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Market Updates

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

Price of crude sets record, oil company profits down?
2007/10/16 14:58 (Beijing - China)
The price of a barrel of crude oil set a record last week -- just over 84 U.S. dollars -- and that's hurting the profits of America's three largest oil companies as several refiners warned their third-quarter would not be as strong as once forecast, according to analysts.
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China's largest trade fair kicks off 102nd session
2007/10/16 14:52 (Beijing - China)
China's largest international trade fair opened in Guangzhou on Monday, with organizers expecting an increase in the number of exhibiters from overseas.
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Bank reserves raised in bid to curb lending
2007/10/16 14:52 (Beijing - China)
China's central bank has raised reserve requirements for commercial lenders for the eighth time this year in a continuing effort to mop up liquidity and curb loan growth.
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Banking authorities define "second home"
2007/10/16 14:52 (Beijing - China)
China banking authorities have fixed three basic criteria defining the "second home" as a guideline for commercial banks to raise the down payment for second-home buyers.
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Green makers see growth opportunities
2007/10/15 10:05 (Beijing - China)
Chen Shuling saw huge business opportunities when she greeted a large number of customers at the ongoing 5th China Agricultural Trade Fair.
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Investors seek safety in QDII funds
2007/10/15 10:19 (Beijing - China)
An old Chinese saying goes something like this: A wise man thinks of crisis in times of prosperity.
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Inflation can be tamed - experts
2007/10/15 10:41 (Beijing - China)
The strong economy will not spiral out of control as the authorities may tighten controls even more to keep it on track, economists have forecast.
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Work needed to bridge wealth gap
2007/10/15 10:40 (Beijing - China)
The motto of CPC is to earn "happiness and benefit" for all Chinese people through every means possible.
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Analysts: Agricultural machinery in great demand in China
2007/10/15 10:03 (Beijing - China)
Industry insiders say China has a vast demand for large and medium tractors and many other types of agricultural machinery as the country moves to modernize its agriculture.
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More insurance funds allowed into equity markets
2007/10/10 13:15 (Beijing - China)
China's insurance regulator has given go-ahead to another seven small and medium-sized insurance companies to invest through trust services in the country's bullish stock markets.
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China posts wheat, corn, rice, cotton import tariff quotas for next year
2007/10/10 13:15 (Beijing - China)
China is to maintain this year's import tariff quotas for wheat, corn, rice and cotton next year, the National Development and Reform Commission (NDRC) said here on Tuesday.
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China's largest coal producer shares jump on Shanghai debut
2007/10/10 13:15 (Beijing - China)
China Shenhua Group, the nation's largest coal producer, made a strong debut on Tuesday on the Shanghai Stock Exchange as its shares jumped 87.35 percent from its initial public offering (IPO) price to close at 69.3 yuan.
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Beijing court hears first case involving new Property Law
2007/10/10 13:14 (Beijing - China)
Beijing's first case concerning China's landmark Property Law was put before the courts on Monday, a week after the law came into effect.
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China steps up efforts to promote troubled dairy industry
2007/10/09 17:37 (Beijing - China)
China's top economic planner on Monday urged local governments to implement new measures to support dairy farmers by the end of the year.
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Bank card transactions hit new high in "Golden Week" in China
2007/10/09 17:36 (Beijing - China)
China's bank card transactions hit 58.7 billion yuan (7.82 billion U.S. dollars) during the weeklong National Day holiday, up 73.8 percent over the same period last year, according to figures released on Monday by China Unionpay (CUP).
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Minsheng Bank to buy up to 20% of US bank
2007/10/09 17:34 (Beijing - China)
China Minsheng Banking Corp, the country's 7th-largest bank by market value, will buy up to 20 percent of UCBH Holdings Inc - the biggest bank serving the Chinese community in the United States.
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Authorities tighten control of medication
2007/10/09 17:32 (Beijing - China)
China's top food and drug watchdog has tightened its control over narcotic and psychotropic drugs in a bid to safeguard public health and social security, an official said Monday.
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Foreigners to face employment restrictions
2007/10/09 17:31 (Beijing - China)
South China's Guangdong Province is drafting a regulation to restrict the employment of foreigners and to ban them from certain jobs.
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Chinese exporters adapt to the rising yuan
2007/10/09 17:27 (Beijing - China)
Looking at China's snowballing trade surplus since its exchange rate reform in July 2005, one might think the appreciation of the Chinese currency yuan, also known as renminbi (RMB), had gone largely unnoticed by the country's exporters.
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China UnionPay cooperates with Malaysian bank
2007/09/28 11:36 (Beijing - China)
China UnionPay (CUP) signed an agreement Thursday with Maybank, the largest commercial bank in Malaysia, to enable CUP card-holders benefit from cashless payments at Maybank's extensive merchant base in Malaysia.
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