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| An outstanding China opportunity |
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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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Singapore Airlines to increase fuel surcharge |
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2007/11/30 10:01 (Beijing - China) |
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| Singapore Airlines (SIA) will increase its fuel surcharge for tickets next week by up to 19 U.S. dollars as a result of higher jet oil prices. |
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HK stocks rebound sharply on interest rate cut expectation |
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2007/11/30 09:57 (Beijing - China) |
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| Strong gains in property companies after U.S. shares jumped overnight on rising hopes of another interest rate cut in December led HK's benchmark index sharply higher .
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Industrial database under way |
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2007/11/30 09:55 (Beijing - China) |
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| The project was launched at the end of last year but is still in the primary stage. |
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China's largest coal-fired power plant starts operation |
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2007/11/30 09:53 (Beijing - China) |
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| China's largest coal-fired power plant, equipped with four 1,000-megawatt generating units, went into operation, sources with the China Huaneng Group told.
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Diamond industry enjoys tax incentives |
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2007/11/30 09:49 (Beijing - China) |
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| A senior official yesterday called for intensified efforts to further develop the diamond industry in China, the world's fifth largest consumer of the precious stone. |
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Ping An of China buys into Fortis |
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2007/11/30 10:03 (Beijing - China) |
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| Chinese insurer Ping An of China announced jointly with Fortis Thursday that it has purchased 4.18 percent of the Belgian company from the stock markets for 1.81 billion euros. |
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China expected to export 50% fewer steel billets next year |
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2007/11/30 09:42 (Beijing - China) |
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| Higher production cost will lower China's export of steel billets by at least 50 percent in 2008. |
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Chinese firm wins tender to build Laotian power station |
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2007/11/30 09:36 (Beijing - China) |
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| CMEC, one of China's major state-owned companies engaged in machinery and equipment foreign trade, has won a tender to act as general contractor of a Laotian Hongsa thermo-power station.
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China plans to build new oil reserve base in southwest |
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2007/11/30 09:34 (Beijing - China) |
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| China will build a new strategic petroleum reserve in Wanzhou, a district in Chongqing Municipality in the southwest, once final approval is obtained from the central government.
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Energy use per unit of GDP decreases 3% |
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2007/11/30 09:32 (Beijing - China) |
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| In what central government officials called a "turning point" in environmental protection, energy use per unit of GDPdropped 3 percent in the first nine months |
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China joins world elite in shipping |
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2007/11/29 13:10 (Beijing - China) |
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| The number of container units handled by mainland ports this year hit 100 million yesterday, highlighting the country's position as a major player in the industry worldwide. |
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Citroen recalls 68 cars for gearbox flaws |
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2007/11/29 13:06 (Beijing - China) |
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| French auto maker PSA Peugeot Citroen is recalling 68 cars sold in China because of gearbox flaws, China's quality watchdog said. |
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Number of exported Chinese toys rebounds |
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2007/11/29 11:56 (Beijing - China) |
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| Customs authorities in Guangdong Province, a major base for the toy-making industry in southern China, said demand for exported toys has rebounded despite a spate of recall dramas earlier this year.
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China uncovers 6 price manipulation cases amid oil shortages |
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2007/11/29 11:52 (Beijing - China) |
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| China's top economic planning agency said on Wednesday that it has uncovered six diesel price manipulation cases in a nationwide inspection. |
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Chinese steelmakers urge rationalization to meet int'l competition |
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2007/11/29 11:49 (Beijing - China) |
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| China's Iron and Steel Association (CISA) has urged the State Council to rationalize the industry around the top four manufacturers in hopes of developing world-scale companies.
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China's SUV sales up almost 59% in first 10 months of 2007 |
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2007/11/29 11:34 (Beijing - China) |
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| The number of sport utility vehicles (SUVs) sold in China rose 58.6 percent year-on-year in the first 10 months of 2007. |
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Chinese mainland's annual container throughput exceeds 100 mln units |
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2007/11/29 11:28 (Beijing - China) |
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| The annual container throughput on the Chinese mainland is set to exceed 100 million twenty-foot equivalent units (TEUs) as of 2007. |
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More opportunities await EU businesses in China |
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2007/11/29 11:24 (Beijing - China) |
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| European businesses will find themselves with more opportunities in the Chinese market in the coming decade, Chinese Premier Wen Jiabao said. |
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Premier Wen : China aims at overall trade balance |
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2007/11/29 11:23 (Beijing - China) |
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| China is not intentionally pursuing a trade surplus but is aiming for an overall balance of trade, Chinese Premier Wen Jiabao on Wednesday told a China-EU Business Summit.
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China resumes grilled eel exports to Japan after suspension |
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2007/11/29 11:21 (Beijing - China) |
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| China has resumed exports of grilled eels to Japan after a four-month suspension triggered by reports saying banned drugs had been found in the products.
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