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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

Hong Kong Exports Up 11 Per Cent Hong Kong's exports grew 11.1 per cent year on year in July, the government announced on its website. This increase comes after a 0.6 per cent decline in June. Overs
Saturday, 30 August 2008

3. China Secures Iraqi Oil Deal
(News/News August 2008)
...e China National Petroleum Corporation (CNPC) has signed an agreement with the Iraqi government that renews its deal of 1997 to pump oil from the Ahdab oil fields, Reuters reports. Investment for th...
Friday, 29 August 2008

RMB4.52 bn Government Funds "Misused" New statistics show that Central government departments and affiliated units have "misused or embezzled RMB4.52 bn" in 2007, state media rep
Friday, 29 August 2008

Barclays Buys Into New China Trust UK-based Barclays Bank said it has received governmental approval to invest USD35m in New China Trust Co. Ltd. The bank said it is expecting a 19.5 per cent s
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

Alibaba 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 Londo
Wednesday, 27 August 2008

8. Bank of China Faces U.S. Lawsuit
(News/News August 2008)
...ing demands by Israeli counter terrorism officials to halt the practice," the WSJ reports. The newspaper quotes Federico Castelan Sayre, an attorney representing the plaintiffs, saying that...
Tuesday, 26 August 2008

Sinopec's Profits Fall 77 Per Cent China's largest oil refiner Sinopec said its profit for the first six months of 2008 decreased by 77 per cent, to RMB8.26 bn. The main reason for the decline is
Tuesday, 26 August 2008

Aricom & Chinalco Invest RMB2.2bn Britain's Aricom Plc. and Chinalco (the Aluminium Corp. of China) have received approval for a RMB2.2 bn titanium joint venture in Harbin, state media reports.
Tuesday, 26 August 2008

Monsanto Adds USD84m to Its China JV U.S.-based Monsanto agreed to spend another USD84m to its existing partnership with China National Seed Group Corp., the company said in a statement. In return
Monday, 25 August 2008

...on 2012 organising committee, Sebastian Coe, has also got his post-Beijing words in early. In a Sunday newspaper article he talks of "sport as the hidden social worker in society" and &quo...
Sunday, 24 August 2008

KFC Raises Prices in China Again For the second time this year, Kentucky Fried Chicken is raising its prices for individual products and combo sets, state media reports. Prices will increase 
Sunday, 24 August 2008

Huge July Drop in Beijing Tourism Beijing received a total of 270,000 tourists that stayed overnight during July, down 30 per cent on July 2007, according to the Beijing Municipal Tourism Bureau.
Sunday, 24 August 2008

...city's new shopping district, entertainment, restaurants, and nightlife -- basically, everything making news outside the Olympic stadium. “Zai Jian” from Beijing http://beijingi...
Saturday, 23 August 2008

JinJiang Inn Launches RMB90 Per-Room-Brand Budget hotelier Jinjiang Inn plans to launch a new brand, with rooms priced between RMB90 and RMB130 per night, President Xu Zurong told state media. Shang
Saturday, 23 August 2008

Huge July Drop in Beijing Tourism Beijing received a total of 270,000 tourists that stayed overnight during July, down 30 per cent on July 2007, according to the Beijing Municipal Tourism Bureau. Of
Saturday, 23 August 2008

First Islamic Banking Window in 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
Friday, 22 August 2008

YRC Logistics Buys Into Jiayu U.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 la
Friday, 22 August 2008

China Launches Venezuelan Satellite In November, Venezuela will have China launch its first satellite as part of an "ambitious space programme with the communist space giant", Venezuelan s
Thursday, 21 August 2008

KFC Raises Prices in China Again For the second time this year, Kentucky Fried Chicken is raising its prices for individual products and combo sets, state media reports. Prices will increase 
Thursday, 21 August 2008

Hong Kong's Jobless Rate at Record Low Hong Kong's unemployment rate fell to 3.2 per cent, the lowest level in a decade, according to the Census and Statistics Department. The employed population ro
Wednesday, 20 August 2008

China Imports More Swiss Chocolate Totaling 308 tonnes in 2007, China is importing more Swiss chocolate than ever, the Swiss chocolate industry association Chocosuisse has announced. In a recent mov
Tuesday, 19 August 2008

Foreign Banks Invest in Pig Farms Deutsche Bank and Goldman Sachs have reportedly invested up to USD360m in Chinese pig farms, Trading Markets reports. The German bank has bought a 30 per cent sta
Sunday, 17 August 2008

Shanghai University Buys Building from Le Pen France right-wing party Front National has agreed to sell its party headquarter building in Paris to a Shanghai University, French media reports. The
Sunday, 17 August 2008

Exports to U.S. Up 8.9 Per Cent Chinese exports to the Unites States continue to grow, though the rate of growth is dropping, according to official figures. In the first six months of 2008, export
Saturday, 16 August 2008

Higher Taxes for Big Cars As of 1 September, China is raising taxes for cars with large engines "to save energy and reduce pollution", state media reports. The tax rate for cars with four-
Friday, 15 August 2008

China Merchants Waits for Approval After China Merchants outbid ICBC and the Australia & New Zealand Banking Group in May for a majority stake in Hong Kong's Wing Lung Bank, it is still awaitin
Friday, 15 August 2008

29. Government Official Commits Suicide
(News/News August 2008)
...tration of Quality Supervision, Inspection and Quarantine, committed suicide early August, according to news reports.   Wu met with party officials on 1 August and was found dead the fo...
Thursday, 14 August 2008

Shanghai University Buys Building from Le Pen France right-wing party Front National has agreed to sell its party headquarter building in Paris to a Shanghai University, French media reports. The po
Thursday, 14 August 2008

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