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1. Weekly China Statistics Update
(Statistics/ Statistics 2008)
...the first half of this year. Farmers' average net income for the half year was RMB2,528 or USD370, state media reports. - Authorities in Shenzhen are looking to attract 560,000 worker...
Saturday, 30 August 2008

...ernment departments and affiliated units have "misused or embezzled RMB4.52 bn" in 2007, state media reports. Another RMB41.7 bn was "mismanaged," the National Audit Office said in...
Friday, 29 August 2008

Post-Olympic Stats Race Don't say we didn't warn you! According to Nielsen Media Research, U.S. TV viewership for the first 16 days of the Olympic Games broke existing records. Some 211 million
Thursday, 28 August 2008

...ot;.   This is the latest development in myriad announcements from Chinese companies and media that Microsoft and other foreign technology companies will face tough times under the n...
Thursday, 28 August 2008

5. Huawei in India Staffing Controversy
(News/News August 2008)
...oms solutions company Huawei of employing Chinese staff without proper work and resident permits, Indian media reports.   The report quotes India's Ministry of Labour and Employment as s...
Wednesday, 27 August 2008

6. Insurers Eye Real Estate Markets
(News/News August 2008)
...real estate," Wu Dingfu, Chairman of the China Insurance Regulatory Commission, was quoted by state media. Currently, insurers have to set up a separate investment arm to channel money in some on...
Wednesday, 27 August 2008

...ba Opens London Office Alibaba will open its first London office "in the near future," state media reports. The move by China's leading e-commerce company was initiated by Think London, th...
Wednesday, 27 August 2008

...Aluminium Corp. of China) have received approval for a RMB2.2 bn titanium joint venture in Harbin, state media reports. The plant is expected to be operational in 2010, and is slated to yield 15,000 t...
Tuesday, 26 August 2008

9. Weekly Statistics Update
(Statistics/ Statistics 2008)
... offers the government substantial opportunities for tax cuts and other stimulus measures", state media quotes unidentified experts. - China Petroleum and Chemical Industry Association (CP...
Sunday, 24 August 2008

...e this year, Kentucky Fried Chicken is raising its prices for individual products and combo sets, state media reports. Prices will increase  RMB0.5 and RMB2.5 as the fast food chain copes with...
Sunday, 24 August 2008

... Hong Kong Malaysia's Hong Leong Bank opened the first Islamic Banking Window in Hong Kong, Malaysian media reports. The bank will offer cross-border transactions and shariah-complaint wholesale a...
Sunday, 24 August 2008

...0 Billion’ Olympic TV Viewers? http://beijinginsider.blogs.shermanstravel.com/2008/08/09/chinese-media-claims-40-billion-olympic-tv-watchers/ The Kindness of Beijingers http://beijingi...
Saturday, 23 August 2008

13. Best Buy Opens Second Flagship Store
(News/News August 2008)
American electronics retailer Best Buy will open its second store in Shanghai, at Zhongshan Park, state media reports. This comes after a lengthy approval process.   The opening, schedul
Saturday, 23 August 2008

...launch a new brand, with rooms priced between RMB90 and RMB130 per night, President Xu Zurong told state media. Shanghai, Ningbo, Wuhan and Nanchang have been singled out for the pilot low-cost hotel ...
Saturday, 23 August 2008

...Branches HSBC will open new branches in Zhengzhou and Ningbo in the fourth quarter of this year, state media quoted Richard Yorke, President and CEO of HSBC China. While attending the Beijing Olymp...
Saturday, 23 August 2008

16. No "Mass Departure" of German Companies
(News/News August 2008)
In contrast to earlier media reports, there is no "mass departure" of German companies due to rising costs in China, says Bernd Reitmeier, General Manager of the German Industry and Commerce
Friday, 22 August 2008

...n Hong Kong Malaysia's Hong Leong Bank opened the first Islamic Banking Window in Hong Kong, Malaysian media reports. The bank will offer cross-border transactions and shariah-complaint wholesale an...
Friday, 22 August 2008

....S.-based YRC Logistics has reportedly bought a 65 per cent stake in Jiayu Logistics for USD44.7m, state media cite a company press release. Jiayu is one of China's largest trucking companies with 200...
Friday, 22 August 2008

19. Microsoft Faces Probe in Taiwan
(News/News August 2008)
...an after a complaint was filed saying people are forced to buy its Windows Vista operating system, state media reports.   The governmental Fair Trade Commission has launched an investiga...
Thursday, 21 August 2008

20. Chinese Venture Capital Hits New High
(News/News August 2008)
...cond quarter of 2008 , Dow Jones reports. Most investments were directed at the information services and media, content and information sectors.   This figure, spent on 71 deals, represe...
Thursday, 21 August 2008

...ite as part of an "ambitious space programme with the communist space giant", Venezuelan state media reports. The satellite "Simon Bolivar", named after the South America's indepen...
Thursday, 21 August 2008

...me this year, Kentucky Fried Chicken is raising its prices for individual products and combo sets, state media reports. Prices will increase  RMB0.5 and RMB2.5 as the fast food chain copes with h...
Thursday, 21 August 2008

...eeking labour dispute arbitration and if unsuccessful, will sue SAP China for disguised dismissal, state media reports.   In July, the three Vice-Presidents, Zhang Xuesong, Wang Wen and ...
Wednesday, 20 August 2008

24. Shenhua Starts Exploration in Australia
(News/News August 2008)
Shenhua Energy Co has paid AUS300m (RMB1,8 bn) for a coal exploration license in Australia, state media reports. The company is preparing to invest another AUS180m (RMB1,080 bn) if a mining lease in g
Tuesday, 19 August 2008

...ich has been dogged by controversy and delay - will start in 2010, three years later than planned, state media reports.   The current Maglev line will be extended by 200 kilometres to co...
Tuesday, 19 August 2008

...AW Haima, the former partner of Mazda, has started construction of its third manufacturing plant, state media reports. The new factory will have an annual production capacity of 150,000 cars, and is...
Tuesday, 19 August 2008

...nt National has agreed to sell its party headquarter building in Paris to a Shanghai University, French media reports. The political party of former presidential candidate Jean-Marie Le Pen did not...
Sunday, 17 August 2008

...ource has started exporting hydrogen fuel-cell mopeds to European countries and the United States, state media reports.   The Shanghai-based firm is selling its mopeds for EUR1,950 in Sp...
Saturday, 16 August 2008

China's Universe Media Holdings has received RMB400m from Legend Capital and Goldman Sachs ahead of its planned listing on the Nasdaq stock market.   Legend Capital, the investment arm o
Friday, 15 August 2008

...hina is raising taxes for cars with large engines "to save energy and reduce pollution", state media reports. The tax rate for cars with four-litre or bigger engines will increase from 20 to...
Friday, 15 August 2008

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