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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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China acts "responsibly" in its currency reform |
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2007/12/11 15:49 (Beijing - China) |
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| China has reformed its foreign exchange regime with utmost responsibility, and further reforms will be pursued in accordance with evolving national and international conditions. |
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Chinese yuan hits new high against U.S. dollar |
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2007/12/11 15:48 (Beijing - China) |
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| China's currency, the yuan, hit a new high against the U.S. dollar on Tuesday to break the 7.38 mark. |
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China's CPI up 6.9% in November |
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2007/12/11 15:47 (Beijing - China) |
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| China's consumer price index (CPI) jumped 6.9 percent in November over the same month last year due to food price increases. |
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Hong Kong stocks lower following mainland tightening move |
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2007/12/11 15:45 (Beijing - China) |
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| Shares on the Hong Kong stock exchange edged higher in the morning despite a hike announced over the weekend by the Chinese mainland central bank in required reserves. |
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GM reveals $5b China vision |
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2007/12/11 09:59 (Beijing - China) |
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| General Motors Corp, the world's largest automaker, plans to invest as much as $5 billion in China over the next five years to expand its share of the world's fastest-growing major car market. |
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China's first insurance company to go public |
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2007/12/11 09:55 (Beijing - China) |
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| After postponing CPIC plan to go public for eight years, is now approaching the A-share market. |
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Innovative technology co-op to be stepped up |
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2007/12/11 09:51 (Beijing - China) |
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| China will strengthen innovative technological cooperation with foreign countries for mutual benefit. |
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Tighter policy curbs yuan loan growth |
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2007/12/11 09:50 (Beijing - China) |
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| Yuan lending by Chinese banks slowed in November under tightening measures designed to rein in growth.
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EU approves macro-financial aid to Lebanon |
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2007/12/11 09:47 (Beijing - China) |
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| The EU Council of Ministers agreed on Monday to provide 80 million euros (114 million U.S. dollars) in macro-financial aid to Lebanon.
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China-Myanmar border trade fair to promote bilateral trade |
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2007/12/11 09:36 (Beijing - China) |
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| A China-Myanmar border trade fair will be opened in a Chinese border town Yunnan province linking Myanmar's Muse in Shan state aimed at promoting the bilateral trade between the two countries.
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Coca-Cola signs on as 2010 Shanghai World Expo global partner |
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2007/12/11 09:34 (Beijing - China) |
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| The Coca-Cola Company has signed on to become the seventh global partner for the 2010 World Expo in the China's economic hub Shanghai.
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China triples QFII quota ahead of key meetings with U.S. officials |
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2007/12/11 09:33 (Beijing - China) |
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| China has underscored its intention to open up the country's financial markets by tripling the investment quota of qualified foreign institutional investors (QFII) from 10 billion U.S. dollars to 30 billion dollars.
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Minister: Trade bills 'may harm' Sino-U.S. ties |
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2007/12/11 09:30 (Beijing - China) |
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| Finance Minister warned of a "rising trend of trade protectionism in the United States" that may do "serious harm" to Sino-US economic and trade ties.
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Trade issues 'should be resolved' by negotiations |
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2007/12/11 09:28 (Beijing - China) |
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| A top Chinese commerce official Sunday urged China and the United States to resolve frictions and disputes in bilateral trade through dialogue on "an equal footing" and not to "politicize" them. |
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China targets key areas for further reforms in 2008 |
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2007/12/11 09:25 (Beijing - China) |
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| China's top economic planner would step up reforms in key areas such as the economic system, investment regulation and supervision, resource products pricing and national healthcare.
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Large Chinese enterprises move to use copyrighted software |
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2007/12/11 09:23 (Beijing - China) |
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| More than 1,500 large Chinese enterprises have installed copyrighted software since April 2006。 |
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Lenovo not renewing Olympic contract |
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2007/12/07 10:20 (Beijing - China) |
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| Lenovo Group, the only worldwide Olympic partner from China, said it will not renew its sponsorship contract with the International Olympic Committee. |
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GE recalls combo microwave, conventional oven |
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2007/12/07 10:15 (Beijing - China) |
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| The possible danger of an overheating door switch led General Electric to announce a recall of combination microwave and conventional wall ovens.
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China to subsidize oil firms to ease shortage |
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2007/12/07 10:13 (Beijing - China) |
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| China will offer subsidies to domestic oil companies to offset high international oil prices amid efforts to ensure market supplies, the nation's top economic planning agency said. |
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Crude prices rise above 90 dollars |
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2007/12/07 10:10 (Beijing - China) |
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| Crude prices rose above 90 dollars a barrel Thursday on the weak U.S. dollar and the Organization of Petroleum Exporting Countries' output rollover. |
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