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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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Hubei gets first foreign rural lender |
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2007/12/14 11:11 (Beijing - China) |
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| Europe's biggest bank HSBC opened a wholly owned subsidiary in rural China yesterday, the first foreign lender to do so. |
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World economy faces greater risks |
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2007/12/14 11:02 (Beijing - China) |
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| The world economy has maintained rapid growth in 2007 but will face greater risks in the coming year, according to analysis of the latest World Economic Outlook from IMF. |
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Report sees integration of EU financial markets still uneven |
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2007/12/14 10:59 (Beijing - China) |
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| Integration of financial markets across the European Union (EU) remained uneven though progress was made. |
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HSBC ventures into China's rural market |
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2007/12/14 10:52 (Beijing - China) |
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| A rural bank established by the HSBC opened for business on Thursday, marking the first entry by an overseas bank into a rural area of China. |
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China, U.S. sign first MOU addressing illegal logging, timber trade |
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2007/12/14 10:42 (Beijing - China) |
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| China and the United States agreed to work together to combat illegal logging and the associated wood trade in order to promote sustainable forest management. |
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China's industrial output growth slows to 17.3% in November |
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2007/12/14 10:35 (Beijing - China) |
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| Industrial output at Chinese companies with annual revenue of at least 5 million yuan (679,349 U.S. dollars) increased at an annual rate of 17.3 percent in November. |
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China Pacific Insurance may raise $4 bln from Shanghai IPO |
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2007/12/14 10:26 (Beijing - China) |
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| China Pacific Insurance (Group) Co. Ltd, one of the country's top insurers, could net up to 30 billion yuan (4.08 billion U.S. dollars) from its IPO. |
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China's 1st hybrid-power sedan rolls off production line |
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2007/12/14 10:21 (Beijing - China) |
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| China's first self-produced hybrid-power sedan, the Jiexun-HEV, rolled off the production line on Thursday at a Chang'an Automobile plant in Chongqing. |
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China agrees to open up financial service industry to foreign companies |
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2007/12/14 10:16 (Beijing - China) |
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| China and the United States have agreed upon specific steps for foreign companies to enter China's financial service industry following two-day high-level economic dialogues. |
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Bio-pirates 'looting' resources |
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2007/12/14 10:10 (Beijing - China) |
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| China remains vulnerable to bio-pirates who plunder its biological resources such as plants, animals and their genetic material. |
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Sudan urged to protect Chinese nationals, firms |
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2007/12/14 10:09 (Beijing - China) |
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| China has urged Sudan to take effective steps to protect Chinese nationals and organizations in that country following the recent attack on an oilfield that Beijing is involved in. |
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Backup airports ready for Games |
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2007/12/14 10:04 (Beijing - China) |
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| The authorities are busy renovating terminals, lengthening runways and improving services at several airports near Beijing to prepare them to serve as standbys during next year's Olympics. |
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More logging on to Internet banking |
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2007/12/14 10:01 (Beijing - China) |
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| A man starts internet banking service in Yichang, Hubei Province in this August 3 file photo. A report from the China Financial Certification Authority showed the business has enormous growth potential in China. |
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Foreign investment up 14% |
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2007/12/14 09:59 (Beijing - China) |
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| The nation received $61.67 billion of foreign capital for the first 11 months this year, up 13.66 percent compared with the same period last year. |
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China studying new interest hike option: Zhou |
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2007/12/14 09:55 (Beijing - China) |
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| China is currently studying the option of another possible interest hike as its next move to further tighten monetary policy. |
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Economic planner approves energy PE fund |
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2007/12/14 09:50 (Beijing - China) |
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| The National Development and Reform Commission has given the go-ahead for the 10-billion yuan ($1.36 billion) Guangdong Nuclear Power and New Energy Industrial Investment Fund, a private equity (PE) fund. |
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Made-in-China products shine in Cuba |
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2007/12/14 09:47 (Beijing - China) |
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| Bilateral trade between Cuba and China continued to witness a noticeable increase, and more made-in-China products have become a part of Cuban people's daily life.
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Third China-U.S. SED concludes with "complete success" |
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2007/12/14 09:33 (Beijing - China) |
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| The Third China-U.S. Strategic Economic Dialogue (SED) which concluded at noon Thursday was a "complete success," said Chinese Vice Premier Wu Yi.
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China firms welcome to U.S. VEU plan |
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2007/12/14 09:30 (Beijing - China) |
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| The United States welcomes Chinese companies to apply for the Validated End-User program which simplifies the licensing process for exports of certain sensitive products. |
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China Film Corp.: no ban on U.S. movies |
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2007/12/14 09:28 (Beijing - China) |
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| The China Film Group Corporation denied a New York Times report that alleged China had stopped granting permission to U.S. films to be screened in cinemas on the mainland.
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