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1. Currency Rates on 8 January, 2009
(Currency Rates/Chinese Exchange Rates)
    American Dollar    0.146312   6.83469    Argentine Peso    0.519058   
Thursday, 08 January 2009

...es stood at USD23.3 bn of which 75 per cent came from overseas markets, Chairwoman Sun Yafang said. For 2009, Sun expects sales to rise to USD30 bn despite the global economic slowdown.   ...
Thursday, 08 January 2009

3. Swimmer Phelps Lands More China Gold
(News/News January 2009)
...clusively endorse the new Mazda 6 model. The TV and print promotional campaign will be unveiled by mid-2009. Phelps will also return to China to make personal appearances on behalf of Mazda. ...
Wednesday, 07 January 2009

4. Fiscal Revenue Growth Drops in 2008
(News/News January 2009)
...h amid the global financial crisis," Xie said. He added that the downward trend would continue in 2009, making it "a difficult fiscal year" marked by falling revenue growth and surging...
Tuesday, 06 January 2009

The Bookworm Cafe, which has branches in Beijing, Suzhou and Chengdu, has revealed a preview of its 2009 International Literary Festival, which takes place between 6 and 20 March. This year’s fe
Monday, 05 January 2009

...le another Chinese dairy giant Yili could face a loss of RMB2.3 bn. Hong Kong Pessimistic About 2009 Hong Kong residents are “more gloomy about the prospects for 2009 than anyone else...
Sunday, 04 January 2009

Hong Kong Pessimistic About 2009 Hong Kong residents are “more gloomy about the prospects for 2009 than anyone else in the world,” Trading Markets reports. According to a worldwide surve
Saturday, 03 January 2009

8. Biz China Update Wishes A Happy 2009
(News/News January 2009)
We would like to wish a very Happy New Year 2009 to all our BizChinaUpdate readers. In 2008, BizChina-Update.com was accessed from 139 countries worldwide – and we would like to thank you all fo
Friday, 02 January 2009

...s made by a Channel 8 TV fundraiser. Singapore will be offered 3,000 square metres of free space at the 2009 Western China International Economy & Trade Fair in Sichuan as recognition of its earth...
Thursday, 01 January 2009

... months will be very hard while the additionally government projects are finalised, the second half of 2009 will most probably see stable prices due to the extra money being injected into the econo...
Wednesday, 31 December 2008

11. January & February Listings of Trade Shows in China
(Calendar & Archive Events/Events and Tradeshows 2008)
...te to energy, here are some of the largest trade shows being held in China during January and February 2009.   FUR FAIR CHINA China Fur & Leather Products Fair ...
Wednesday, 31 December 2008

12. Bird’s Nest to Host Italian Super Cup
(News/News December 2008)
The 2009/10 Italian football season curtain opener, the Super Cup, will be played at Beijing’s Bird’s Nest National Stadium.   Contested by the winners of the Serie A league
Monday, 29 December 2008

13. 2008: The Year That Did Not Go To Plan
(News/News December 2008)
...rld. A damaging combination of natural disaster and global economic factors, however, means China faces 2009 full of trepidation.   The year began with severe winter weather across China...
Sunday, 28 December 2008

Advertisers Cut Budgets in 2009 Three out of four Chinese advertising companies will reduce their budgets in 2009, a survey by iResearch has revealed. Some 60 per cent of the 305 surveyed advertiser
Saturday, 27 December 2008

... new survey shows that China's car producers are considering cutting salaries and laying off workers in 2009 as a result of the economic downturn, state media reports.   More than 71 per...
Tuesday, 23 December 2008

16. Hotel Industry Faces a Grim Start to 2009
(News/News December 2008)
...look is not good. The Chinese lunar New Year can fall any time between late January and late March. In 2009, the Chinese national holiday begins in the last week of January – just 24 days aft...
Sunday, 21 December 2008

17. Weekly China Statistics Update
(News/News December 2008)
...ss, says Ting Lu of Merrill Lynch. He orecasts a 1.2 percentage growth, and deflation during February 2009. - State owned enterprises are expected to post a cumulative profit of RMB800m, the S...
Sunday, 21 December 2008

HK: Exports Will Fall 6 Per Cent Hong Kong's exports will fall 6 per cent by value in 2009, Forbes reports. This would be the first decline since 2001, mostly due to a sharp fall in demand from th
Sunday, 21 December 2008

...based e-commerce group Alibaba will invest RMB300m to develop its online search engine Yahoo Koubei in 2009, state media reports. The engine will be launched on a website along with information abou...
Sunday, 21 December 2008

20. Lenovo Signs Formula 1 Sponsorship Deal
(News/News December 2008)
The British-based McLaren Formula One racing team has agreed a 2009 sponsorship deal with computer firm Lenovo.   The Chinese company will provide McLaren with notebook and desktop PCs
Saturday, 20 December 2008

21. RBS Predicts 5 Per Cent 2009 China Growth
(News/News December 2008)
Following a recent downward trend in predictions, China's economic growth in 2009 could be as low as five per cent, the Royal Bank of Scotland and the International Monetary Fund said this week. &n
Saturday, 20 December 2008

22. GM & SAIC Open New Plant
(News/News December 2008)
...aker, GM's new plant will be able to produce 150,000 units a year, starting from the second quarter of 2009. GM's current capacity in China is around one million units. In the first six months ...
Thursday, 18 December 2008

...   HK: Exports Will Fall 6 Per Cent Hong Kong's exports will fall 6 per cent by value in 2009, Forbes reports. This would be the first decline since 2001, mostly due to a sharp fall i...
Wednesday, 17 December 2008

...-based e-commerce group Alibaba will invest RMB300m to develop its online search engine Yahoo Koubei in 2009, state media reports. The engine will be launched on a website along with information about...
Monday, 15 December 2008

China’s growing, and very public, concerns about the state of its economy for 2009 became even more apparent yesterday, as the nation’s top banking chief said that anything less that eight
Sunday, 14 December 2008

26. Weekly China Statistics Update
(Statistics/ Statistics 2008)
...quot; state media quotes a senior lawmaker. Some 24 million people will compete for 12 million jobs in 2009, the Ministry of Human Resources and Social Security said. China's current unemployment ra...
Sunday, 14 December 2008

... Amway Expands in China Direct selling company Amway will invest USD15m in the Chinese market in 2009, state media quotes head Douglas L. Devos. The money will be used to expand Amway's develo...
Sunday, 14 December 2008

Bank of China Pledges RMB300m In Loans The Bank of China has pledged more than RMB300m in loans for 2009 to support projects included in the Chinese government's economic stimulus package. The fun
Sunday, 14 December 2008

29. China Faces "Worse-Than-Expected" Risks
(News/News December 2008)
... investment programmes. The government is aiming for a minimum growth rate of eight per cent for 2009, a number that is contended by both Chinese and foreign economists. And Zhang says China ...
Sunday, 14 December 2008

...a dramatic downturn in IPO activity. “However, there are expectations that this will pick up in 2009 and a number of banks have signalled their desire to go public,” KPMG says. These in...
Saturday, 13 December 2008

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