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Market News |
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| Members will be notified by email immediately of any Chinese industry specific updates, either government or business, that potentially affect either directly or indirectly, their business operations in China
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AVIC I and AVIC II to be restructured |
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2008/01/11 11:47 (Beijing - China) |
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| The businesses of AVIC I and AVIC II, the country's two leading State-owned aviation manufacturers, are likely to be restructured and consolidated to realize the country's ambitious plan of developing a homegrown large commercial aircraft. |
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Rail firm on track for March IPOs |
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2008/01/03 11:18 (Beijing - China) |
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| China Railway Construction Corp (CRCC), the country's second largest construction firm, is likely to go public in Shanghai and Hong Kong in March, according to sources. |
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Germany expects lower economic growth in 2008 |
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2008/01/03 11:03 (Beijing - China) |
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| German Economy Minister Michael Glossaid Wednesday that the German economy, the biggest in Europe, is likely to grow less than 2 percent as previously estimated. |
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Britain's manufacturing growth slows |
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2008/01/03 10:59 (Beijing - China) |
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| Britain's manufacturing sector growth eased in December as worries about the credit crunch led to new orders hitting a near two-year low, a survey shows. |
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Barroso welcomes Cyprus into euro zone |
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2008/01/03 10:57 (Beijing - China) |
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| European Commission President Jose Manuel Barroso has welcomed Cyprus into the euro zone as from Jan. 1, 2008, a step he believes will bring the easternmost EU state to "the very heart of the European Union." |
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Top technology policymakers to attend int'l trade fair in Las Vegas |
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2008/01/03 10:45 (Beijing - China) |
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| The Consumer Electronics Association (CEA) announced on Wednesday that senior technology policymakers from the European Union, Japan and the United States will participate in the 2008 Consumer Electronics Show (CES). |
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Stocks close lower in Mexico, Brazil, Argentina |
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2008/01/03 10:41
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| Latin America's three major stock markets closed mixed Wednesday.
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U.S. Fed cut rates in Dec. to help bolster economy |
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2008/01/03 10:40 (Beijing - China) |
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| A deepening housing slump and the tightening credit market promoted U.S. Federal Reserve policymakers to cut interest rates further at their December meeting to help bolster economic growth. |
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Turkey, Syria keen to boost economic ties |
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2008/01/03 10:34 (Beijing - China) |
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| Turkish State Minister Nazim Ekren and visiting Syrian Deputy Prime Minister for Economic Affairs Abdallah al-Dardari held talks on Wednesday to promote economic ties. |
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Sony saying goodbye to rear-projection TVs |
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2008/01/03 10:31 (Beijing - China) |
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| Sony Corp. is saying goodbye to its money-losing rear-projection TV business worldwide and hello to liquid display and organic light-emitting diode flat panel technologies. |
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Striking a balance in monetary objectives |
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2008/01/03 10:29 (Beijing - China) |
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| Effective from December 21, the one-year benchmark deposit rate was increased by 27 basis points to 4.14 percent while the one-year lending rate was up by 18 basis points to 7.47 percent. |
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China's aviation makers likely consolidate for large jets |
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2008/01/03 10:22 (Beijing - China) |
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| China Aviation Industry Corporation I (Avic I) develop its own advanced fighter aircraft - the "Jian 10" - is considering consolidation with another domestic large jet maker. |
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Japan eases regulations on imports of frozen spinach from China |
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2008/01/03 10:19 (Beijing - China) |
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| Japan's Ministry of Health, Labor and Welfare has ended compulsory inspections of frozen spinach exported by eight Chinese companies, said China's top quality control agency. |
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China set to assert colossus status |
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2008/01/02 13:42 (Beijing - China) |
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| China is set to make 2008 the year it asserts its status as a global colossus by flexing economic muscles on international markets and exhibiting its cultural richness, The Independent newspaper said. |
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Venezuela's new currency starts circulation |
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2008/01/02 13:25 (Beijing - China) |
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| Venezuela's new "strong bolivar" currency, lopping off three zeros from prior denominations, started its circulation Tuesday. |
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China's Three Gorges project generates 61.6 bln kwh of electricity in 2007 |
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2008/01/02 10:49 (Beijing - China) |
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| China's Three Gorges hydropower project generated 61.6 billion kilowatt-hours of electricity last year, about 25 percent more power than in 2006, company sources said. |
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China puts quota on grain powder exports |
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2008/01/02 10:12 (Beijing - China) |
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| China started a temporary quota policy on the export of wheat, corn and rice powder on Tuesday, in order to guarantee an adequate domestic supply. |
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VC investment in China hits $3.2b in 11 months |
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2008/01/02 09:50 (Beijing - China) |
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| Venture capital institutions from home and abroad had pumped $3.18 billion into 428 deals in China from January to November 2007, according to a report from a leading Chinese consulting firm. |
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New fuel standards take effect in Beijing
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2008/01/02 09:48 (Beijing - China) |
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| Beijing introduced new vehicle fuel standards on Tuesday, which represent another way to ensure the "green Olympics" that China has promised. |
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China auto maker to develop hydrous ethanol engines |
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2008/01/02 09:40 (Beijing - China) |
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| Dongfeng Motor Corporation, one of China's largest auto makers, has completed its initial research of using hydrous ethanol in automobiles. |
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