Chinalco: Chance of Revising Rio Tinto Deal 'Very Small'
The Chinese company will consider revising the proposal, but won't resubmit an application to Australian regulators.
News AM May 25
PetroChina to Pay US$1 Bln for 45.5% of Singapore Petroleum; China Steelmakers Extend Losses in Jan-April; Shanxi Securities Submits IPO Application
Andy Xie: Efficiency's Urgent Cry for Attention
China's economy has squeezed a lot of growth out of liquidity, exports and new infrastructure. It's time to embrace efficiency.
CNMC Expands Presence in Zambia via Copper Mine Acquisition
Prices of copper are expected to pick up again as output rebounds now that many firms have completed destocking.
Mutual Guarantees for Urban Construction Bonds Cloud Risk Picture
Backing each other's loan tends to generate obligations that may be opaque to the investor, hindering the latter's ability to identify the risks involved.
News PM May 22
State Grid to Invest 600 Bln Yuan in UHV Power Lines; State Grid to Invest 600 Bln Yuan in UHV Power Lines; Salt Company Manager Facing Trials
Suntech Q1 Net Profit US$ 1.8 Million
PV module prices and sales remained weak, but lower raw materials costs boosted the company's gross profit.
Confessions of Chinese Derivatives Deals Part 2
In this second installment in a series, a former investment banker describes a conflict of interest at banks that threatens clients.
News AM May 22
Taiwan DPP Leader Visits Mainland; Taiwan Reports Third Case of A/H1N1 Flu; Top 5 Oil Producers April Profits Surge 44.8%; China to Subsidize Solar Energy Development
Coal Mine Tragedies and a Veil of Silence
The use of media gag fees to conceal coal mine accidents is at the center of a reporter's corruption trial in Hebei Province.
News PM May 21
NetEase Q1 Net Up 54.7% on Online Gaming; Consumer Goods Industry Sees Stable Growth; Bank of China to Open First Brazil Branch; Government to Invest 146 Bln in Technology
Steel Mills Won't Back Down on Iron Ore Prices
Chinese steel mills maintained their position that iron ore prices should be lowered to 2007 levels.
China Plans New European Buying Mission
In February, Chinese companies have procureed more than US$13 billion worth of goods and services from European countries.
News AM May 21
Geely Plans New Share Issue to Fund Acquisitions; Chinalco to Issue 10 Bln Yuan Worth of Bonds; SAFE May Raise QDII Investment Quota; Beijing Confirms Second A/H1N1 Case
China Unemployed Insurance Claim Rate Down
While urban registered unemployed population increased, number of unemployment insurance claims dropped.
Taking No Chances in the Fight against Flu
China's nationwide health response to a new strain of flu has been tough, extensive and built on the lessons of SARS.
Snowy Picture for Satellite TV in China
Provincial satellite TV providers are getting new attention from investors. But are regulators ready for real market reform?
China Mobile to Seek Mainland Listing 'as Soon as Possible'
China Mobile would prefer to list using China Depositary Receipts, according to company chairman Wang Jianzhou.
News PM May 20
Investors Embrace Treasury Bonds; HSBC to Issue RMB Bonds; China, Brazil Sign US$10 Bln Oil Loan Deal; Shanghai to Build Ship Transaction Platform
Hong Kong Monetary Authority's Yam to Retire in October
The world's longest-serving central bank chief might serve as consultant to China's central bank.
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