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... China Moves to Support Loss-making Energy Companies The country's five largest power companies posted a combined loss of RMB26.8 bn in the first 10 months of 2008, state media reports. This n...
Saturday, 10 January 2009

2. Lenovo Cuts 2,500 Jobs
(News/News January 2009)
...t computer maker, will cut 2,500 jobs and decrease spending by USD300m, the company said in a statement posted on the Hong Kong Exchange website.   The Chinese computer manufacturer susp...
Thursday, 08 January 2009

...ucturing plan that could include changes in the top management and job lay-offs. In September, Lenovo posted a 78 per cent drop in net profit, to USD23.44m, for the third quarter of 2008. ...
Monday, 05 January 2009

...ducation segment, the report said. Securitas has over 250,000 employees in 30 countries worldwide and posted a revenue of RMB53 bn in 2007. CNOOC Starts Deep Water Exploration The China Natio...
Sunday, 04 January 2009

... education segment, the report said. Securitas has over 250,000 employees in 30 countries worldwide and posted a revenue of RMB53 bn in 2007.   CNOOC Starts Deep Water Exploration The ...
Tuesday, 30 December 2008

6. 2008: The Year That Did Not Go To Plan
(News/News December 2008)
...na tightened its visa entry rules, resulting in foreign business travellers being forced to delay and postpone trips to China. The damaging effects on Chinese and foreign businesses operating i...
Sunday, 28 December 2008

...ltations through the WTO, [the] China side will deal with it according to WTO rules," a statement posted on the website of the Ministry of Commerce said.   Forex Reserves Fall C...
Sunday, 28 December 2008

...ember to continue our mission to “Take China Business Global.” In the meantime, we are posting a selection of the most popular interviews and commentary features from 2008. See "...
Saturday, 27 December 2008

...ultations through the WTO, [the] China side will deal with it according to WTO rules," a statement posted on the website of the Ministry of Commerce said.   China Offers RMB130 Bn T...
Tuesday, 23 December 2008

10. Hotel Industry Faces a Grim Start to 2009
(News/News December 2008)
...ons is usually an off-peak period for business and travel. In most years, there is a considerable post-Chinese New Year bounce back, with corporate travellers swarming into China to sign the de...
Sunday, 21 December 2008

11. Weekly China Statistics Update
(News/News December 2008)
... percentage growth, and deflation during February 2009. - State owned enterprises are expected to post a cumulative profit of RMB800m, the State-owned Assets Supervision and Administration Com...
Sunday, 21 December 2008

... Referring to our original article, Jacobson says, “Brenda Foster is correct, there was another, post-RFP group that briefly gained the State Department's provisional blessing to create a pav...
Saturday, 20 December 2008

...00 bn plan to further expand loan guarantees to small and middle sized enterprises, the South Morning Post reports. The government also said it plans to create more than 60,000 new jobs. "We m...
Sunday, 14 December 2008

... bn and HKD72.3 bn for the fiscal period ending March 2009. From April to October 2008, the government posted a HKD37.3 bn deficit, compared to a HKD18.2 bn surplus in the same 2007 period. Re...
Saturday, 13 December 2008

15. Amway Expands, HK Supports SMEs
(News/News December 2008)
...00 bn plan to further expand loan guarantees to small and middle sized enterprises, the South Morning Post reports. The government also said it plans to create more than 60,000 new jobs. "We m...
Wednesday, 10 December 2008

...rman Wang Junjin. He also confirmed that the company's founder, Liu Jieyin, was "removed from his post." The suspension is a result of a decision by the Civil Aviation Administration to ha...
Sunday, 07 December 2008

17. The Sad Demise Of A Shanghai Institution
(News/News December 2008)
...ore intense traffic will be permitted on widened roads, with creeping urbanization of signage and lampposts,” Nonis adds. “So the oasis will be lost and the ghosts of Chairman Mao, Chia...
Saturday, 06 December 2008

...hed in Gansu province and reached an altitude of 3,000 metres. It was designed by 15 undergraduates and postgraduates of the School of Astronautics of Beijing University of Aeronautics and Astronautic...
Saturday, 06 December 2008

...irman Wang Junjin. He also confirmed that the company's founder, Liu Jieyin, was "removed from his post." The suspension is a result of a decision by the Civil Aviation Administration to hal...
Friday, 05 December 2008

20. Hong Kong Losing 1,000 Jobs A Week
(News/News December 2008)
...nturn since the SARS crisis in 2003.   The survey, carried out by the South China Morning Post newspaper reveals that almost 6,000 jobs have been lost in Hong Kong in the past six week...
Thursday, 04 December 2008

...ss. Suning Revenue Up 65 Per Cent Suning, one of China’s major electronics retailer, has posted a profit of RMB39.1 bn for the first three quarters, up almost 40 per cent, state media...
Sunday, 09 November 2008

22. Suning Sales Up, New Nanchang-Seoul Flight
(News/News November 2008)
Suning Revenue Up 65 Per Cent Suning, one of China’s major electronics retailer, has posted a profit of RMB39.1 bn for the first three quarters, up almost 40 per cent, state media reports. Rev
Tuesday, 04 November 2008

23. Downturn Hits China Hard
(News/News November 2008)
... and the world's biggest economies, including the United States, Europe and Japan, are very likely to post negative growth and that will have a huge impact on China." He fears that "the f...
Monday, 03 November 2008

...nated products, reported a third quarter loss of RMB271m, state media reports. Last year, the company posted a profit of RMB390m for the same period. Bright Dairy said the loss was caused by lower ...
Sunday, 02 November 2008

...nated products, reported a third quarter loss of RMB271m, state media reports. Last year, the company posted a profit of RMB390m for the same period. Bright Dairy said the loss was caused by lower ...
Friday, 31 October 2008

...ompared to 49.1 per cent growth in Shandong and 29.4 per cent in Zhejiang. Related stories: Post-Olympic China: Where is the Economy Heading? http://www.bizchina-update.com/con...
Thursday, 30 October 2008

...ration in Australia http://www.bizchina-update.com/content/view/1234/2/ Shenhua Energy Posts Profit Boost http://www.bizchina-update.com/content/view/599/2/ &...
Thursday, 30 October 2008

28. Shanghai's Economy Grows 10.1 Per Cent
(News/News October 2008)
...5/2/ UBS Downgrades China GDP Growth http://www.bizchina-update.com/content/view/1454/2/ Post-Olympic China: Where is the Economy Heading? http://www.bizchina-update.com/con...
Wednesday, 29 October 2008

... Shenzhen that killed 44 people on 20 September has so far produced 27 arrests, the South China Morning Post reports. Among those detained are "10 government officials," the newspaper says, ...
Wednesday, 29 October 2008

... per cent. The remaining 10 per cent will belong to the Three Gorges Financial Company. Baidu Posts RMB347m Profit Baidu.com, China's most famous Internet search engine, has posted a net ...
Sunday, 26 October 2008

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