China Business News back issues from May 2004:
Baosteel launches USD-1.42-bln stainless steel project.
May 10, 2004 ... Baosteel launches USD-1.42-bln stainless steel project Shanghai. May 10. INTERFAX-CHINA - China's largest steel maker, the Shanghai Baosteel Group, announced that its subsidiary, Shanghai First Steel Co. Ltd., put its first-phase stainless steel project into operation on May 9 ....
Summary of China press: Zhongguo Kuangye Bao (China Mining News), April 29, 2004.
May 10, 2004 ... Summary of China press: Zhongguo Kuangye Bao (China Mining News), April 29, 2004 Shanghai. May 10. INTERFAX-CHINA. Cover story: China to establish two security systems for geological calamity prediction and national mineral resources in four years as a key ...
Yunnan Aluminum launches technical upgrade six months ahead of schedule.
May 10, 2004 ... Yunnan Aluminum launches technical upgrade six months ahead of schedule Shanghai. May 10. INTERFAX-CHINA - The Shenzhen-listed Yunnan Aluminum Co. Ltd. placed part of its 200,000-tpy electrolytic aluminum Phase-II technical upgrade into operation on April 28, six months ahead ...
Bauxite reserves reach 600 mln tons in Henan Province.
May 10, 2004 ... Bauxite reserves reach 600 mln tons in Henan Province Aa Shanghai. May 10. INTERFAX-CHINA - Bauxite reserve resources hit 600 mln tons including 180 mln tons for mining and pre-mining, according to results of the latest survey of bauxite resources released by the ...
Canada starts antidumping investigation into steel fastener imports from China.
May 10, 2004 ... Canada starts antidumping investigation into steel fastener imports from China Shanghai. May 10. INTERFAX-CHINA - The Canada Border Services Agency (CBSA) recently announced the initiation of an investigation into the alleged injurious dumping and subsidizing of certain carbon ...
Chongqing Government orders strict control of local strontium industry.
May 10, 2004 ... Chongqing Government orders strict control of local strontium industry Shanghai. May 10. INTERFAX-CHINA - At a recent conference of the Standing Committee of Chongqing Municipal People's Congress, a decision was made to intensify administration and controls over Chongqing's ...
Canada's Magnus signs JV agreement for mineral property acquisition in China.
May 10, 2004 ... Canada's Magnus signs JV agreement for mineral property acquisition in China Shanghai. May 10. INTERFAX-CHINA - Canada's Magnus International Resources Inc., a listed firm having announced the change of its corporate name from Gravity Spin Holdings Inc. as of May 4, recently ...
Silver mine construction commences in Inner Mongolia.
May 10, 2004 ... Silver mine construction commences in Inner Mongolia Aa Shanghai. May 10. INTERFAX-CHINA - Construction of the Bairenba Silver Mine, located in Keshenketeng Banner of Inner Mongolia Autonomous Region, started recently. It is the largest silver mine in Inner Mongolia ...
Silver market ends lower.
May 10, 2004 ... Silver market ends lower Shanghai. May 10. INTERFAX-CHINA - On May 10, silver trading on the Shanghai White Platinum and Silver Exchange ended lower after the long Labor Day holiday. Almost all silver trade prices fell sharply reaching their RMB 40 (USD 4.83) price ...
Chalco appoints new chairman and executive director.
May 10, 2004 ... Chalco appoints new chairman and executive director Shanghai. May 10. INTERFAX-CHINA - Hong Kong and New York-listed Chalco (Aluminum Corporation of China Limited), China's largest alumina and primary aluminum producer, announced on May 3 the appointment of a new chairman and ...
Summary of China press: Nanfang Ribao (Southern Daily), May 10, 2004.
May 10, 2004 ... Summary of China press: Nanfang Ribao (Southern Daily), May 10, 2004 Shanghai. May 10. INTERFAX-CHINA. Cover stories: China and Italy: comprehensive trading partners. Prime Ministers of the two countries, Wen Jiabao and Silvio Berlusconi, issue joint ...
Summary of China Press: Beijing Yule Xinbao (Beijing Daily Messenger), May 10, 2004.
May 10, 2004 ... Summary of China Press: Beijing Yule Xinbao (Beijing Daily Messenger), May 10, 2004 Shanghai. May 10. INTERFAX-CHINA. Cover story: Chechen president died in explosion on May 9 in Grozny during the celebrations of the Soviet Union's Victory Day in World War ...
Summary of China Press: Zhongguo Shiyou Bao (China Petroleum News), May 10, 2004.
May 10, 2004 ... Summary of China Press: Zhongguo Shiyou Bao (China Petroleum News), May 10, 2004 Shanghai. May 10. INTERFAX-CHINA. Cover story: CNPC offers promotion opportunities and financial incentives to company "work models" to spark greater working enthusiasm from ...
Summary of China Press: Zhongguo Shihua Bao (China Petrochemical News), May 8, 2004.
May 10, 2004 ... Summary of China Press: Zhongguo Shihua Bao (China Petrochemical News), May 8, 2004 Shanghai. May 10. INTERFAX-CHINA. Cover story: Sinopec answered the call of the State Council to scrutinize hazardous chemicals storage and transport as well as other ...
Power price likely to rise soon.
May 10, 2004 ... Power price likely to rise soon Shanghai. May 10. INTERFAX-CHINA - Although the National Development and Reform Commission has not announced any move towards changing the power price as yet, major domestic media have all reported today that the national economic watchdog will ...
Exclusive: Beijing's Green Great Wall plan "on track", according to vice-mayor.
May 10, 2004 ... Exclusive: Beijing's Green Great Wall plan "on track", according to vice-mayor Beijing. March 10 INTERFAX-CHINA - Beijing, China's capital, has set a target green coverage ratio of 50% by 2005, while the per capita green area is to reach 50 sq m by the same year. Over the longer ...
Coalmine operators from Shanxi race against Wenzhou real estate investors in Beijing.
May 10, 2004 ... Coalmine operators from Shanxi race against Wenzhou real estate investors in Beijing Shanghai. May 10 INTERFAX-CHINA - Aware that their coal mining interests might not last long due to depleting resources, stricter government regulations and deteriorating safety conditions, many ...
Chemical giant formed through merger.
May 10, 2004 ... Chemical giant formed through merger Shanghai. May 10. INTERFAX-CHINA - China's two leading chemicals producers, China National Blue Star Corp. (Blue Star) and the China Haohua Chemical Industrial Corp. (Haohua) officially merged on May 9 to form the largest conglomerate in the ...
Beijing's water shortages serious, says vice-mayor.
May 10, 2004 ... Beijing's water shortages serious, says vice-mayor Beijing. March 10. INTERFAX-CHINA - Beijing is facing serious water shortage problems, with a per capita water supply thirty times smaller than the world average, Zhang Mao, vice mayor of Beijing, told Interfax in an exclusive ...
Jinniu Energy approved to issue bonds.
May 10, 2004 ... Jinniu Energy approved to issue bonds Shanghai. May 10. INTERFAX-CHINA - The Shenzhen-listed Hebei Jinniu Energy Resources Co., Ltd., a coal producer in northern China's Hebei province, has won approval to issue corporate bonds, according to an announcement made by the China ...
Shanxi to close down small coalmines before 2006.
May 10, 2004 ... Shanxi to close down small coalmines before 2006 Shanghai. May 10. INTERFAX-CHINA - The largest coal producing province throughout the nation, Shanxi Province, recently announced that it would gradually shut down all small coalmines with annual output of less than 90,000 tons by ...
Sinopec to sign deal with BP in London.
May 10, 2004 ... Sinopec to sign deal with BP in London Shanghai. May 10. INTERFAX-CHINA - China's state-owned oil refining company China Petrochemical Corp. (Sinopec Group) is scheduled to finalize a deal with British Petroleum (BP) in London on May 10, the second day of the three-day official ...
SARS threat eases in China.
May 10, 2004 ... SARS threat eases in China Beijing. May 10. INTERFAX-CHINA - China has reported no new confirmed or suspected SARS (Severe Acute Respiratory Syndrome) cases for six successive days, and all people quarantined have now been released, according to the latest report by China's ...
Degussa signed agreement with Chinese company, unveiled R&D center in Shanghai.
May 10, 2004 ... Degussa signed agreement with Chinese company, unveiled R&D center in Shanghai Shanghai. May 10. INTERFAX-CHINA - German specialty chemicals maker Degussa announced that a letter of intent had been signed with a Chinese company on high-temperature polymers during Chinese Premier ...
Peak power load in Southern China reaches yearly high.
May 10, 2004 ... Peak power load in Southern China reaches yearly high Shanghai. May 10. INTERFAX-CHINA - In April, the peak power consumption load in Southern China, a region including the provinces of Guangdong, Yunnan, Guizhou and Hainan, as well as the Guangxi Autonomous Region, has climbed ...
Coastal pipeline to link multiple gas sources.
May 10, 2004 ... Coastal pipeline to link multiple gas sources Shanghai. May 10. INTERFAX-CHINA - A new gas pipeline will be built along east China's Hangzhou Bay from June this year to diversify gas supply sources in the region. The pipeline from Ningbo to Hangzhou will extend 237.7 ...
Largest refinery Zhenhai begins shipping high-grade 98# gasoline.
May 10, 2004 ... Largest refinery Zhenhai begins shipping high-grade 98# gasoline Shanghai. May 10. INTERFAX-CHINA - China's largest refinery Zhenhai Refining & Chemical Co. Ltd. (Zhenhai) said it had made first shipment of the 98# gasoline, the highest-grade gasoline in China, in late April. ...
U.S. arrests men on charges of conspiring to export controlled technologies to China.
May 10, 2004 ... U.S. arrests men on charges of conspiring to export controlled technologies to China Shanghai. May 10. INTERFAX-CHINA - Two individuals have been arrested and charged with attempting to export controlled technologies from the United States to China, according a statement from ...
UTStarcom wins USD 21 mln Xiaolingtong network expansion contract from China Telecom.
May 10, 2004 ... UTStarcom wins USD 21 mln Xiaolingtong network expansion contract from China Telecom Shanghai. May 10. INTERFAX-CHINA - UTStarcom has signed a new contract worth USD 21 mln to expand China Telecom's Xiaolingtong, or wireless local loop, networks in the cities of Suzhou and ...
Exclusive: "Digital Beijing" Project already benefiting city - Beijing Vice Mayor.
May 10, 2004 ... Exclusive: "Digital Beijing" Project already benefiting city - Beijing Vice Mayor Beijing. March 10 INTERFAX-CHINA - The Beijing Municipal Government plans to invest RMB 30 bln (USD 3.6 bln) in telecom infrastructure and RMB 8 bln (USD 960 mln) in e-government planning and civil ...
ZTE and Huawei cooperate with Telecom Egypt for construction of CDMA network in Egypt.
May 10, 2004 ... ZTE and Huawei cooperate with Telecom Egypt for construction of CDMA network in Egypt Shanghai. May 10. INTERFAX-CHINA - Telecom Egypt has signed agreements with China's ZTE and Huawei Technology worth a combined total of USD 20 mln for construction of a CDMA wireless local loop ...
Summary of China press: Guoji Jinrong Bao (International Finance News), May 10, 2004.
May 10, 2004 ... Summary of China press: Guoji Jinrong Bao (International Finance News), May 10, 2004 Shanghai. May 10. INTERFAX-CHINA. Cover story: Premier Wen Jiabao's official visit to several European countries is expected to enhance economic and trade relationship ...
Summary of China press: Guoji Shang Bao (International Business Daily), May 10, 2004.
May 10, 2004 ... Summary of China press: Guoji Shang Bao (International Business Daily), May 10, 2004 Shanghai. May 10. INTERFAX-CHINA. Cover story: According to statistics from China's customs administration, RMB 1 bln (USD 120.77 mln) worth of commodities were imported ...
nSTREAMS provides CATV solutions to Hubei and Nanjing TV stations.
May 10, 2004 ... nSTREAMS provides CATV solutions to Hubei and Nanjing TV stations Shanghai. May 10. INTERFAX-CHINA - nSTREAMS Technologies Inc., an Interactive Television solutions provider, has installed cable TV (CATV) solutions for Hubei TV Station and Nanjing TV Station, according to an ...
SinoCom stock price down 6.8% as compared to IPO price on first day of public trading.
May 10, 2004 ... SinoCom stock price down 6.8% as compared to IPO price on first day of public trading Shanghai. May 10. INTERFAX-CHINA - SinoCom Software Group Ltd., the largest outsourcing software developer in Beijing, has been publicly listed on the Hong Kong Stock Exchange's Main Board. ...
Sasser Worm real danger to Chinese Netizens as mlns return to work after May Day Holiday.
May 10, 2004 ... Sasser Worm real danger to Chinese Netizens as mlns return to work after May Day Holiday Shanghai. May 10. INTERFAX-CHINA - China's National Computer Virus Emergency Response Center has issued a warning to Chinese Internet users that the Sasser Worm has been spreading widely in ...
UPDATE: Siemens and Ningbo Bird form handset partnership for China and overseas.
May 10, 2004 ... UPDATE: Siemens and Ningbo Bird form handset partnership for China and overseas Shanghai. May 10. INTERFAX-CHINA - Siemens Mobile and Ningbo Bird have signed a Memorandum of Understanding (MoU) to form a strategic partnership in mobile phones, Ningbo Bird Spokesman Yu Jinhua ...
Xybernaut and CyberNet to cooperate in mobile computing solutions in China.
May 10, 2004 ... Xybernaut and CyberNet to cooperate in mobile computing solutions in China Shanghai. May 10. INTERFAX-CHINA - Nasdaq-listed Xybernaut Corporation, a mobile computing hardware, software and services provider, has signed an agreement with Beijing CyberNet Institute to combine ...
Chengdu Unionfriend Network 2003 sales revenue up 29.19% to USD 37.19 mln.
May 10, 2004 ... Chengdu Unionfriend Network 2003 sales revenue up 29.19% to USD 37.19 mln Shanghai. May 10. INTERFAX-CHINA - Shenzhen-listed Chengdu Unionfriend Network Co., Ltd. recorded sales revenue of RMB 307.9 mln (USD 37.19 mln) in 2003, up 29.19% year-on-year. The company's gross profit ...
US-Sino Gateway to help AHEAD Software expand to U.S. market.
May 10, 2004 ... US-Sino Gateway to help AHEAD Software expand to U.S. market Shanghai. May 10. INTERFAX-CHINA - US-Sino Gateway and AHEAD Software Co. Ltd. have signed an agreement to form a joint alliance and exclusive affiliate relationship. Under their agreement, US-Sino Gateway ...
Exclusive: Beijing official stresses cooperation with foreign media, highlights gradual opening up.
May 10, 2004 ... Exclusive: Beijing official stresses cooperation with foreign media, highlights gradual opening up Beijing. March 10 INTERFAX-CHINA - Beijing Municipal Government pays much attention to and will further strengthen its cooperation and communications with international media, a ...
Exclusive: Mayor talks about cooperation between Beijing and Moscow.
May 10, 2004 ... Exclusive: Mayor talks about cooperation between Beijing and Moscow Beijing. March 10 INTERFAX-CHINA - Beijing and Moscow, as two "friendship cities", have huge potential for cooperation in economic and social spheres, Zhang Mao, vice mayor of Beijing Municipal Government, told ...
Baoshan Iron and Steel tops CCTV's "most valuable listed firm" register.
May 11, 2004 ... Baoshan Iron and Steel tops CCTV's "most valuable listed firm" register Shanghai. May 11. INTERFAX-CHINA -China Central Television (CCTV), China's nationwide official television station recently unveiled the results of its annual ratings of domestically listed companies, ...
JV to establish Asia's largest molybdenum production base in Chengdu, Sichuan Province.
May 11, 2004 ... JV to establish Asia's largest molybdenum production base in Chengdu, Sichuan Province Shanghai. May 11. INTERFAX-CHINA - Chengdu Hongbo Industrial Co. Ltd. (Hongbo), a subsidiary affiliated to Xiamen Tungsten Co. Ltd., one of leading producers of tungsten and molybdenum in ...
Sichuan Hongda Group acquired lead-zinc exploration and mining permit at auction.
May 11, 2004 ... Sichuan Hongda Group acquired lead-zinc exploration and mining permit at auction Aa Shanghai. May 11. INTERFAX-CHINA - Hongda Group (Hongda), based in western China's Sichuan Province, acquired the exploration and mining permit of New 915 No.2 in Ganluo County of ...
Shandong's metallurgical industry records USD 2.15 bln in 1Q revenue.
May 11, 2004 ... Shandong's metallurgical industry records USD 2.15 bln in 1Q revenue Shanghai. May 11. INTERFAX-CHINA - The metallurgical industry of eastern China's Shandong Province realized a total of RMB 17.76 bln (USD 2.15 bln) in sales revenue during the first quarter of 2004, rising a ...
Italian Danieli Corporation to provide Bengang with key equipment.
May 11, 2004 ... Italian Danieli Corporation to provide Bengang with key equipment Aa Shanghai. May 11. INTERFAX-CHINA - The Italian-based Danieli Corporation is to provide Benxi Iron and Steel Group (Bengang) with key pieces of equipment and a two-stage automatic controlling system ...
Canada's Stellar Pacific joins Henan province gold miners.
May 11, 2004 ... Canada's Stellar Pacific joins Henan province gold miners Shanghai. May 11. INTERFAX-CHINA - Stellar Pacific Ventures Inc., a junior mining exploration company headquartered in Canada's Quebec, announced it signed an agreement with the Maying Gold Mine to set up a joint venture ...
Henan Province records sharp increase in silver exports.
May 11, 2004 ... Henan Province records sharp increase in silver exports Shanghai. May 11. INTERFAX-CHINA - Central China's Henan Province exported 124,300 kilograms of silver in the first quarter of 2004, worth USD 22.32 mln, soaring 320% and 500% respectively compared to the corresponding ...
Oxiana expands into China.
May 11, 2004 ... Oxiana expands into China Shanghai. May 11. INTERFAX-CHINA - One of Australia's offshore mining leading lights, Oxiana Limited, has signed an agreement with the Yunnan Geological and Mineral Resources Bureau (YGMR) for a joint venture involving an early stage gold project ...
Silver market ends lower.
May 11, 2004 ... Silver market ends lower Shanghai. May 11. INTERFAX-CHINA - Silver trading on the Shanghai White Platinum and Silver Exchange ended lower today. Almost all silver trade prices fell dramatically, reaching their RMB 40 (USD 4.83) price floor levels except for the May ...
Summary of China press: Nanfang Ribao (Southern Daily), May 11, 2004.
May 11, 2004 ... Summary of China press: Nanfang Ribao (Southern Daily), May 11, 2004 Shanghai. May 11. INTERFAX-CHINA. Cover stories: Guaranteeing economic stability and growth: Guangdong Province implements the macroeconomic measures of the central government. ...
Summary of China press: Zhongguo Zhengquan Bao (China Securities Journal), May 11, 2004.
May 11, 2004 ... Summary of China press: Zhongguo Zhengquan Bao (China Securities Journal), May 11, 2004 Shanghai. May 11. INTERFAX-CHINA. Cover story: A total of 609 sponsors with 67 brokerage companies have been registered at the China Securities Regulatory Commission ...
Summary of China Press: Beijing Yule Xinbao (Beijing Dailly Messenger), May 11, 2004.
May 11, 2004 ... Summary of China Press: Beijing Yule Xinbao (Beijing Dailly Messenger), May 11, 2004 Shanghai. May 11. INTERFAX-CHINA. Cover story: China, Britain posted joint declaration on developing strategic partnership. Headlines: Taiwan ...
Qingshan Power Plant switches its oil-fueled generating unit to coal.
May 11, 2004 ... Qingshan Power Plant switches its oil-fueled generating unit to coal Shanghai. May 11. INTERFAX-CHINA - An official with the Qingshan Power Plant, located in central China's Hubei Province, told Interfax that an upgrade project, aiming at switching a 200,000 kW generating unit ...
Summary of China press: Xin Jing Bao (Beijing News), May 11, 2004.
May 11, 2004 ... Summary of China press: Xin Jing Bao (Beijing News), May 11, 2004 Shanghai. May 11. INTERFAX-CHINA. Cover stories: SARS in Beijing has two chains of infection. Three patients have been moved to half-way house in preparation for release from hospital. 28 ...
Summary of China Press: Zhongguo Shihua Bao (China Petrochemical News), May 11, 2004.
May 11, 2004 ... Summary of China Press: Zhongguo Shihua Bao (China Petrochemical News), May 11, 2004 Shanghai. May 11. INTERFAX-CHINA. Cover story: Sinopec: oil product market will largely operate smoothly but regional shortages cannot be avoided. Headlines: ...
Bayer to scale up investment in Shanghai.
May 11, 2004 ... Bayer to scale up investment in Shanghai Shanghai. May 10. INTERFAX-CHINA - German chemical giant Bayer AG announced that it had finalized a USD 100 mln deal during Chinese Premier Wen Jiabao's European tour last week that would see a major HDI (hexamethylene diisocyanate) ...
EU again warns China to lift coking coal export restrictions.
May 11, 2004 ... EU again warns China to lift coking coal export restrictions Shanghai. May 11. INTERFAX-CHINA - The European Union has again warned China to lift coking coal export restrictions, which were designed to protect the Chinese iron and steel industry. The EU hoped China to ...
XHPG's third phase project completed.
May 11, 2004 ... XHPG's third phase project completed Shanghai. May 11. INTERFAX-CHINA - The Xinjiang Hami Power Generation Co., Ltd (XHPG), controlled by the power giant China Huadian Corporation, saw its third phase project completed recently. Located in the city of Hami in the ...
SEPA to implement six measures to reduce sulfur dioxide emissions.
May 11, 2004 ... SEPA to implement six measures to reduce sulfur dioxide emissions Shanghai. May 11. INTERFAX-CHINA - The State Environmental Protection Administration (SEPA), China's environment and ecology watchdog, is to put through six new measures to reduce the acid rain caused by massive ...
CNOOC will make exploration in offshore Morocco.
May 11, 2004 ... CNOOC will make exploration in offshore Morocco Shanghai. May 11. INTERFAX-CHINA - State-owned China National Offshore Oil Corp. (CNOOC) has signed a cooperative deal with the West African country of Morocco in late April on taking part in local offshore oil and gas exploration ....
Yanzhou Coal Mining to expand production capacity through M&A.
May 11, 2004 ... Yanzhou Coal Mining to expand production capacity through M&A Shanghai. May 11. INTERFAX-CHINA - To expand its capacity, the Yanzhou Coal Mining Co. Ltd. is set to use mergers and acquisitions, an official with the company told Interfax. "Yanzhou Coal Mining has been ...
Central government may be mulling change of pricing mechanism for oil products.
May 11, 2004 ... Central government may be mulling change of pricing mechanism for oil products Shanghai. May 11. INTERFAX-CHINA - With the international crude oil price soaring to above USD 40 per barrel last week, the Chinese government is prepared to implement a significant hike in the oil ...
Hisense to use Genesis Microchip video processors in TV production.
May 11, 2004 ... Hisense to use Genesis Microchip video processors in TV production Shanghai. May 11. INTERFAX-CHINA - Hisense Co., Ltd., a Chinese TV manufacturer, will use video processing solutions from Nasdaq-listed Genesis Microchip Inc. in Hisense's new CRT TVs, LCD (Liquid Crystal ...