China Business News back issues from August 2005:
PetroChina and ICBC jointly launch electronic payment program.
Aug 01, 2005 ... PetroChina and ICBC jointly launch electronic payment program Shanghai. August 1. INTERFAX-CHINA - PetroChina Company Limited said on Monday that customers can now use bankcards at about 1,000 PetroChina service stations in 12 cities, including Beijing, Tianjin, Shanghai, ...
CISA works to improve steel trade relations as China's exports climb.
Aug 01, 2005 ... CISA works to improve steel trade relations as China's exports climb Shanghai. August 1. INTERFAX-CHINA . China will try to ease potential trade friction with major steel importers as the country's steel exports soar, according to the China Iron and Steel Association. ...
Work on final statement begins at N. Korea talks.
Aug 01, 2005 ... Work on final statement begins at N. Korea talks Beijing. Aug 1. INTERFAX-CHINA - Work on a final document began at the six-nation talks on the denuclearization of the Korean Peninsula in Beijing on Sunday, a source close to the talks told Interfax. "Problems may ...
Guangdong's power consumption hit 120 bln kWh during the first six months.
Aug 01, 2005 ... Guangdong's power consumption hit 120 bln kWh during the first six months Shanghai. August 1. INTERFAX-CHINA - Electric power consumption in Guangdong Province exceeded 120 bln kWh in the first half of the year, while the maximum power load reached 43.0 mln kW. Both power ...
Yunnan Aluminum net profits down 12.44% in H1 2005.
Aug 01, 2005 ... Yunnan Aluminum net profits down 12.44% in H1 2005 Shanghai. August 1. INTERFAX-CHINA - Yunnan Aluminum, the Shenzhen listed electrolytic aluminum producer released its interim report announcing a 12.44% drop in net profit, totaling RMB 66.17 mln (USD 8.16 mln) in the first 6 ...
South Korea SK Group proposes a heavy oil refinery project in Taizhou of Zhejiang.
Aug 01, 2005 ... South Korea SK Group proposes a heavy oil refinery project in Taizhou of Zhejiang Shanghai. August 1. INTERFAX-CHINA - South Korea's SK Group has proposed a 1 mln-ton heavy oil refinery project in the city of Taizhou in Zhejiang, a local government official confirmed to ...
Guodian to launch large coal-electricity project in Heilongjiang.
Aug 01, 2005 ... Guodian to launch large coal-electricity project in Heilongjiang Shanghai. August 1. INTERFAX-CHINA - The China Guodian Corporation, one of the country's five power giants, has entered into a coal-power agreement with the Longmei Mining Corporation (LMC), the largest coal ...
Zhuzhou City starts using Sichuan gas.
Aug 01, 2005 ... Zhuzhou City starts using Sichuan gas Shanghai. August 1. INTERFAX-CHINA - Zhuzhou City, Hunan Province started using natural gas on July 30 after local pipelines were successfully connected with the main trunk of a pipeline running from Sichuan to Wuhan. Local ...
CNPC-Aktobemunaigaz strikes oil in west Kazakhstan.
Aug 01, 2005 ... CNPC-Aktobemunaigaz strikes oil in west Kazakhstan Aktobe. August 1. INTERFAX-CHINA - China National Petroleum Corporation's Kazakh venture CNPC-Aktobemunaigaz has discovered an oil field in the eastern part of the Caspian depression in Aktobe region. "This event is ...
Sides to Korean nuclear talks to work on final document Monday.
Aug 01, 2005 ... Sides to Korean nuclear talks to work on final document Monday Beijing. August 1. INTERFAX-CHINA . Monday, which is the seventh day of the fourth round of six-party talks on the Korean nuclear problem in Beijing, wll be dedicated to work on the final document of the round, a ...
Intel to set up worldwide headquarters of its Channel Platform Group in Shanghai.
Aug 01, 2005 ... Intel to set up worldwide headquarters of its Channel Platform Group in Shanghai By Vivian He Shanghai. August 1. INTERFAX-CHINA - The worldwide headquarters for Intel's Channel Platform Group (CPG) will be established in Shanghai, internal Intel documentation obtained by ...
Siemens and Emma to deploy wireless ticketing solutions at Worker's Stadium in Beijing.
Aug 01, 2005 ... Siemens and Emma to deploy wireless ticketing solutions at Worker's Stadium in Beijing Shanghai. August 1. INTERFAX-CHINA - Siemens and Emma Ticket will cooperator in deploying wireless ticketing technology at Worker's Stadium in Beijing, which will provide professional access ...
Russian-Chinese exercises must not arouse concern . Russian defense minister.
Aug 01, 2005 ... Russian-Chinese exercises must not arouse concern . Russian defense minister Vladivostok. Aug 1. (Interfax) - Russian Defense Minister Sergei Ivanov said Russian-Chinese military exercises to be held in August 2005, must not arouse concern in other countries. "If ...
Jiu Steel Hongxing received credit line of USD 49.32 mln for raw material sourcing.
Aug 01, 2005 ... Jiu Steel Hongxing received credit line of USD 49.32 mln for raw material sourcing Shanghai. August 1. INTERFAX-CHINA - The Gansu Jiu Steel Group Hongxing Co., Ltd. (600307) (Hongxing) announced that it had received a one-year credit line of RMB 400 mln (USD 49.32 mln) from the ...
China produced 173.85 mln tons iron ore in H1, up 26.5% yoy.
Aug 01, 2005 ... China produced 173.85 mln tons iron ore in H1, up 26.5% yoy Shanghai. August 1. INTERFAX-CHINA - China produced 173.85 mln tons iron ore in the first half of this year, remarkably up 26.5% year-on-year. The provinces of Hebei, Inner Mongolia, Yunnan, Hunan, and ...
China eyeing surging hot rolled foil exports from Russia.
Aug 01, 2005 ... China eyeing surging hot rolled foil exports from Russia Shanghai. August 1. INTERFAX-CHINA - The China Iron and Steel Association (CISA) is keeping a close eye on volumes and prices of hot rolled foil imports from Russia, Kazakhstan and Ukraine, since exports from these ...
Today's Headline News, at 6.50 pm Beijing time, August 1, 2005.
Aug 01, 2005 ... Today's Headline News, at 6.50 pm Beijing time, August 1, 2005 Shanghai. August 1. INTERFAX-CHINA - This is a summary of news in China on August 1. China General News The Russian Ministry of Defense says that it will step up military cooperation with China. Joint ...
Cooperation agreement for Caofeidian LNG Project signed.
Aug 01, 2005 ... Cooperation agreement for Caofeidian LNG Project signed Shanghai. August 1 INTERFAX-CHINA - The Hebei Provincial Government, together with the China National Petroleum Corporation and the Beijing Municipal Government, signed a general cooperation agreement for the Caofeidian LNG ...
MII tells telecom carriers to share telecom infrastructure resources via lease, sales, or exchange.
Aug 01, 2005 ... MII tells telecom carriers to share telecom infrastructure resources via lease, sales, or exchange Shanghai. August 1. INTERFAX-CHINA - The Ministry of Information Industry (MII), the country's top telecom regulator, has called on telecom operators in the country to share ...
Power consumption in Jiangsu Province is highest in China.
Aug 01, 2005 ... Power consumption in Jiangsu Province is highest in China Shanghai. August 1. INTERFAX-CHINA - Power consumption in Jiangsu Province is the highest in the country, according to the provincial Economic and Trade Commission and the Jiangsu Power Corporation, which held a joint ...
Ministry of Culture to promote 15 "healthy" online games for Chinese youth.
Aug 01, 2005 ... Ministry of Culture to promote 15 "healthy" online games for Chinese youth Shanghai. August 1. INTERFAX-CHINA - China's Ministry of Culture (MOC) released a list of 15 "healthy" online games suitable for the country's youth on July 29. The list of 15 was chosen from ...
China IT & Telecom daily news headlines, August 1, 2005.
Aug 01, 2005 ... China IT & Telecom daily news headlines, August 1, 2005 Shanghai. August 1. INTERFAX-CHINA - This is a summary of IT and Telecom headline news in China today. 1) The Ministry of Information Industry (MII), the country's top telecom regulator, called on telecom ...
China and Indonesia reach energy agreements worth USD 4.5 bln.
Aug 01, 2005 ... China and Indonesia reach energy agreements worth USD 4.5 bln Shanghai. August 1. INTERFAX-CHINA - China and Indonesia have reached a series of energy agreements in power, coal and oil sectors, involving a total investment of USD 4.5 bln. The agreements reached ...
No agreement on denuclearization at Beijing talks.
Aug 01, 2005 ... No agreement on denuclearization at Beijing talks Beijing. August 1. INTERFAX-CHINA - The six-nation talks on the North Korean nuclear problem have so far failed to reach a consensus on denuclearization, a North Korean source told Interfax on Monday. "Neither the ...
Negotiators still divided over final N. Korea document.
Aug 01, 2005 ... Negotiators still divided over final N. Korea document Beijing. Aug 1. INTERFAX-CHINA - The two Koreas, the United States, Russia, China and Japan, the participants in the fourth round of talks aimed at resolving the standoff over North Korea's nuclear program, remain divided ...
Shanda President Tang Jun denies reports that he will resign.
Aug 01, 2005 ... Shanda President Tang Jun denies reports that he will resign Shanghai. August 1. INTERFAX-CHINA - Shanda President Tang Jun denied rumor that he was planning to resign, telling Interfax on Monday that he had no plans to leave Shanda, China's largest online gaming firm. ...
China Energy daily news headlines, August 1, 2005.
Aug 01, 2005 ... China Energy daily news headlines, August 1, 2005 Shanghai. August 1. INTERFAX-CHINA - This is a summary of headline news in Energy in China today. The SK Group of South Korea is backing a heavy oil refinery in Zhejiang Province. Sinopec is going to issue ...
Gaosai'er to launch deferred delivery trading of gold bars at the end of this year.
Aug 01, 2005 ... Gaosai'er to launch deferred delivery trading of gold bars at the end of this year Shanghai. August 1. INTERFAX-CHINA . Gaosai'er Gold & Silver Co., Ltd (Gaosai'er) plans to start deferred delivery of gold bars to individual clients as a variant of its gold spot trading ...
Share trading suspended of China Great Wall Computer Group's four listed companies.
Aug 01, 2005 ... Share trading suspended of China Great Wall Computer Group's four listed companies Shanghai. August 1. INTERFAX-CHINA - All listed companies under China Great Wall Computer Group Co. suspended trading of their shares on Monday, after various media reports last week that the ...
Shanghai fuel oil futures fall, discouraged by sluggish physical market.
Aug 01, 2005 ... Shanghai fuel oil futures fall, discouraged by sluggish physical market Shanghai. August 1. INTERFAX-CHINA - Despite their buoyant international counterparts, fuel oil futures on the Shanghai Futures Exchange (SHFE) retreated on Monday, discouraged by the sluggish domestic ...
Silver market ends mixed.
Aug 01, 2005 ... Silver market ends mixed Shanghai. August 1 INTERFAX-CHINA . On August 1, silver trade on the Shanghai White Platinum and Silver Exchange closed mixed. The price of each series recorded rises except for the B50825 series. Today's total silver trading ...
Power station collapse kills five in Southwestern China.
Aug 01, 2005 ... Power station collapse kills five in Southwestern China Shanghai. August 1. INTERFAX-CHINA . A power station collapse killed five people and injured seven in Southwestern China early Monday morning, according to local media reports. The workers died during the ...
Copper and aluminum drop in Shanghai on August 1.
Aug 01, 2005 ... Copper and aluminum drop in Shanghai on August 1 Shanghai August 1 INTERFAX-CHINA.Copper daily futures on the Shanghai Futures dropped remarkably, while Shanghai aluminum closed lower marginally, tracking international markets, according to figures Interfax received from the ...
China Mobile ends suspension of Sohu's MMS services a month early.
Aug 01, 2005 ... China Mobile ends suspension of Sohu's MMS services a month early Shanghai. August 1. INTERFAX-CHINA - China Mobile will allow NASDAQ- listed Sohu.com Inc. to resume offering multimedia messaging services (MMS) over the carrier's networks on August 1, 2005, a month prior to the ...
Russian diplomats hopes for consensus at Beijing talks.
Aug 01, 2005 ... Russian diplomats hopes for consensus at Beijing talks Beijing. August 1. INTERFAX-CHINA - The Russian delegation to the six- nation talks on the North Korean nuclear problem believes that if a common understanding on denuclearization is recorded in the final document of the ...
Sinopec to issue short-term bonds worth USD 2.3 bln.
Aug 01, 2005 ... Sinopec to issue short-term bonds worth USD 2.3 bln Shanghai. August 1. INTERFAX-CHINA - China Petroleum and Chemical Corporation (Sinopec), the country's second largest oil company, said on Monday that it plans to issue short-term bonds worth no more than RMB 18.64 bln (USD ...
VoIP will become a backbone of telecom industry, says Wharf T&T Vice President.
Aug 01, 2005 ... VoIP will become a backbone of telecom industry, says Wharf T&T Vice President By John Liu Shanghai. August 1. INTERFAX-CHINA - VoIP (voice over internet protocol) services will become a backbone of the telecom industry by 2008, Tony Cheung, Vice President, Consumer Market of ...
CSFB economist predicts future oil prices.
Aug 01, 2005 ... CSFB economist predicts future oil prices Shanghai. August 1. INTERFAX-CHINA - Credit Suisse First Boston's chief economist told a forum Monday the average international oil price would stand still this year and drop in the future, according to local media. During a ...
Au99.95 0.65% up, Au99.99 0.63% higher, and Platinum 1.14% higher on August 1.
Aug 01, 2005 ... Au99.95 0.65% up, Au99.99 0.63% higher, and Platinum 1.14% higher on August 1 Shanghai August 1 INTERFAX-CHINA.Au99.95 gold stopped at RMB 112.35 (USD 13.85) per gram on August 1, 0.65% up from previous trading day July 29, while Au99.99 ended at RMB 112.37 (USD 13.86) per gram ...
China Metals daily news headlines, August 1, 2005.
Aug 01, 2005 ... China Metals daily news headlines, August 1, 2005 Shanghai. August 1. INTERFAX-CHINA - This is a summary of headline news in Metals in China today. China will try to ease potential trade friction with major steel importers as the country's steel exports soar, ...
Desay wins licenses to produce and sell GSM abd CDMA handsets in China.
Aug 01, 2005 ... Desay wins licenses to produce and sell GSM abd CDMA handsets in China Shanghai. August 1. INTERFAX-CHINA - Desay Group has received handset production licenses that will allow the company to sell both GSM and CDMA self-branded handsets on the Chinese retail market, the company ...
China stock market pushed up by late trade rally.
Aug 01, 2005 ... China stock market pushed up by late trade rally Shanghai. August 1. INTERFAX-CHINA - China's stock market was revived by a late rally on Monday after a uninspired day of trade. The Shanghai composite index was up 5.91 points or 0.54% to close the day at 1,088.94 points. ...
Digital China in talks to acquire Start Computer's peripheral equipment business.
Aug 01, 2005 ... Digital China in talks to acquire Start Computer's peripheral equipment business Shanghai. August 1. INTERFAX-CHINA - Digital China is now in negotiations for the possible acquisition of Start Computer Group's computer peripheral equipment business, a n official with Start ...
Russia supports China-proposed draft in N.Korea talks.
Aug 01, 2005 ... Russia supports China-proposed draft in N.Korea talks Beijing. Aug 1. INTERFAX-CHINA - The Russian delegation to the six-nation talks on the North Korean nuclear problem agrees in principle with the China-proposed draft final statement to crown the fourth round, a Russian ...
China press review for August 1, 2005 - The Morning Papers.
Aug 01, 2005 ... China press review for August 1, 2005 - The Morning Papers Shanghai. August 1. INTERFAX-CHINA - The following is a digest of China newspapers published on August 1. Interfax does not accept liability for information in these stories. Politics & Economics Chinese ...
Tangshan Port to be formed from facilities at Jingtang and Caofeidian.
Aug 01, 2005 ... Tangshan Port to be formed from facilities at Jingtang and Caofeidian Shanghai. August 1. INTERFAX-CHINA - North China's Tangshan City will combine Jingtang Port and Caofeidian Port into a single facility to be named Tangshan Port. Hu Shining, director with the industry ...
Baosteel's parent promises to buyback at least USD 247 mln in shares if price drops.
Aug 01, 2005 ... Baosteel's parent promises to buyback at least USD 247 mln in shares if price drops Shanghai August 1 INTERFAX-CHINA-The parent of Shanghai-listed Baosteel, Shanghai Baoshan Iron & Steel Group (Baosteel Group), promised to buy back tradable stocks worth up to RMB 2 bln (USD ...
Fourth round of N. Korea negotiations may end Wednesday.
Aug 01, 2005 ... Fourth round of N. Korea negotiations may end Wednesday Beijing. August 1. INTERFAX-CHINA - The fourth round of six-nation negotiations on the North Korean nuclear problem may end on Wednesday, a North Korean source told Interfax on Monday. "Judging by the discussion ...
China press review for August 1, 2005 - The Evening Papers.
Aug 01, 2005 ... China press review for August 1, 2005 - The Evening Papers Shanghai. August 1. INTERFAX-CHINA - The following is a digest of China newspapers published on August 1. Interfax does not accept liability for information in these stories. Politics & Economics The first ...
China produced 110.88 mln tons coke in H1 2005, up 30.2% year on year.
Aug 01, 2005 ... China produced 110.88 mln tons coke in H1 2005, up 30.2% year on year Shanghai. August 1. INTERFAX-CHINA - China produced 110.88 mln tons coke in the first 6 months this year, increasing 30.2% year on year. North China's Shanxi Province contributed the largest output of coke ...
Former IBM PCD Greater China marketing director resigns from Lenovo International.
Aug 02, 2005 ... Former IBM PCD Greater China marketing director resigns from Lenovo International Shanghai. August 2. INTERFAX-CHINA - Mei Minling, Marketing Director for Lenovo International, Greater China, resigned at the end of July for personal reasons, Lenovo PR official Wu Xia told ...
Xiamen Xiangtone develops mobile phone search services using technology from Sybase.
Aug 02, 2005 ... Xiamen Xiangtone develops mobile phone search services using technology from Sybase Shanghai. August 2. INTERFAX-CHINA - Xiamen Xiangtone Information Technology has developed a new information search service for mobile phones using technology from Sybase, which will be launched ...
Valin Steel net profits grow 18.74% in the first half.
Aug 02, 2005 ... Valin Steel net profits grow 18.74% in the first half Shanghai August 2 INTERFAX-CHINA - Shenzhen listed Valin Steel announced a 18.74% growth its net profits in the first half, while its primary operation revenue jumped by 47.90%. The company said due to the declining price of ...
China IT & Telecom daily news headlines, August 2, 2005.
Aug 02, 2005 ... China IT & Telecom daily news headlines, August 2, 2005 Shanghai. August 2. INTERFAX-CHINA - This is a summary of IT and Telecom headline news in China today. 1) The price of mobile phones on the Chinese market will further decline in the second half of 2005 as demand ...
CISA opposes the reintroduction of steel product futures- Executive.
Aug 02, 2005 ... CISA opposes the reintroduction of steel product futures- Executive Shanghai August 2 INTERFAX-CHINA-The China Iron & Steel Association (CISA)has come out against the reintroduction of steel product futures, which are being advocated by the Shanghai Futures Exchange. Executives ...
China produced less refined copper than it consumed in June.
Aug 02, 2005 ... China produced less refined copper than it consumed in June Shanghai. August 2. INTERFAX-CHINA - China produced 212,400 tons of refined copper and consumed 354,843 tons of the metal in June. The net imports were 142,433 tons, according to the National Bureau of Statistics (NBS) ...
China's stock market returns above 1,100-point mark thanks to late trade rally.
Aug 02, 2005 ... China's stock market returns above 1,100-point mark thanks to late trade rally Shanghai. August 2. INTERFAX-CHINA - China's stock market finished positively for the second straight trading session of the week thanks to another late trading rally led by crude refiners and ...
China Energy daily news headlines, August 2, 2005.
Aug 02, 2005 ... China Energy daily news headlines, August 2, 2005 Shanghai. August 2. INTERFAX-CHINA - This is a summary of headline news in Energy in China today. The Ningxia Coal-to-Oil Project will require USD 3.7 bln and be launched in 2008, local officials have told Interfax. It ...
Oversupply expected on Chinese handset market in H2 2005, Ministry of Commerce predicts.
Aug 02, 2005 ... Oversupply expected on Chinese handset market in H2 2005, Ministry of Commerce predicts Shanghai. August 2. INTERFAX-CHINA - The price of mobile phones on the Chinese market will further decline in the second half of 2005 as demand drops and output increases, the Chinese ...
Gamania to start public testing of Sony's "EverQuest II" online game in China on August 23.
Aug 02, 2005 ... Gamania to start public testing of Sony's "EverQuest II" online game in China on August 23 Shanghai. August 2. INTERFAX-CHINA - Gamania Digital Entertainment will begin public testing of the Sony developed online game "EverQuest II" in Mainland China on August 23, 2005, Gamania ...
HiSense explores possibility of acquiring Kelon, whose chairman was arrested for embezzlement.
Aug 02, 2005 ... HiSense explores possibility of acquiring Kelon, whose chairman was arrested for embezzlement Shanghai. August 2. INTERFAX-CHINA - HiSense, a leading Chinese home electronics maker, is now looking into the possibility of acquiring financially troubled Guangdong Kelon Electrical ...
Annual crude demand will hit 318 mln tons - DRC.
Aug 02, 2005 ... Annual crude demand will hit 318 mln tons - DRC Shanghai. August 2. INTERFAX-CHINA - China's annual crude demand will hit 318 mln tons in 2005, a year-on-year growth of 9.7%, said a research report of the Development Research Center under the State Council (DRC). The ...
China's supply of steel exceeded demand in first five months.
Aug 02, 2005 ... China's supply of steel exceeded demand in first five months Shanghai. August 2. INTERFAX-CHINA - China's supply of steel exceeded demand in the first five months of this year, causing prices to drop, stockpiles to surge and accounts receivable to swell, China's Ministry of ...
N. Korea thinks six-nation talks may end Wednesday.
Aug 02, 2005 ... N. Korea thinks six-nation talks may end Wednesday Beijing. August 2. INTERFAX-CHINA - The North Korean delegation believes the fourth round of talks on the Korean nuclear problem may end on Wednesday, an informed source told Interfax on Tuesday. Asked to comment on ...
Shanghai fuel oil futures mixed.
Aug 02, 2005 ... Shanghai fuel oil futures mixed Shanghai. August 2. INTERFAX-CHINA - Fuel oil futures on the Shanghai Futures Exchange (SHFE) ended mixed on Tuesday with traders reacting to the sluggish domestic physical fuel oil market and the upbeat international crude futures. Speculators on ...