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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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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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