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1. Fiscal Revenue Growth Drops in 2008
(News/News January 2009)
...n in fiscal revenue growth began in the second half of 2008 "because of economic slowdown, corporate profits decline and tax cuts to boost growth amid the global financial crisis," Xie sai...
Tuesday, 06 January 2009

...t, 70 per cent of respondents achieved profitable operations in 2008, and 77 per cent reported increased profits.  A majority of companies reported an increase in market share from 2007. ...
Tuesday, 16 December 2008

...njin, Bank of Wenzhou and Bank of Dalian. KPMG’s concludes that, “another year of rising profits, increasing commercialisation and greater diversification of income among Chinese b...
Saturday, 13 December 2008

4. European Firms Remain Confident For China
(News/News November 2008)
... Union Chamber of Commerce shows.   70 per cent of the 250 surveyed companies said they made profits in 2007 while 62 per cent said they expect to make money in 2008. The survey also s...
Friday, 28 November 2008

...t the same time, Gome announced a 110 per cent year-on-year profit rise in the first nine months of 2008. Profits reached RMB1.64 bn, and sales hit RMB36.4 bn, up 20 per cent. Related stories: ...
Wednesday, 26 November 2008

... China's fiscal revenue dropped 0.3 per cent in October, a fall blamed on tax cuts and slowing corporate profits, according to the Ministry of Finance. China's fiscal revenue totaled RMB532.9 bn in...
Monday, 17 November 2008

7. EU Decision "Fundamentally Flawed"
(News/News November 2008)
... of fasteners have hurt European manufacturers in any way," said Zhang. "They are making better profits than Chinese companies," state media quotes him as saying. Last week it wa...
Tuesday, 11 November 2008

8. Weekly China Statistics Update
(Statistics/ Statistics 2008)
...ars per 100 urban households and 960,000 taxis in operation nationwide. - Lenovo said its quarterly profits decreased 78 per cent year-on-year due to the worldwide economic slowdown. The Chine...
Sunday, 09 November 2008

...tedly the largest African country that still operates a monopoly in the wireless sector. Shenhua's Profits Up China's largest coal producer, Shenhua Energy Co., said its third quarter net p...
Sunday, 02 November 2008

Shanghai A City Of Immigrants "Nearly half" of Shanghai's 18.58 million inhabitants are immigrants from other provinces or come from other parts of the city they are currently live, state
Saturday, 01 November 2008

Shenhua's Profits Up China's largest coal producer, Shenhua Energy Co., said its third quarter net profit increased 48 per cent year-on-year to RMB7.89 bn, AP reports. Revenue rose 33 per cent, to
Thursday, 30 October 2008

China Railway Companies Lose Billions In Forex Market China Railway Group Ltd and China Railway Construction Corporation have lost RMB2.26 bn in the forex market, state media reports. The Railway Gr
Friday, 24 October 2008

13. Weekly China Statistics Update
(Statistics/ Statistics 2008)
...China's major industrial enterprises with at least annual sales RMB5m accounted for RMB1.87 tr in combined profits in the first eight months of this year, the National Bureau of Statistics. The figure...
Sunday, 28 September 2008

...ment is actually strongly encouraging consolidation as a means to alleviate excessive competition, improve profits, modernize technology and create national champions. In Cement the plans point to a r...
Wednesday, 10 September 2008

...a Taiwan branch. Alibaba has also offices in Hong Kong, Switzerland and the United States. Sinopec's Profits Fall 77 Per Cent China's largest oil refiner Sinopec said its profit for the first ...
Sunday, 31 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

...stly, oil price rises are sending global airlines into meltdown. Cathay Pacific is the latest to issue a profits warning, and Chinese airlines are among those to have announced new fuel surcharges ...
Sunday, 06 July 2008

18. Best Buy Cuts New Store Opening Plan
(News/News June 2008)
...Buy has scratched its plan to open the proposed number of new stores in China after a 6.8 per cent drop in profits in the first quarter of the year.   The intended numbers of Five Star a...
Tuesday, 24 June 2008

19. The Week in Review
(News/News June 2008)
...-driven cash cow economy probably is. But operating costs in China are increasing significantly, and profits are hard to come by. One (relatively successful) Shanghai restaurateur commented th...
Monday, 16 June 2008

...es by quoting encouraging bid and ask prices to give him preference in transactions. It is reported that profits made from the scam is estimated to be well over HKD100m. The scam involved dozens of...
Sunday, 01 June 2008

...ct chip manufacturer, Taiwan-based TSM, is contemplating raising product prices, in the face of decreasing profits.   Taiwan Semiconductor Manufacturing (TSM) says that in addition t...
Thursday, 29 May 2008

Bank of Shanghai Net Profits Rise to RMB2.9 bn The Bank of Shanghai's net profit increased 23.09 per cent last year, to reach RMB2.934 bn under Chinese accounting standards. Operating revenue rose
Sunday, 25 May 2008

...e period, trade between China and Macau rose 2 per cent year on year, to USD630m.   Lenovo's Profits Double Thanks to Unit Sale Lenovo Group said its profits for the first quarter of 2...
Saturday, 24 May 2008

...sch said it will double its investment in China to RMB8.5 bn by 2010.   Bank of Shanghai Net Profits Rise to RMB2.9 bn The Bank of Shanghai's net profit increased 23.09 per cent last y...
Tuesday, 20 May 2008

25. Weekly Statistics Update
(Statistics/ Statistics 2008)
...tage points. The reserve requirement ratio now stands at a new high of 16.5 per cent as of May 20. - Profits for China's listed companies may grow 20 per cent this year, JPMorgan Chase estimates...
Monday, 19 May 2008

...s have reported a slowdown in profit growth in the first quarter, according to state media. Aggregate SOE profits are down by almost three per cent year on year. Local analysts are warning that Chi...
Sunday, 04 May 2008

A rising RMB may cause a recommencement in tax breaks for textile exporters after it reduced profits and cut back production.   It is said that the Chinese government has last reduced r
Tuesday, 29 April 2008

... The survey also shows that companies cut their investments by as much as 15 per cent, due to shrinking profits and the removal of tax rebates. A similar survey last year showed that the more than...
Friday, 04 April 2008

... time, Baosteel announced it will increase shipments to Africa.   China Telecom Posts Lower Profits China's largest fixed-line provider China Telecom said its profits in 2007 were RM...
Thursday, 03 April 2008

30. Alibaba Intends to Get Rid of Yahoo
(News/News March 2008)
...on Yahoo's China assets, plus its Chinese website and search technology. Yesterday, Alibaba said its profits jumped to a record RMB967.8 m last year, beating estimates and quadrupling the 2006 ...
Thursday, 20 March 2008

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