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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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Shanghai port remains world top in cargo throughput |
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2008/01/02 09:33 (Beijing - China) |
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| The cargo throughput of Shanghai port reached 560 million tonnes in 2007, ranking the first in the world for the third straight year, the Shanghai Port and Shipping Bureau said. |
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A popular tax cut |
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2008/01/02 09:28 (Beijing - China) |
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| The adoption of a law amendment to raise the country's individual income tax threshold from 1,600 yuan ($218) a month to 2,000 yuan is welcome. It will cut individual income tax payment by 30 billion yuan a year. |
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China transforms use of foreign investment |
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2008/01/02 09:24 (Beijing - China) |
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| December 13 proved a unique day to Yang Yuguo, an all-powerful official extending credit at Sanligang Rural Credit Cooperative in Cengdu District of Suizhou City of Central China's Hubei Province. |
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Lotte eyes Beijing retailer |
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2007/12/29 15:07 (Beijing - China) |
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| Lotte Shopping Co, South Korea's largest retailer, said it plans to acquire a stake in a discount store operator in China in order to expand in the country's rapidly growing retail sector. |
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UBS denies charge of unduly profit |
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2007/12/29 11:00 (Beijing - China) |
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| Leading global investment bank UBS AG has refuted the allegation by a mainland newspaper that it had unduly profited from its role as a sponsor of PetroChina's 66.8 billion yuan A-share IPO in November. |
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Electronic tags enhance information about pig exports to HK |
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2007/12/29 10:52 (Beijing - China) |
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| Li Qingxiang, Guangdong Inspection and Quarantine Bureau deputy director, said the province started the pilot program of installing the tags on Hong Kong-bound pigs at a farm in Heyuan City earlier this year. |
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Taiwan grapefruit bound for Beijing, Shanghai markets |
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2007/12/29 10:46
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| More than 160 tons of Taiwan-produced grapefruit are bound for Beijing and Shanghai, China's two largest cities, ready for market before Jan. 1, according to the Taiwan Affairs Office of the State Council. |
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China raises individual income tax threshold |
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2007/12/29 10:17 (Beijing - China) |
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| China's top legislature on Saturday adopted a law amendment to raise the country's individual income tax threshold from 1,600 yuan a month to 2,000 yuan.
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China relaxes restrictions on foreign participation in securities companies |
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2007/12/29 10:16 (Beijing - China) |
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China approves gold futures trading |
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2007/12/29 10:06 (Beijing - China) |
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| The Shanghai Futures Exchange (SFE), one of China's major futures trading agencies, is expected to launch gold futures trading soon following regulatory approval. |
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Construction of biggest Vietnam-backed hydroelectric plant starts |
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2008/01/11 11:47 (Beijing - China) |
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| The Viet-Lao Power Joint Stock Company is developing Xekaman 3 power plant, the biggest-ever Vietnamese-backed hydroelectricity project in Laos. |
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ADB extends 100 mln USD to PNG for port expansion |
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2007/12/21 16:11 (Beijing - China) |
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| The Asian Development Bank (ADB) is providing a 100-million-U.S. dollar loan to expand Lae Port, the largest and most important port in Papua New Guinea (PNG). |
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Huaneng Power Int'l to sell 50m bonds |
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2007/12/21 16:09 (Beijing - China) |
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| Huaneng Power International said Thursday it's been approved for the mainland's biggest bond issue worth 5 billion yuan, after a rule change in June. |
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China's IT services sector nearing "golden era" |
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2007/12/21 16:07 (Beijing - China) |
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| Despite tremendous growth potential in China's IT services, the industry has yet to fully take advantage of the global resources, a recent report has found. |
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Huawei, Symantec win EU approval for joint venture |
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2007/12/21 16:06 (Beijing - China) |
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| China's Huawei Technologies and U.S. security software maker Symantec Corp. won approval from the European Union (EU) on Wednesday to establish a joint venture in China.
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China raises benchmark interest rate for 6th time this year |
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2007/12/21 15:20 (Beijing - China) |
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| China is raising the interest rates for the sixth time this year in a fresh move to cool a red-hot economy expected to expand 11.5 percent for the full year and to battle inflation that has climbed to an 11-year high.
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Prudent policy pledged; social sector to get boost |
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2007/12/21 15:17 (Beijing - China) |
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| The Ministry of Finance has pledged to adopt a prudent fiscal policy to help cool the economy and prevent excessive price rises. |
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Credit controls cool Shanghai real estate |
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2007/12/20 13:54 (Beijing - China) |
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| The once red-hot housing market of Shanghai is losing its luster, as government credit controls begin to bite. |
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Prudent fiscal policy pledged |
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2007/12/20 13:51
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| The Ministry of Finance has pledged to adopt a prudent fiscal policy to help cool the economy and prevent excessive price rises.
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New Zealand becomes world's 17th most expensive country |
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2007/12/20 11:43 (Beijing - China) |
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| New Zealand is the 17th most expensive country in the world, marginally more expensive to live in than Australia, a World Bank study says.
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