China Business News back issues from March 2008:
Russia-Hong Kong trade totaled $1.3 billion in 2007 (Repeat).
Mar 03, 2008 ... Russia-Hong Kong trade totaled $1.3 billion in 2007 (Repeat) Moscow. March 3. INTERFAX - Trade between Russia and China's special administrative district, Hong Kong, amounted to $1.3 billion last year, Director General of the Hong Kong Economic and Trade Office in London Sarah ...
The SCO exercise to become regular - secretary general (Repeat).
Mar 03, 2008 ... The SCO exercise to become regular - secretary general (Repeat) Moscow. March 3. INTERFAX-AVN - The Peace Mission anti-terrorist exercise within the framework of the Shanghai Cooperation Organization (SCO) will become a regular event, SCO Secretary General Bolat Nurgaliyev said ....
KazTransGas, Trans-Asia Gas Pipeline set up JV to build Kazakh-Chinese gas pipeline (Repeat).
Mar 03, 2008 ... KazTransGas, Trans-Asia Gas Pipeline set up JV to build Kazakh-Chinese gas pipeline (Repeat) Almaty. March 3. INTERFAX - The Kazakh state gas transportation company KazTransGas, which is incorporated in the national oil and gas company KazMunayGas, and Trans-Asia Gas Pipeline ...
Yunnan Aluminum faces surge in production costs due to power price policy.
Mar 03, 2008 ... Yunnan Aluminum faces surge in production costs due to power price policy Shanghai. March 3. INTERFAX-CHINA - Shenzhen-listed Yunnan Aluminum Co. Ltd.'s production costs for this year will be nearly RMB 200 million ($28.15 million) more than last year's, as the local ...
Guangxi medical staff turn down over $30,000 in bribes last year.
Mar 03, 2008 ... Guangxi medical staff turn down over $30,000 in bribes last year Shanghai. March 3. INTERFAX-CHINA - The health department in southwestern China's Guangxi Zhuang Autonomous Region announced today that medical staff across the region turned down RMB 228,100 ($30,985.92) in cash ...
Kazakh-Chinese Pipeline posts $7 mln net profit in 2007 (Repeat).(Financial report)
Mar 03, 2008 ... Kazakh-Chinese Pipeline posts $7 mln net profit in 2007 (Repeat) Almaty. March 3. INTERFAX - Kazakh-Chinese Pipeline LLP Joint Venture owning Atasu-Alashankou posted a net profit of 837,126,000 tenge (about $7 million) in 2007 against losses of 558,787,000 tenge in 2006, the ...
China standardizes management of blood plasma collection stations.
Mar 03, 2008 ... China standardizes management of blood plasma collection stations By Karl Zhong Shanghai. March 3. INTERFAX-CHINA - The Ministry of Health announced on Friday that a new regulation aimed at standardizing the operations of blood plasma collection stations across China would ...
Beijing adopts Euro IV standard for gasoline from March 1.
Mar 03, 2008 ... Beijing adopts Euro IV standard for gasoline from March 1 Shanghai. March 3. INTERFAX-CHINA - Beginning last Saturday, Beijing has fully adopted a national emission standard for gasoline equivalent to that of the Euro IV standard in the run-up to the Olympic Games, an official ...
Shell Group signed 16 technology transfer agreements with China in the past five years - official.
Mar 03, 2008 ... Shell Group signed 16 technology transfer agreements with China in the past five years - official Beijing. March 3. INTERFAX-CHINA - Shell Group has signed 16 agreements to allow the transfer of the company's coal-gasification technology to its Chinese counterparts in the past ...
Huawei to tap overseas markets through Brightstar.
Mar 03, 2008 ... Huawei to tap overseas markets through Brightstar Shanghai. March 3. INTERFAX-CHINA - Huawei Technologies Co. Ltd. has signed a strategic cooperation agreement with Brightstar Corp., an American telecom solutions provider, which will help Huawei sell its terminal products in ...
Kunming to open medical service market to private sector.
Mar 03, 2008 ... Kunming to open medical service market to private sector By Lizzy Li Shanghai. March 3. INTERFAX-CHINA - Kunming, the capital city of southwestern China's Yunnan Province, announced today that it is embarking on a new policy in which it hopes to see the private sector own 70 ...
China's oil product demand to rise 6.5 pct in 2008 - Sinopec expert.(Conference notes)
Mar 03, 2008 ... China's oil product demand to rise 6.5 pct in 2008 - Sinopec expert Shanghai. March 3. INTERFAX-CHINA - China's oil product demand will rise 6.5 percent year-on-year in 2008, with gasoline demand growth outstripping that of diesel, state media quoted a China Petroleum & ...
Draft Energy Law will not feature at upcoming National People's Congress.
Mar 03, 2008 ... Draft Energy Law will not feature at upcoming National People's Congress Shanghai. March 3. INTERFAX-CHINA - The draft Energy Law has not yet been submitted to the State Council, a vital step before it gets put to the vote by the National People's Congress (NPC), an industry ...
Ningbo Bird to sell its 50 pct stake in Ningbo Bird Sagem Electronics to Sagem Mobile.
Mar 03, 2008 ... Ningbo Bird to sell its 50 pct stake in Ningbo Bird Sagem Electronics to Sagem Mobile Shanghai. March 3. INTERFAX-CHINA - Ningbo Bird Co. Ltd., a Chinese mobile communications equipment manufacturer, announced on Saturday that it plans to sell its 50 percent stake in Ningbo Bird ...
3Com to reconvene shareholder meeting to discuss Bain, Huawei buyout due to U.S. security concerns.
Mar 03, 2008 ... 3Com to reconvene shareholder meeting to discuss Bain, Huawei buyout due to U.S. security concerns Shanghai. March 3. INTERFAX-CHINA - Nasdaq-listed American network equipment manufacturer 3Com Corp. announced last week that its shareholder meeting scheduled for Feb. 29 will ...
China to expand telephone services to 24,000 villages this year.
Mar 03, 2008 ... China to expand telephone services to 24,000 villages this year Shanghai. March 3. INTERFAX-CHINA - China will extend telephone services to 24,000 villages this year, according to a plan formulated by China's Ministry of Information Industry (MII), Chinese media reported last ...
MII reorganization plan drafted - report.
Mar 03, 2008 ... MII reorganization plan drafted - report Shanghai. March 3. INTERFAX-CHINA - China's Ministry of Information Industry (MII) will merge with other government bodies into a new entity named the "Ministry of Industry and Information", under the State Council Reorganization Plan, ...
Haikou City announces energy plan for next five years.
Mar 03, 2008 ... Haikou City announces energy plan for next five years Beijing. March 3. INTERFAX-CHINA - Hainan Province's city of Haikou will spend RMB 4.072 billion ($572.56 million) for the development of 43 energy projects in the next five years, according to the city's five-year plan that ...
Jilin Pharma overcomes net losses to post $2.65 mln net profit.(Financial report)
Mar 03, 2008 ... Jilin Pharma overcomes net losses to post $2.65 mln net profit Shanghai. March 3. INTERFAX-CHINA - Shenzhen-listed Jilin Pharmaceutical Co. Ltd announced today that it has turned around net losses of previous years to record RMB 18.79 million ($2.65 million) in net profit last ...
China press review for March 3, 2008 - the morning papers.
Mar 03, 2008 ... China press review for March 3, 2008 - the morning papers China press review for March 3, 2008 - the morning papers Shanghai. March 3. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on March 3. Interfax does not accept liability for information in ...
Nepstar expanding business through policy of acquisitions.
Mar 03, 2008 ... Nepstar expanding business through policy of acquisitions Shanghai. March 3. INTERFAX-CHINA - China Nepstar Chain Drugstore Ltd., the drugstore chain with the largest number of directly operated retail outlets in China, is pursuing acquisition opportunities in different cities, ...
China's soy oil imports may reach 370,000 tons in February.
Mar 03, 2008 ... China's soy oil imports may reach 370,000 tons in February Shanghai. March 3. INTERFAX-CHINA - China's February soy oil imports may reach 370,000 tons, representing a surge in volume when compared to January's imports, according to a COFCO Futures report released yesterday. ...
China press review for March 3, 2008 - the evening papers.
Mar 03, 2008 ... China press review for March 3, 2008 - the evening papers Shanghai. March 3. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on Mar. 3. Interfax does not accept any liability for information contained in these reports. Government and Policy ...
SCO to intensify activities in Afghanistan - secretary general (Repeat).
Mar 03, 2008 ... SCO to intensify activities in Afghanistan - secretary general (Repeat) Moscow. March 3. INTERFAX-AVN - Member states of the Shanghai Cooperation Organization (SCO) intend to intensify their operations in Afghanistan to deal with the threats and challenges originating from ...
China Steel becomes first nickel pig iron producer to float.
Mar 03, 2008 ... China Steel becomes first nickel pig iron producer to float Shanghai. March 3. INTERFAX-CHINA - China Steel Australia Ltd., a major nickel pig iron producer in China, commenced trading on the Australian Securities Exchange (ASX) on Feb. 29, the ASX announced recently, and as a ...
China's soy meal spot price up $11.26 per ton last week.
Mar 03, 2008 ... China's soy meal spot price up $11.26 per ton last week Shanghai. March 3. INTERFAX-CHINA - Soy meal spot prices in China rose by an average of RMB 80 ($11.26) per ton last week, from Feb. 25 to Mar. 2, as rising soybean purchase prices pushed up soy meal production ...
China to boost diesel imports in March - analyst.
Mar 03, 2008 ... China to boost diesel imports in March - analyst Shanghai. March 3. INTERFAX-China will increase diesel oil imports in March due to growing demand, an analyst told Interfax today. "The diesel oil market is stable at the moment, but as farmers prepare [to sow crops] in ...
Indian iron ore CIF price edges up $3 to $193 per ton last week.
Mar 03, 2008 ... Indian iron ore CIF price edges up $3 to $193 per ton last week Shanghai. March 3. INTERFAX-CHINA - The average reference CIF price for grade 63.5 percent Indian iron ore fluctuated between $187 per ton and $193 per ton from Feb. 25 to Feb.29, up $3 per ton from the previous ...
China's iron ore stockpiles slip to 54.22 mln tons on Feb. 29.
Mar 03, 2008 ... China's iron ore stockpiles slip to 54.22 mln tons on Feb. 29 Shanghai. March 3. INTERFAX-CHINA - Iron ore stockpiles in China's 23 major ports slipped 2.95 percent from the previous week to 54.22 million tons on Feb. 29, due to declines in ports across the country with the ...
Two men arrested in Hunan for distributing Edison Chen scandal images.
Mar 03, 2008 ... Two men arrested in Hunan for distributing Edison Chen scandal images Shanghai. March 3. INTERFAX-CHINA - Two men have been arrested in Hunan Province for distributing images linked to the scandal surrounding Hong Kong star Edison Chen, state media reported over the weekend. ...
China Development Bank gets green light to go commercial - report.
Mar 03, 2008 ... China Development Bank gets green light to go commercial - report Shanghai. March 3. INTERFAX-CHINA - The China Development Bank, one of the country's three policy banks that help the government implement economic plans, has received State Council approval to launch commercial ...
India overtakes U.S.A. as largest cotton exporter to China in January.
Mar 03, 2008 ... India overtakes U.S.A. as largest cotton exporter to China in January Shanghai. March 3. INTERFAX-CHINA - India overtook the United States to become the largest cotton exporter to China in January, according to statistics from the General Administration of Customs. ...
Chinalco kicks off construction on Asia's largest light-gauge foil facility in Sichuan.
Mar 03, 2008 ... Chinalco kicks off construction on Asia's largest light-gauge foil facility in Sichuan Shanghai. March 3. INTERFAX-CHINA - The Aluminum Corporation of China Group (Chinalco), China's largest alumina and aluminum producer, kicked off construction on a 100,000-ton light-gauge foil ...
Print advertising remains 51job's main revenue source in Q4 2007.(Financial report)
Mar 04, 2008 ... Print advertising remains 51job's main revenue source in Q4 2007 Shanghai. March 4. INTERFAX-CHINA - Nasdaq-listed 51job.com, an online human resources service provider, saw fourth-quarter advertising revenue from its print publication 51job Weekly increase 9.2 percent ...
China's copper imports may reach 140,000 tons in March - analyst.
Mar 04, 2008 ... China's copper imports may reach 140,000 tons in March - analyst Shanghai. March 4. INTERFAX - China's refined copper imports may reach as high as 140,000 tons in March, up 9.38 percent from January, due to increasing market demand, an industry analyst told Interfax Monday. ...
China may approve securities credit trading this year - CSRC.
Mar 04, 2008 ... China may approve securities credit trading this year - CSRC Shanghai. March 4. INTERFAX-CHINA - China may give the green light to securities credit trading within the year, depending on the progress of infrastructure preparations, a senior China Securities Regulatory Commission ...
Enlight Media scotches Hurray merger failure rumors.
Mar 04, 2008 ... Enlight Media scotches Hurray merger failure rumors Beijing. March 4. INTERFAX-CHINA - A rumor that the merger between Chinese media company Enlight Media and wireless value-added service provider Hurray has been halted was dismissed by an Enlight Media official today. ...
China aims to limit CPI growth to 4.8 pct year-on-year for 2008.
Mar 04, 2008 ... China aims to limit CPI growth to 4.8 pct year-on-year for 2008 Shanghai. March 4. INTERNFAX-CHINA - A senior Chinese government official has confirmed China's target to limit growth of the consumer price index (CPI) in 2008 to no more than 4.8 percent on an annual basis, state ...
SFDA completes rollout of affordable generic drugs.
Mar 04, 2008 ... SFDA completes rollout of affordable generic drugs Shanghai. March 4. INTERFAX-CHINA - China's State Food and Drug Administration announced on Friday that it has completed rolling out the first batch of inexpensive and commonly used generic drugs, which form part of a systematic ...
Chinese software supplier wants more government support for software and IC industries.
Mar 04, 2008 ... Chinese software supplier wants more government support for software and IC industries Beijing. March 4. INTERFAX-CHINA - Wang Wenjing, chairman and CEO of UFIDA Software Co. Ltd., the largest management software supplier in China, told Interfax yesterday that he will lobby the ...
Shanghai Modern Pharma posts 84.77 pct year-on-year net profit growth in 2007.(Financial report)
Mar 04, 2008 ... Shanghai Modern Pharma posts 84.77 pct year-on-year net profit growth in 2007 Shanghai. March 4. INTERFAX-CHINA - Shanghai Modern Pharmaceutical Co. Ltd. announced today that its net profit increased 84.77 percent year- on-year in 2007 to hit RMB 94.03 million ...
Yunnan produces 1.19 mln tons of sugar by February's end.
Mar 04, 2008 ... Yunnan produces 1.19 mln tons of sugar by February's end Shanghai. March 4. INTERFAX-CHINA - Southern China's Yunnan Province, the country's second largest sugar producing region, produced 1.19 million tons of sugar by the end of February, according to statistics by the Yunnan ...
China Netcom selects UTStarcom to serve Safe-City project in Benxi City.
Mar 04, 2008 ... China Netcom selects UTStarcom to serve Safe-City project in Benxi City Shanghai. March 4. INTERFAX-CHINA - UTStarcom Inc., an IP-based, end- to-end networking solution and service provider, announced yesterday that its IPVS system, an IP video surveillance solution based on ...
Alliance Boots strengthens presence in China.
Mar 04, 2008 ... Alliance Boots strengthens presence in China By Lizzy Li Shanghai. March 4. INTERFAX-CHINA - Alliance Boots, the largest European pharmaceutical distributor, is further expanding its presence in China through a joint-venture deal, Alliance Boots told Interfax today. ...
Chinese equities plunge ahead of Ping'an Insurance shareholders meeting.(Conference news)
Mar 04, 2008 ... Chinese equities plunge ahead of Ping'an Insurance shareholders meeting Shanghai. March 4. INTERFAX-CHINA - Chinese equities plunged on Tuesday as investors trimmed positions ahead of Ping'an Insurance's shareholders conference that is scheduled for tomorrow, which will see ...
Phase one trials of HUYA's Chinese anti-arrhythmic compound shows promise.
Mar 04, 2008 ... Phase one trials of HUYA's Chinese anti-arrhythmic compound shows promise Shanghai. March 4. INTERFAX-CHINA - HUYA Bioscience International, a China-based company that engages in commercializing Chinese-developed biotechnology in the United States, announced yesterday that data ...
China Unicom launches mobile payment service in Qingdao.
Mar 04, 2008 ... China Unicom launches mobile payment service in Qingdao Beijing. March 4. INTERFAX-CHINA - China Unicom and China UnionPay, China's nationwide inter-bank network provider, have jointly launched a mobile payment service in Qingdao, an official at China Unicom's Shandong ...
China press review for March 4, 2008 - the morning papers.
Mar 04, 2008 ... China press review for March 4, 2008 - the morning papers Shanghai. March 4. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on March 4. Interfax does not accept liability for information in these stories. Politics & Economics The first ...
Number of mobile phone users up, fixed-line users down in January.
Mar 04, 2008 ... Number of mobile phone users up, fixed-line users down in January Shanghai. March 4. INTERFAX-CHINA - The number of mobile phone users in China increased by 8.48 million in January, while fixed-line phone subscribers decreased by 1.50 million households, according to a report ...
Guangxi grain reserves to reach 1 mln tons this year.
Mar 04, 2008 ... Guangxi grain reserves to reach 1 mln tons this year Shanghai. March 4. INTERFAX-CHINA - Grain reserves in southern China's Guangxi Zhuang Autonomous Region will reach 1 million tons this year, and edible oil reserves will rise to 15,000 tons from last year's 5,000 tons, ...
Shenhua Group to produce oil from its coal-to-liquid project in September.
Mar 04, 2008 ... Shenhua Group to produce oil from its coal-to-liquid project in September Beijing. March 4. INTERFAX-CHINA - Shenhua Group Corp. Ltd.'s coal-to- liquid project will begin producing oil in September, an official from the company told Interfax today. According to the ...
Yellow Mountain Tianmu Biopharmaceutical Park under construction.
Mar 04, 2008 ... Yellow Mountain Tianmu Biopharmaceutical Park under construction Shanghai. March 4. INTERFAX-CHINA - Construction began on the Yellow Mountain Tianmu Biopharmaceutical Park in eastern China, in Huangshan City's Yellow Mountain Economic Zone, at the end of February, a local ...
China press review for March 4, 2008 - the evening papers.
Mar 04, 2008 ... China press review for March 4, 2008 - the evening papers Shanghai. March 4. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on March 4, 2008. Interfax does not accept any liability for information contained in these reports. Government and ...
China releases stats for steel product imports and exports in January.
Mar 04, 2008 ... China releases stats for steel product imports and exports in January Shanghai. March 4. INTERFAX-CHINA - China exported 4.13 million tons of steel products in January 2008, down 3.10 percent year-on-year and plummeting 13.65 percent from December 2007, the General ...
Non-Chalco alumina producers cut spot alumina price to $506 per ton.
Mar 04, 2008 ... Non-Chalco alumina producers cut spot alumina price to $506 per ton Shanghai. March 4. INTERFAX-CHINA - China's major non-Chalco alumina producers cut spot alumina prices from RMB 3,800 ($533.90) per ton to RMB 3,600 ($505.80) per ton yesterday, due to current sluggish demand in ...
Oil giants to import 480,000 tons of oil products this month on potential fall in China's refining capacity - analyst.
Mar 04, 2008 ... Oil giants to import 480,000 tons of oil products this month on potential fall in China's refining capacity - analyst Beijing. March 4. INTERFAX-CHINA - China National Petroleum Corp. (CNPC) and China Petrochemical Corp. (Sinopec Group) will import 480,000 tons of oil products ...
CSRC finds problems with business practices of Amoi Electronics.
Mar 04, 2008 ... CSRC finds problems with business practices of Amoi Electronics By Zhang Danwei Shanghai. March 4. INTERFAX-CHINA - The China Securities Regulatory Commission (CSRC) has found problems in Amoi Electronics Co. Ltd.'s business practices, including unclear sales practices, ...
Shandong independent refineries contribute about 6 pct to total oil product output last year.
Mar 04, 2008 ... Shandong independent refineries contribute about 6 pct to total oil product output last year Shanghai. March 4. INTERFAX-CHINA - Local independent refineries in Shandong Province recorded an oil product output of more than 10 million tons last year, accounting for 5 percent to 6 ...
Shanghai fuel oil futures give back gains on profit taking.
Mar 04, 2008 ... Shanghai fuel oil futures give back gains on profit taking Shanghai. March 4. INTERFAX-CHINA - Shanghai fuel oil futures gave back their gains today on profit taking but were still well supported by the bullish prospect for international crude oil prices. NYMEX crude ...
MOFCOM opposes U.S. dual investigation into Chinese stainless pipe exports.
Mar 04, 2008 ... MOFCOM opposes U.S. dual investigation into Chinese stainless pipe exports Shanghai. March 4. INTERFAX-CHINA - China's Ministry of Commerce (MOFCOM) has expressed strong oppositions to the U.S. Department of Commerce's (DOC) recent dual anti-dumping and countervailing duty ...
Jilin Province may plant 17.1 pct more soybeans this year.
Mar 04, 2008 ... Jilin Province may plant 17.1 pct more soybeans this year Shanghai. March 4. INTERFAX-CHINA - Farmers in northeastern China's Jilin Province intend to plant 7.81 million mu (520,667 hectares) of soybeans this year, up 17.12 percent year-on-year, while overall crop cultivation ...
China's rubber imports exhibit robust growth in January.
Mar 04, 2008 ... China's rubber imports exhibit robust growth in January Shanghai. March 4. INTERFAX-CHINA - China's rubber import increased 13.3 percent year-on-year in January to 170,920 tons, according to statistics by the General Administration of Customs. Imports of synthetic ...
Two die in nitrogen-filled furnace at Baosteel Group.
Mar 04, 2008 ... Two die in nitrogen-filled furnace at Baosteel Group Shanghai. March 4. INTERFAX-CHINA - Two Baosteel Group employees suffocated to death in Shanghai on Monday while carrying out routine maintenance work in a nitrogen-filled furnace, a Baosteel Group official told Interfax ...
China's domestic mobile phone shipments rise in January.
Mar 04, 2008 ... China's domestic mobile phone shipments rise in January Shanghai. March 4. INTERFAX-CHINA - Domestic shipments of both GSM and CDMA mobile phones continued their upward momentum in January 2008, according to Interfax research figures. In January, 15.89 million GSM ...
China will follow WTO rules in dealing with financial information controls dispute - MOFCOM.
Mar 04, 2008 ... China will follow WTO rules in dealing with financial information controls dispute - MOFCOM Shanghai. March 4. INTERFAX-CHINA - China's Ministry of Commerce (MOFCOM) said on its official Web site this morning that it will follow WTO rules to deal with its dispute with the ...