to Maintain Moderately Loose Monetary Policy; Swine Flu Death Toll Rises to 31
Rural Finance's Revival Strains Regulators
[2009-05-07]
Big banks are accepting government invitations to expand into rural financial services, forcing regulators to play catch-up.
News PM May 6
[2009-05-06]
China Southern Granted 15 Bln Yuan Credit Line; China WindPower JVs to Build Five Wind Farms; China to Subsidize Energy Efficient Light Bulbs; CDB Reduces Bond Issuance
Textile Exports Show Signs of Recovery at Canton Fair
[2009-05-06]
Textile manufacturers at the China Import and Export Fair said orders exceeded forecasts following a disappointing first quarter.
SAIC Motor to Launch First Hybrid Car Next Year
[2009-05-06]
It will be the first in a series of cars that the company plans to release as it attempts to retain its position as China's leading automaker.
China National Pension Fund 2008 Loss 39.4 Bln Yuan
[2009-05-06]
The fund booked a fair value loss of 62.7 billion yuan on its securities trading positions in 2008.
News AM May 6
[2009-05-06]
Power Production Decline Slows in Late April; TV Banking Debuts in Jiangsu; New Mandate Promotes Microfinance in Shanghai; Swine Flu Death Toll Totals 30 Globally
China's Loan Binge: Stimulus or Insanity?
[2009-05-06]
Bankers, local officials and financial regulators are trying to explain -- and justify -- a stunning surge in new loans.
Analysis: Tests, Targets for a New Stimulus Package
[2009-05-06]
Market indicators are lagging behind positive data tied to the government's stimulus package. The economy may need more help.
ADB, China Ex-im Bank Sign US$ 3 Bln Co-Financing Agreement
[2009-05-05]
This agreement is another effort made by China in recent months to expand its influence in development funding.
Swine Flu Has Smaller Impact on China than SARS
[2009-05-05]
China's trade relationship with Mexico is not extensive and the country is much better prepared to deal with the spread of infectious diseases, said a CICC report.
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