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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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Air New Zealand to fly direct to Beijing for Olympics gold |
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2007/12/17 11:10 (Beijing - China) |
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| Air New Zealand, tapping the burgeoning Chinese tourist market, and strong interest by New Zealanders in the Olympic Games in Beijing next year. |
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Nepali petroleum dealers to be on nationwide strike |
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2007/12/17 11:04 (Beijing - China) |
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| Putting forth a 17-point demand, NPDA warned that all dealers across the country would close down operations from December 25 as part of the protest. |
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UAE telecom company to launch in-flight mobile services |
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2007/12/17 11:01 (Beijing - China) |
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| Du, a telecom company of the United Arab Emirates (UAE), will launch in-flight mobile services for its mobile users from early 2008. |
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Indonesia takes actions to deal with oil woes |
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2007/12/17 10:55 (Beijing - China) |
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| Indonesia is Southeast Asia's only OPEC member but falling oil production and surging imports make it vulnerable to global oil shocks as non-oil exporting countries. |
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Philippine economy grows fast amid political noises |
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2007/12/17 10:45 (Beijing - China) |
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| Despite endless "political noises" haunting the country, the Philippines is getting a higher-than-expected economic growth in 2007.
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China to raise pension fund as of Jan. |
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2007/12/17 10:38 (Beijing - China) |
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| China's Ministry of Labor and Social Security announced Friday that pension fund for retirees of enterprises will be increased starting Jan. 1 next year. |
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Report: electricity coal prices set to hike further |
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2007/12/17 10:34 (Beijing - China) |
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| The negotiated price of electricity coal in China has seen an increase of around 10 percent at a meeting. |
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U.S. architecture, engineering tycoon acquires Chinese CityMark |
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2007/12/17 10:29 (Beijing - China) |
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China's Baosteel, Hansteel launch $2.6-bln-joint venture |
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2007/12/17 10:26 (Beijing - China) |
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| Baosteel Group, China's largest steel maker, has launched a 19.4-billion-yuan (2.6 billion U.S. dollars) joint venture with Hansteel Group.
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Biofuel venture reaps growing benefits from "diesel tree" |
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2007/12/17 10:21 (Beijing - China) |
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| A Chinese energy company in the southwest province of Guizhou is awaiting its first harvest of more than 13,500 hectares of a "diesel tree". |
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HSBC to acquire local bank in Taiwan for expanded presence |
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2007/12/17 10:18 (Beijing - China) |
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| The British banking giant HSBC announced Friday it has succeeded in bidding for the Chinese Bank, a local bank in China's Taiwan, with gross assets totaling 3.1 billion U.S. dollars. |
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China Film Group issues 500-million-yuan bond to finance digital movie production |
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2007/12/17 10:15 (Beijing - China) |
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| China Film Group Corporation (CFGC), China's largest state-owned movie producer and distributor, issued 500 million yuan (67.56 million U.S. dollars) worth of bond here.
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Sinopec expects much smaller gov't subsidy this year |
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2007/12/17 10:10 (Beijing - China) |
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| Sinopec, the country's largest oil refiner, said it believed it would not receive a large subsidy this year from the government. |
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Great potential for Chinese cars in Egypt, North Africa |
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2007/12/17 10:00 (Beijing - China) |
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| Nowadays it's not strange if a Chinese car passes by in the streets of the Egyptian capital Cairo, where the automobile market has traditionally been dominated by European countries and Asia's Japan and South Korea. |
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GOME takes over management of major rival |
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2007/12/17 09:51 (Beijing - China) |
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| GOME Electrical Appliances has strengthened its dominance in key Chinese market after taking over the management of its major rival Dazhong Electrical Appliances.
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HK Financial Secretary: HK top platform for Indian businesses |
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2007/12/17 09:43 (Beijing - China) |
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| Hong Kong Financial Secretary John Tsang has told Indian business people Hong Kong is a good platform for them to do business on the Mainland. |
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Car exports boost Chinese goods image in Venezuela |
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2007/12/17 09:40 (Beijing - China) |
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| In recent years, the Chinese automobile industry has emerged in the annual Caracas "Autoshow." Chinese businesses did extremely well in the 2006 and 2007 automobile expos. |
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China rejects accusation of "exporting inflation" |
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2007/12/17 09:34 (Beijing - China) |
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| Chinese enterprises are helping to ease global inflation by raising production efficiency, the country's top economic planner said in a press statement. |
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China becomes second biggest exporter to Brazil |
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2007/12/17 09:34 (Beijing - China) |
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| China has become the second largest exporter to Brazil, trailing the United States, amid growing trade ties between China and Latin American countries. |
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Calls for single anti-monopoly agency |
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2007/12/14 11:34 (Beijing - China) |
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| A unified and independent agency is needed to ensure the successful implementation of the Anti-Monopoly Law, which is scheduled to come into effect next August, experts have said. |
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