Provides Daily China Business News for business people with interests in China. Biz China Update - News, Reports http://www.bizchina-update.com Mon, 12 May 2008 11:33:23 +0100 FeedCreator 1.7.2 http://www.bizchina-update.com/content/view/837/2/ China is considering purchasing farmland abroad in an attempt to guarantee food security at home. A draft proposal by the Ministry of Agriculture would make supporting offshore land acquisition a central government policy, the FT reports - and outsource some of the production of foodstuffs for the home market. News - News May 2008 Mon, 12 May 2008 11:15:46 +0100 http://www.bizchina-update.com/content/view/836/2/ China Starts Building Jumbo Jets China unveiled its first jumbo jet aircraft company on Sunday in Shanghai. The Commercial Aircraft Corporation (CACC) will build large China-made passenger aircraft, and has received an initial financial injection of RMB19 bn, state media reports. The Shanghai Municipal Government will pay one-third of... News - News May 2008 Mon, 12 May 2008 11:11:54 +0100 http://www.bizchina-update.com/content/view/833/81/ The following official statistics were published this week: - In 2007, China's direct foreign investment reached USD83.5 bn. - China's total use of foreign investment exceeded USD760 bn, from 1987 to 2007. - In the last 30 years, more than 470 of the global Fortune 500 companies have invested in China. - China Development Bank... Statistics - Statistics 2008 Sun, 11 May 2008 08:33:16 +0100 http://www.bizchina-update.com/content/view/832/2/ China will receive 163 million annual inbound visitor arrivals within the next three years, according to a new travel industry report by the Pacific Asia Travel Association (PATA). News - News May 2008 Sun, 11 May 2008 08:21:11 +0100 http://www.bizchina-update.com/content/view/829/2/ Yum! Restaurants Group, best known for its Pizza Hut and KFC outlets, is aiming an expansion of 425 new chain restaurants which will be cooking up Chinese breakfasts. News - News May 2008 Sat, 10 May 2008 07:52:11 +0100