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Industries

Chinese Fragmented steel sector to see production cutbacks

Chinese Fragmented steel sector to see production cutbacks »

A worker checks product quality at a steel plant in Panzhihua, Sichuan province. By forcing steel mills to join hands, the Chinese government hopes they will be stronger force in talks with ...

June 19 2010 / No comment / Read More »
Steelmakers may cut production on weak demand

Steelmakers may cut production on weak demand »

Chinese steelmakers are likely to cut production in the third quarter because of “weak” demand from auto and appliance makers, according to the nation’s second-biggest mill. Customs inspectors collect iron ore samples imported from Iran in...

June 10 2010 / No comment / Read More »

Companies

China Southern Airlines Company to join SkyTeam »

China Southern Airlines Company to join SkyTeam

A worker loads cargo at Fuzhou Changle International Airport in Fujian province. In spite of having the largest aircraft fleet among mainland carriers, China...

Jun 10 2010 / No comment / Read More »

China is providing a lifeline for the world’s leading architecture firms »

China is providing a lifeline for the world’s leading architecture firms

China’s construction boom is providing a lifeline for the world’s leading architecture firms, which have been hit hard by the economic crisis. A model of...

Jun 10 2010 / No comment / Read More »

American Eagle to open stores in Shanghai,Hong Kong »

American Eagle to open stores in Shanghai,Hong Kong

American Eagle Outfitters Inc, the teen retailer with more than 1,000 stores in North America, will open stores in China starting next year through...

Jun 10 2010 / No comment / Read More »

Chinese drug firm readies for Pfizer unit takeover »

Chinese drug firm readies for Pfizer unit takeover

HARBIN – Harbin Pharmaceutical Group (HPG), the Chinese buyer of Pfizer’s swine vaccine unit, is preparing workshops and technicians to take over...

Jun 10 2010 / No comment / Read More »

Economy

China’s home prices rise 12.4% in May »

China’s home prices rise 12.4% in May

BEIJING: Home prices in 70 large and medium-sized Chinese cities rose by 12.4 percent year-on-year in May, the National Bureau of Statistics (NBS) said in a statement Thursday. The growth rate was 0.4 percentage points lower than that of April, as property sales in first-tier cities,...

Jun 10 2010 / No comment / Read More »

China signs 3.5b yuan currency swap agreement with Iceland »

China signs 3.5b yuan currency swap agreement with Iceland

China’s central bank has signed a bilateral currency swap agreement totaling 3.5 billion yuan ($513 million) with the Central Bank of Iceland. The agreement has a three-year maturity and can be extended if both sides agree, according to the statement posted on the People’s Bank of...

Jun 10 2010 / No comment / Read More »

Mainland, Taiwan to hold 3rd talks on economic pact »

Mainland, Taiwan to hold 3rd talks on economic pact

The Chinese mainland and Taiwan have decided to hold  third round of expert-level talks on Sunday, to pave the way for a long-awaited economic and trade pact that is expected to boost cross-Strait trade. Experts from both sides will discuss the framework and the clauses of...

Jun 10 2010 / No comment / Read More »

Money

China to sell 28b yuan of 30-year T-bonds »

China to sell 28b yuan of 30-year T-bondsChina’s Ministry of Finance (MOF) said Friday it will sell 28 billion yuan ($4.1 billion) of 30-year book-entry Treasury bonds next week. The bonds...

Jun 19 2010 / No comment / Read More »
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Finance

China Approves 2nd Batch of Brokerages for Margin Trading

China Approves 2nd Batch of Brokerages for Margin Trading

June 9, The China Securities Regulatory Commission (CSRC), the country’s securities watchdog, has added five securities companies to a pilot scheme for margin trading and short selling. Shenyin & Wanguo Securities Co....

Jun 10, 2010 / More »

Markets

China’s Stocks rise on surging exports

China’s Stocks rise on surging exports

Volume up about 50 percent from a year earlier, new loans hit $92b SHANGHAI – China’s stocks rose the most in more than two weeks as Reuters reported a surge in the...

Jun 10, 2010 / More »

Breaking News

HSBC to Fully Subscribe to BoCom Rights Issue

HSBC to Fully Subscribe to BoCom Rights Issue

June 8, HSBC (0005.HK, LSE:HSBA), through its wholly owned subsidiary The Hong Kong and Shanghai Banking Corp. Ltd., has pledged HK$7.18 billion to subscribe for its full entitlement of H-shares in the planned...

Jun 8, 2010 / More »

Companies

China Southern Airlines Company to join SkyTeam

China Southern Airlines Company to join SkyTeam

A worker loads cargo at Fuzhou Changle International Airport in Fujian province. In spite of having the largest aircraft fleet among mainland carriers, China Southern is the least competitive in the cargo market....

Jun 10, 2010 / More »

Real Estate

Premier sales team hopes to rebuild real estate industry

Premier sales team hopes to rebuild real estate industry

An exclusive real estate agency is promoting an even more exclusive sales team following its official launch on Tuesday. The agency – which deals in top-end properties, affordable only by the...

Jun 10, 2010 / More »

Steel

Chinese Fragmented steel sector to see production cutbacks

Chinese Fragmented steel sector to see production cutbacks

A worker checks product quality at a steel plant in Panzhihua, Sichuan province. By forcing steel mills to join hands, the Chinese government hopes they will be stronger force in talks...

Jun 19, 2010 / More »

Money

China to sell 28b yuan of 30-year T-bonds

China to sell 28b yuan of 30-year T-bonds

China’s Ministry of Finance (MOF) said Friday it will sell 28 billion yuan ($4.1 billion) of 30-year book-entry Treasury bonds next week. The bonds will pay a fixed annual interest rate...

Jun 19, 2010 / More »

Statistics & Report

China’s FDI grows 27.48% in May

China’s FDI grows 27.48% in May

The amount of foreign direct investment (FDI) into China in May rose by 27.48 percent year-on-year to $8.13 billion, said Yao Jian, spokesman of the Ministry of Commerce (MOC), Saturday. The...

Jun 19, 2010 / More »
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