| Business Opportunity |
| An outstanding China opportunity |
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Market Updates |
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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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China's oil giant teams with Chevron to develop gas field |
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2007/12/19 10:04 (Beijing - China) |
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| CNPC, the country's biggest oil and gas producer, signed a 30-year contract Tuesday with U.S. Chevron Corp. to jointly develop a large gas field in southwest China's Sichuan province. |
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Medtronic buys stake in Chinese Weigao |
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2007/12/19 09:55 (Beijing - China) |
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| Medtronic, Inc. and Shandong Weigao Group Medical Polymer Company Limited announced that they have agreed to form a joint venture to market therapies in the spine and orthopedics sector and that Medtronic would acquire a 15 percent equity interest in Weigao. |
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China to help 50 inland cities attract processing trade from coastal east |
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2007/12/19 09:38 (Beijing - China) |
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| China will select 50 cities in its middle and western inland to help them, with favorable tax and industrial policies, attract processing trade relocated from the coastal east. |
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Heavy taxes hamper Chinese private business |
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2007/12/19 09:32 (Beijing - China) |
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| Heavy taxation has become a major factor that hampers private enterprises' expansion, according to a survey by the China National Democratic Construction Association (CNDCA). |
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Renault recalls over 10,000 cars in Brazil |
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2007/12/18 11:19 (Beijing - China) |
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| French automaker Renault announced on Monday it would recall more than 10,000 cars in six models of Logan sedans in Brazil because of faulty axial ball joints.
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Microsoft sued for copyright violation in Philippines |
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2007/12/18 10:18 (Beijing - China) |
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| A Philippine college on Monday accused global software giant Microsoft Corp. of allegedly reproducing the school's copyrighted materials without consent. |
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ADB provides $100 mln loan to improve China's railway system |
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2007/12/18 10:02
(Beijing - China) |
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| The Asian Development Bank (ADB) is providing a 100 million U.S. dollars loan to help develop an efficient and effective emergency management system for China's railway system. |
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Nepal, China sign highway construction contract |
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2007/12/18 10:00 (Beijing - China) |
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| The Nepali government and China's Tibet Hongji Construction Industrial Group signed an agreement on implementation of the Chinese assisted project of Syafrubesi-Rasuwagadhi Highway in Nepal.
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Sinotruk secures overseas order for 10,000 heavy trucks for 2008 |
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2007/12/18 09:57 (Beijing - China) |
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| Sinotruk (3808, HK), China's largest heavy duty truck manufacturer, has secured a combined order for 10,000 heavy trucks from Russia and Vietnam.
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500 top innovative firms to add to nation's competitive edge |
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2007/12/17 11:34 (Beijing - China) |
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| The country will have 500 top innovative firms by the end of next year, sharpening its competitive edge in the international market. |
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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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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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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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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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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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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 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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