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Nyrstar Sells JV Stake, Best Buy Opens Beijing Store
Blackstone Drops USD160m Deal in Shanghai
IBM Launches 3D Virtual Version of The Forbidden City
ZTE Wins Indian Contract, Mobile Phone WIFI Starts This Year
Currency Rates on 13 October, 2008
China's Reports Record Trade Surplus
NBA and AEG Team Up for New China Arenas
Starbucks Announces New China Milk Supplier
FDI Up, But Less Foreign Companies Invest in China
China Claims Outsourcing Boost
China Cars Sales Shrink, China Mobile Plans Silicon Valley R&D
China Says Global Meltdown May Be “Blessing in Disguise”
Popular Articles
London-Hong Kong Bus Service Announced
China's Wastewater Lures Foreign Companies
Can China’s Domestic Market Overcome Global Meltdown?
Global Slowdown to ‘Pummel’ Shanghai Office Market
Hong Kong Universities Outpace China in Global Ranking
Tibet Earthquakes "Affect More than 60,000 People"
Starbucks Announces New China Milk Supplier
China Says Global Meltdown May Be “Blessing in Disguise”
Weekly China Statistics Update
Monster Completes Acquisition of ChinaHR
China Claims Outsourcing Boost
Chinese Entrepreneur Confidence Drops in Q3
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bizchinaupdate
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1.
BizChinaUpdate Direct Newsletter Volume 1, Issue 1, September 2007
(DOCMan/BizChinaUpdate Direct Newsletter 2007, Vol 1)
BizChinaUpdate
Direct Newsletter Volume 1, Issue 1
Sunday, 02 September 2007
2.
Nyrstar Sells JV Stake, Best Buy Opens Beijing Store
(News/News October 2008)
Nyrstar Sells China JV Stake Belgium-based Nyrstar, the world's largest zinc producer, intends to sell its 60 per cent stake in Yunnan Zinc Alloys to its joint venture partner Yun Tong Zinc, th
Tuesday, 14 October 2008
3.
Blackstone Drops USD160m Deal in Shanghai
(News/News October 2008)
Private equity firm Blackstone Group has cancelled a property deal with VXL Capital, for the USD160m acquisition of a commercial building in Shanghai, the South China Morning Post reports.
Tuesday, 14 October 2008
4.
IBM Launches 3D Virtual Version of The Forbidden City
(News/News October 2008)
IBM and the Palace Museum in Beijing have launched a virtual online version of the Forbidden City, the 720,000 square metre imperial palace in central Beijing that served for centuries as an exclusive
Tuesday, 14 October 2008
5.
ZTE Wins Indian Contract, Mobile Phone WIFI Starts This Year
(News/News October 2008)
ZTE Wins Indian Contract China's largest public telecoms equipment maker ZTE will supply mobile phone network equipment to India's Aircel, state media reports.The contract is valued at USD400m, and
Tuesday, 14 October 2008
6.
Currency Rates on 13 October, 2008
(Currency Rates/Chinese Exchange Rates)
Exchange Rate of RMB against major international currencies, as of 13 October, 2008 (no liability assumed). American Dollar 0.146291
Monday, 13 October 2008
7.
China's Reports Record Trade Surplus
(News/News October 2008)
In September, Chinese exports rose over 21 per cent year-on-year, to USD136.4 bn, widening the trade surplus to a new record USD29.3 bn, according to the Ministry of Commerce. The 21.5
Monday, 13 October 2008
8.
NBA and AEG Team Up for New China Arenas
(News/News October 2008)
The U.S. National Basketball Association (NBA) and the AEG entertainment group have agreed to jointly develop more than 12 NBA-style basketball arenas in China, Sport Business reports.
Monday, 13 October 2008
9.
Starbucks Announces New China Milk Supplier
(News/News October 2008)
Starbucks has selected Baxy as its new milk supplier in China, following the ditching of its previous supplier, Mengniu, because of the melamine contamination scandal. The move was ann
Monday, 13 October 2008
10.
FDI Up, But Less Foreign Companies Invest in China
(News/News October 2008)
Foreign direct investment reached USD74.37 bn in the first nine months of 2008, China's Ministry of Commerce said in a statement. This is an increase of almost 40 per cent year-on-year, but the number
Monday, 13 October 2008
11.
China Claims Outsourcing Boost
(News/News October 2008)
As China seeks to diversify its economy away from its traditional manufacturing base, Chinese companies have won outsourced service contracts worth USD1.9 bn in the first eight months. This figure is
Monday, 13 October 2008
12.
China Cars Sales Shrink, China Mobile Plans Silicon Valley R&D
(News/News October 2008)
China Cars Sales Shrink Passenger car sales in China decreased in September by 1.44 per cent year-on-year, to 552,800, the China Association of Automobile Manufacturers said in a statement. Sales of
Monday, 13 October 2008
13.
China Says Global Meltdown May Be “Blessing in Disguise”
(News/News October 2008)
While most global media is focused on doom-laden phrases such as “financial meltdown” and “staring into the abyss,” here’s an alternative view. Chinese state media today
Sunday, 12 October 2008
14.
Can China’s Domestic Market Overcome Global Meltdown?
(News/News October 2008)
What a week that was. Wall Street suffered its worst week in history, and stocks worldwide lost billions in value. Central banks were forced to coordinate interest rate cuts. G7 Finance Ministers conv
Sunday, 12 October 2008
15.
Tibet Earthquakes "Affect More than 60,000 People"
(News/News October 2008)
Last week's earthquake in the Tibet Autonomous Region has "affected more than 60,000 people," the government said in a news conference. The initial quake measured 6.6 on the Richter Scale an
Sunday, 12 October 2008
16.
Hong Kong Universities Outpace China in Global Ranking
(News/News October 2008)
Three universities from Hong Kong have made the top 50 of the prestigious 2008 The Times Higher Education-QS World University Rankings. The University of Hong Kong is ranked in 26th p
Sunday, 12 October 2008
17.
Weekly News Bites 1: Lower GDP Growth, Alibaba, Ping An, Covance, WuXi
(News/News October 2008)
UBS Downgrades China GDP Growth UBS Securities has downgraded its projections for China's economy, to 9.6 per cent for 2008 and 8 per cent for 2009. Earlier forecasts by the Swiss bank projected C
Sunday, 12 October 2008
18.
Weekly News Bites 2: Travel, Auto, Ginseng Recall
(News/News October 2008)
Air Asia Opens Guilin - Kuala Lumpur Route The Malaysia-based low-cost airline has opened its seventh China service destination, with a new route between Guilin, the capital of Guizhou province, a
Sunday, 12 October 2008
19.
Global Slowdown to ‘Pummel’ Shanghai Office Market
(News/News October 2008)
Shanghai's office market slackened in the third quarter of 2008, as “the global financial crisis increasingly weighs on market demand,” says a new report by Colliers. Slowing demand is
Saturday, 11 October 2008
20.
Chinese Entrepreneur Confidence Drops in Q3
(News/News October 2008)
China's entrepreneur confidence index plunged to 123.8 points in the third quarter of 2008 - down 11 points from the previous quarter. The index is down some 19.2 points year on year, the National Bur
Saturday, 11 October 2008
21.
Air Asia Flies To Kuala Lumpur, China Plans First National Park
(News/News October 2008)
Air Asia Opens Guilin - Kuala Lumpur Route The Malaysia-based low-cost airline has opened its seventh China service destination, with a new route between Guilin, the capital of Guizhou province, and
Saturday, 11 October 2008
22.
Weekly China Statistics Update
(Statistics/ Statistics 2008)
- China's business climate index, measuring corporate performance, fell 16.1 points to 128.6 points year on year in the third quarter, the National Bureau of Statistics said. The index, based on a
Saturday, 11 October 2008
23.
China Listed Companies Must Pay Dividends in Cash
(News/News October 2008)
The China Securities Regulatory Commission has announced that publicly-traded companies must pay dividends in cash, rather than stocks, over three years before submitting a refinancing application. Th
Friday, 10 October 2008
24.
China's Wastewater Lures Foreign Companies
(News/News October 2008)
The Chinese government has announced a RMB13 bn investment programme to counter water shortages. As much of the nation's wastewater remains untreated, foreign companies may enter this potentially lucr
Friday, 10 October 2008
25.
Monster Completes Acquisition of ChinaHR
(News/News October 2008)
U.S.-based Monster Worldwide has completed its acquisition of ChinaHR, the country's second-largest recruitment website, news wires report. Monster paid USD174m for the remaining 55 pe
Friday, 10 October 2008
26.
China Recalls Ginseng Injections, Dongfeng Produces Own Hybrid Car
(News/News October 2008)
China Recalls Ginseng Injections Three people died in a hospital after receiving herbal injections, state media reports. The drug, made from Siberian gingseng, was recalled by the Health Ministry. F
Friday, 10 October 2008
27.
London-Hong Kong Bus Service Announced
(News/News October 2008)
It’s a very long way – but the world's first ever bus service from London to Hong Kong may soon be a reality. London based OzBus, which already run buses from London to Syd
Friday, 10 October 2008
28.
China Cuts Interest/Bank Rates as Global Gloom Deepens
(News/News October 2008)
China's central bank has cut both interest rates and the reserve-requirement ratio, as nerves start to jangle about the state of the economy faced by a deepening global financial crisis.
Thursday, 09 October 2008
29.
U.S. Welcomes Chinese Investment in Oil & Gas
(News/News October 2008)
An official of the U.S. Department of Energy said the United States would welcome Chinese investments in its oil and gas sector, Reuters reports. "If they want to invest in o
Thursday, 09 October 2008
30.
China Market Regulation is ‘New Risk to Property Investors’
(News/News October 2008)
China should “continue to be relatively unaffected by global economic uncertainty, with strong economic growth and foreign investment continuing,” according to the new Asia Pacific Investm
Thursday, 09 October 2008
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