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...ment would require RMB9 bn, of which Sinopec Shanghai can finance RMB3 bn and would have to apply for bank loans for the remainder. The company said it has to cut jobs and spin off non-productiv...
Friday, 25 July 2008

...ernational organisations have signed up to attend the event. The Expo features five pavilions: "Urbanian," "City as a Form of Life," "Urban Planet," "Urban Future&qu...
Friday, 25 July 2008

...as been marred by delays and faces rising doubts over whether it will be a model for China's rapid urbanization, or just a posh community for wealthy commuters eager to flee the smog and traffic of ...
Friday, 25 July 2008

RBS and Lenovo Buy Into Suzhou Trust The Royal Bank of Scotland and Lenovo's Legend Holdings have acquired a combined 29.99 per cent stake in Suzhou Trust, state media reports. RBS paid RMB117.9m fo
Tuesday, 22 July 2008

It's not easy to stay cool in China. Scorching summer temperatures are taking hold of the urbanised east coast, sending the mercury soaring. High-energy usage in the largest cities is also threatening
Sunday, 20 July 2008

Bank of China Ltd may reportedly own USD20 bn of debt given by Fannie Mae and Freddie Mac, investments amounting to approximately 2.6 per cent of all assets of the bank.   USD1 bn in sec
Friday, 18 July 2008

...a wide-ranging list of prohibited items at the 2008 Olympic venues, which include "Go China" banners, soft drinks containers and firecrackers. Whistles are also prohibited as are “leaf...
Tuesday, 15 July 2008

... money lenders is designed to assist small and medium-sized companies that find it difficult to obtain bank loans, the Shanghai Securities News reports. In 2007, revenues from unlicensed lending toppe...
Tuesday, 15 July 2008

...e part in the Beijing Olympics.   Last week, Chambers – who under UK rules remains banned from the Olympics but can compete in other races following a completed two-year ban for ...
Monday, 14 July 2008

...the temperature of the Chinese economy is also rising. A report this week by Industrial and Commercial Bank of China (ICBC) says China's ongoing battle against inflation – the government has tar...
Sunday, 13 July 2008

...rom the network.   Arcapita Invests USD2 bn in China Wind Farms Bahrain-based Arcapita Bank has formed a partnership with Singapore's Colossus Holdings to set up wind farms in norther...
Sunday, 13 July 2008

New Olympic RMB10 Note Issued China's Central Bank will issue six million RMB10 notes to commemorate the Beijing Olympics, state media reports. The new note will feature the "Bird's Nest&quot
Sunday, 13 July 2008

13. Weekly Statistics Update
(News/News July 2008)
...nstruction & Investment Co Ltd, will invest an additional RMB120m in Shijiazhuang City Commercial Bank, according to a report in the China Securities Journal published Thursday. - Huawei T...
Sunday, 13 July 2008

...ange. The Beijing-based company was founded in 2000, and generated revenues of USD11.8m in 2007. Citi Bank and Merrill Lynch are reportedly set to act as underwriters. ...
Saturday, 12 July 2008

...arriers from China and five from Taiwan are permitted to operate the flights.   Overseas Banks Increase Assets in China According to a new report by the China Banking Association, the ...
Wednesday, 09 July 2008

Arcapita Invests USD2 bn in China Wind Farms Bahrain-based Arcapita Bank has formed a partnership with Singapore's Colossus Holdings to set up wind farms in northern China's Inner Mongolia province,
Wednesday, 09 July 2008

...ormation Technology and the State Administration of Radio, Film and Television issued a joint notice banning illegal streaming of Olympic content. Violators will be "warned and punished,"...
Tuesday, 08 July 2008

18. China's Chery Eyes Volvo
(News/News July 2008)
...nbsp; Although plans are still unconfirmed, insiders say that Chery has been communicating with banks and private equity companies about the possibility of a buyout. The buyout could set the c...
Tuesday, 08 July 2008

New Olympic RMB10 Note Issued China's Central Bank will issue six million RMB10 notes to commemorate the Beijing Olympics, state media reports. The new note will feature the "Bird's Nest"
Tuesday, 08 July 2008

...nst inflation will continue into 2009, according to a new report produced by Industrial and Commercial Bank of China (ICBC).   However, ICBC predicts that Chinese stock markets will cont...
Monday, 07 July 2008

...have bought their tickets are not required to pay the higher fee.   Launched Hong Kong-Bangalore Service Dragonair has launch a new scheduled service between Hong Kong and Bengaluru...
Sunday, 06 July 2008

Launched Hong Kong-Bangalore Service Dragonair has launch a new scheduled service between Hong Kong and Bengaluru (Bangalore) in India. The new route marks Dragonair's first flight service to and fr
Saturday, 05 July 2008

...ts. The move comes a few days after China's top backstroke swimmer, Ouyang Kunpeng, and his coach were banned for life for a failed dope test.   The new national notice is aimed at &quot...
Wednesday, 02 July 2008

... Pakistan, Bulgaria, Peru, Luxembourg, Lithuania, Cambodia, Nigeria, Latvia, Slovenia, Iran, Libya, Lebanon, Mauritius, Trinidad and Tobago, Iceland, Kenya, Croatia, Palestinian Territories, Guatema...
Tuesday, 01 July 2008

...5 per cent of Chinese polled believe current prices are "unacceptably high".   Bank of Nanjing Eyes National Expansion Bank of Nanjing, plans to open up to eight new branches...
Monday, 30 June 2008

26. Weekly Statistics Update
(Statistics/ Statistics 2008)
...barrels), up 25 per cent from a year earlier, statistics from China Customs showed.   -Urban fixed asset investment, including malls and factories and railway stations, was up 25.6 per ...
Sunday, 29 June 2008

...s for medical equipment, diabetes treatment, animal health and over-the-counter drugs. Deutsche Bank Sets Up Investment Banking Deutsche Bank and Shanxi Securities agreed to set up an investm...
Sunday, 29 June 2008

...dit cards has almost doubled within a year, to reach 104.73 million at the end of March, the People's Bank of China said earlier this week. Several banks including ICBC and Bank of Communications o...
Sunday, 29 June 2008

... The fund was set up in 2007, with an initial investment of USD1 bn financed by the China Development Bank, and is planned to grow to USD5 bn, Reuters quotes Hu Zhirong, the Vice-President of the Ch...
Saturday, 28 June 2008

Deutsche Bank Sets Up Investment Banking Deutsche Bank and Shanxi Securities agreed to set up an investment banking joint venture, the South China Morning Post reports. The German bank will hold a 3
Saturday, 28 June 2008

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