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China Business News articles from September 2008

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<a href="http://www.highbeam.com/China+Business+News/publications.aspx?date=200809" title="Articles and back issues from China Business News">China Business News articles</a>

China Business News back issues from September 2008:

China's futures turnover tops $6.10 trillion in first eight months.

Sep 01, 2008 ... China's futures turnover tops $6.10 trillion in first eight months Shanghai. September 1. INTERFAX-CHINA - China's three futures markets recorded total trading turnover of RMB 48.13 trillion ($7.03 trillion) in the first eight months of this year, representing an annual ...

China.com teams up with Caixun.com to provide financial information service.

Sep 01, 2008 ... China.com teams up with Caixun.com to provide financial information service Beijing. September 1. INTERFAX-CHINA - China.com, a Chinese news portal, wireless value-added service provider and online game operator, and Caixun.com, an investment information portal, announced on ...

Hong Kong oil company secures funds for gas business expansion.

Sep 01, 2008 ... Hong Kong oil company secures funds for gas business expansion Shanghai. September 1. INTERFAX-CHINA - Fortune Oil Plc, a Hong Kong- registered oil company, announced on Sept. 1 that it has signed agreements to secure $72 million in investment that will be used to expand its gas ...

China press review for September 1, 2008 - the morning papers.

Sep 01, 2008 ... China press review for September 1, 2008 - the morning papers Shanghai. September 1. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on Sept. 1. Interfax does not accept any liability for information contained in these reports. Government & ...

China's iron ore stockpiles up to 74.46 mln tons by August 29.

Sep 01, 2008 ... China's iron ore stockpiles up to 74.46 mln tons by August 29 Shanghai. September 1. INTERFAX-CHINA - Iron ore stockpiles at China's 23 major ports reached 74.46 million tons on Friday, Aug. 29, up 3.43 percent from Aug. 22, while Indian iron ore stockpiles increased by 2.02 ...

China and Turkmenistan to expand gas cooperation (repeat).

Sep 01, 2008 ... China and Turkmenistan to expand gas cooperation (repeat) Ashgabat. September 1. INTERFAX - Turkmenistan and China signed five bilateral documents, including a framework agreement between Turkmengaz and China National Petroleum Corp. (CNPC), during Chinese leader Hu Jintao's ...

Suning surpasses Gome in revenue, net profit growth.(Financial report)

Sep 01, 2008 ... Suning surpasses Gome in revenue, net profit growth Shanghai. September 1. INTERFAX-CHINA - Suning Appliance Co. Ltd., China's second-largest electronics retailer, announced that it experienced faster growth in total revenue and net profit than its biggest rival, Gome Electrical ...

ZTE, K-Touch winners of China Telecom's CDMA mobile phone tender.

Sep 01, 2008 ... ZTE, K-Touch winners of China Telecom's CDMA mobile phone tender Shanghai. September 1. INTERFAX-CHINA - China Telecommunications Corp. (China Telecom) has selected ZTE Corp. to supply 900,000 CDMA mobile phones and Beijing Tianyu Communication Equipment Co. Ltd ....

Cooked poultry meat from Shandong back on EU menu.

Sep 01, 2008 ... Cooked poultry meat from Shandong back on EU menu Shanghai. September 1. INTERFAX-CHINA - The European Union has resumed imports of cooked poultry meat from northern China's Shandong Province after a six-year embargo on all poultry products from China, according to an ...

MoST to invest in biological research projects over next three years.

Sep 01, 2008 ... MoST to invest in biological research projects over next three years Shanghai. September 1. INTERFAX-CHINA - The Ministry of Science and Technology announced on Aug. 28 it will allocate no more than RMB 100 million ($14.64 million) to the research of biological technologies and ...

Deadline extension fails to encourage sales of padded out Chinese cotton stockpiles.

Sep 01, 2008 ... Deadline extension fails to encourage sales of padded out Chinese cotton stockpiles Shanghai. September 1. INTERFAX-CHINA - China's state cotton stockpiling program, a rescue measure intended to shore up plunging prices of Chinese-produced cotton, managed to purchase only half ...

CYIT establishes JV to develop TD-SCDMA business.

Sep 01, 2008 ... CYIT establishes JV to develop TD-SCDMA business Shanghai. September 1. INTERFAX-CHINA - Chongqing Chongyou Information Technology (Group) Co. Ltd. (CYIT) announced on Aug. 29 that it has established a joint venture with two state-owned investment firms to develop and ...

Chinalco looking to list copper business.

Sep 01, 2008 ... Chinalco looking to list copper business Shanghai. September 1. INTERFAX-CHINA - The Aluminum Corporation of China (Chinalco), China's largest aluminum and alumina producer, is planning to list its copper business in the future, a senior Chinalco official said at a press ...

Chalco net profit down 66 pct in H1 on higher costs, lower prices.

Sep 01, 2008 ... Chalco net profit down 66 pct in H1 on higher costs, lower prices Shanghai. September 1. INTERFAX-CHINA - The Aluminum Corporation of China Co. Ltd. (Chalco), the dual Shanghai and Hong Kong-listed subsidiary of China's largest aluminum and alumina producer, announced on Aug. 30 ...

Rosevrobank in sale talks, but not with ICBC (repeat).

Sep 01, 2008 ... Rosevrobank in sale talks, but not with ICBC (repeat) Moscow. September 1. INTERFAX - Rosevrobank has denied reports it is in sale talks with the Industrial and Commercial Bank of China (ICBC), China's largest bank. "We are not in talks on [our] sale to that bank ....

China considering strategic coal reserves.

Sep 01, 2008 ... China considering strategic coal reserves Shanghai. September 1. INTERFAX-CHINA - China's Ministry of Land Resources (MLR) recently recommended to the State Council, the country's top legislative body, that the country establish a national strategic coal reserve system, state ...

Chinalco biding time in Rio stake hike.

Sep 01, 2008 ... Chinalco biding time in Rio stake hike Shanghai. September 1. INTERFAX-CHINA - The Aluminum Corporation of China (Chinalco), the country's largest aluminum and alumina producer, is holding off on a move to increase its stake in Australia-based miner Rio Tinto Group, the ...

Coal shortages still troubling Guizhou Province.

Sep 01, 2008 ... Coal shortages still troubling Guizhou Province Shanghai. September 1. INTERFAX-CHINA - China's southwestern Guizhou Province, a major coal producer and power supplier for the country's coastal regions, is continuing to face severe thermal coal shortages due to its reliance on ...

Bayi Steel inks iron ore offtake agreement with Mongolian supplier.

Sep 01, 2008 ... Bayi Steel inks iron ore offtake agreement with Mongolian supplier Shanghai. September 1. INTERFAX-CHINA - Baosteel Group Xinjiang Bayi Iron and Steel Co. Ltd., a Xinjiang-based subsidiary of Baosteel Group, recently entered into an iron ore offtake agreement with Mongolia Altai ...

CCTV.com attracts 100 mln unique visitors during Beijing Olympics.

Sep 01, 2008 ... CCTV.com attracts 100 mln unique visitors during Beijing Olympics Shanghai. September 1. INTERFAX-CHINA - CCTV.com, the Web site of state- run broadcaster China Central Television, attracted over 100 million unique visitors during the 2008 Beijing Olympic Games, U.S. Web ...

Disney China adds new games to site in push to boost brand.

Sep 01, 2008 ... Disney China adds new games to site in push to boost brand Shanghai. September 1. INTERFAX-CHINA - Disney China has launched 45 new Web games on its Chinese site, bringing its total offering from 20 to 65, an official from the company told Interfax on Sept. 1. With ...

Henan's first wind farm spins up.

Sep 01, 2008 ... Henan's first wind farm spins up Beijing. September 1. INTERFAX-CHINA - Henan Province's first wind farm, constructed by China Datang Corp. in Sanmenxia City, has begun operation, the provincial government announced on Aug. 30. Construction began on the plant, which ...

China press review for September 1, 2008 - the evening papers.

Sep 01, 2008 ... China press review for September 1, 2008 - the evening papers Shanghai. September 1. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on Sept. 1. Interfax does not accept any liability for information contained in these reports. Government & ...

G8 inadequate without India, China - Putin (repeat).

Sep 01, 2008 ... G8 inadequate without India, China - Putin (repeat) Moscow. September 1. INTERFAX-AVN - Russian Prime Minister Vladimir Putin said on Aug. 28 that the Group of Eight most industrially developed nations is becoming inadequate without India and China. "The G8 as it is ...

Chinese equities plunge further on disappointing H1 earnings reports.(Financial report)

Sep 01, 2008 ... Chinese equities plunge further on disappointing H1 earnings reports Shanghai. September 1. INTERFAX-CHINA - Chinese equities plunged further on Sept. 1 on disappointing interim earnings reports from listed firms. As of Aug. 31, all 1,610 listed firms on both the ...

China's grain output to come to 494 mln tons this year - NGOIC.

Sep 01, 2008 ... China's grain output to come to 494 mln tons this year - NGOIC Shanghai. September 1. INTERFAX-CHINA - China's grain production in 2008 will exceed 494 million tons, which will keep prices steady at low levels for the entire year, according to an official from the National Grain ...

Chinese government pulls brake on CTL projects.

Sep 01, 2008 ... Chinese government pulls brake on CTL projects By Terry Wang Shanghai. September 1. INTERFAX-CHINA - The National Development and Reform Commission's (NDRC) recent decision to suspend the granting of approvals for new coal-to-liquids (CTL) projects aims to slow the development ...

SCO banks, EDB sign partnership memorandum (repeat).

Sep 01, 2008 ... SCO banks, EDB sign partnership memorandum (repeat) Astana. September 1. INTERFAX-KAZAKHSTAN - The Shanghai Cooperation Organization (SCO) Inter-Bank Union and Eurasian Development Bank (EDB) signed a memorandum of partnership on Aug. 28. The Development Bank of ...

Evraz could up Delong stake to 75 pct, says other China acquisitions possible (repeat).

Sep 01, 2008 ... Evraz could up Delong stake to 75 pct, says other China acquisitions possible (repeat) Moscow. September 1. INTERFAX - Russia's Evraz Group could increase its stake in Delong Holdings to 75 percent if its bid to acquire a controlling 51 percent stake in the Chinese steel trader ...

Inner Mongolia begins construction of 3600-MW coal-fired power plant.

Sep 01, 2008 ... Inner Mongolia begins construction of 3600-MW coal-fired power plant Beijing. September 1. INTERFAX-CHINA - A coal-fired power plant that will have an installed capacity of 3600 megawatts started construction in Hulunbeier City in the Inner Mongolia Autonomous Region on Aug ....

Wuyang Steel to construct 2.2 mln-ton plate rolling line.

Sep 01, 2008 ... Wuyang Steel to construct 2.2 mln-ton plate rolling line Shanghai. September 1. INTERFAX-CHINA - Wuyang Iron and Steel Co. Ltd., based in Henan Province's Pingdingshan City, plans to construct a 2.2 million-ton plate rolling line, which requires investment of RMB 6.85 billion ...

Yangtze River Delta to boast largest CRO cluster in the world by 2015 - insider.

Sep 01, 2008 ... Yangtze River Delta to boast largest CRO cluster in the world by 2015 - insider Shanghai. September 1. INTERFAX-CHINA - Eastern China's Yangtze River Delta is expected to host the single largest cluster of contract research organizations (CRO) by the year 2015, according to an ...

China press review for September 2, 2008 - the evening papers.

Sep 02, 2008 ... China press review for September 2, 2008 - the evening papers Shanghai. September 2. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on Sept. 2. Interfax does not accept any liability for information contained in these reports. Government & ...

Indian iron ore CIF prices down $8 from August 25 to August 29.

Sep 02, 2008 ... Indian iron ore CIF prices down $8 from August 25 to August 29 Shanghai. September 2. INTERFAX-CHINA - Average reference CIF (cost, insurance and freight) prices for Indian iron ore grading 63.5 percent fluctuated between $155 per ton to $160 per ton over the Aug. 25 to Aug. ...

TD-SCDMA business to be included in China Mobile Group's HK-listed arm.

Sep 02, 2008 ... TD-SCDMA business to be included in China Mobile Group's HK-listed arm Shanghai. September 2. INTERFAX-CHINA - China Mobile Communications Corp. (China Mobile Group) is considering including its TD-SCDMA business in its Hong Kong-listed arm, China Mobile Ltd. (China Mobile ...

Minmetals Development net profit up 173.86 pct year-on-year in H1.(Financial report)

Sep 02, 2008 ... Minmetals Development net profit up 173.86 pct year-on-year in H1 Shanghai. September 2. INTERFAX-CHINA - Minmetals Development Co. Ltd., a Shanghai-listed subsidiary of China Minmetals Corp., recorded a net profit increase of 173.86 percent year-on-year to RMB 1.69 billion ...

Hunan Nonferrous' Abra acquisition gets green light from Australian government.

Sep 02, 2008 ... Hunan Nonferrous' Abra acquisition gets green light from Australian government Shanghai. September 2. INTERFAX-CHINA - Hong Kong-listed Hunan Nonferrous Metals Corp. Ltd. notified the Australian Securities Exchange on Sept. 1 that it has received approval from Australia's ...

Roche increases marketing efforts in China as lymph cancer incidence rises.

Sep 02, 2008 ... Roche increases marketing efforts in China as lymph cancer incidence rises Shanghai. September 2. INTERFAX-CHINA - Shanghai Roche Pharmaceutical Co. Ltd. is increasing efforts to market its biological therapy drug MabThera in China as the incidence of lymphoma has been on the ...

China's export tariff on fertilizer products grows.

Sep 02, 2008 ... China's export tariff on fertilizer products grows Shanghai. September 2. INTERFAX-CHINA - The Chinese government will raise its export tariff on nitrogenous fertilizers and synthetic ammonia to 150 percent from the previous rate of 100 percent to ensure domestic supply, ...

CGNPC to sell stake in Shanghai wind farm project.

Sep 02, 2008 ... CGNPC to sell stake in Shanghai wind farm project Shanghai. September 2. INTERFAX-CHINA - A subsidiary of China Guangdong Nuclear Power Holding Co. Ltd. (CGNPC), a major Chinese nuclear power developer, plans to sell its stake in a Shanghai wind farm, state media reported on ...

Chalco to produce 3.56 mln tons of aluminum this year - president.

Sep 02, 2008 ... Chalco to produce 3.56 mln tons of aluminum this year - president Shanghai. September 2. INTERFAX-CHINA - The Aluminum Corporation of China Co. Ltd. (Chalco), the dual Shanghai and Hong Kong-listed subsidiary of China's largest aluminum and alumina producer Chinalco, is expected ...

PSV facilities unshaken by new Sichuan earthquake.

Sep 02, 2008 ... PSV facilities unshaken by new Sichuan earthquake Shanghai. September 2. INTERFAX-CHINA - The facilities of Shenzhen-listed Panzhihua New Steel and Vanadium Co. Ltd. (PSV) did not sustain any damages after a 6.1-magnitude earthquake shook Sichuan Province's Panzhihua City on ...

Floods swamp 6.63 mln hectares of crops in China by August's end.

Sep 02, 2008 ... Floods swamp 6.63 mln hectares of crops in China by August's end Shanghai. September 2. INTERFAX-CHINA - A total of 6.63 million hectares of China's cropland had been affected by floods by the end of August, the State Flood Control and Drought Relief Headquarters (SFDH) ...

MoH restructure plan gets State Council nod, to be completed by year's end.

Sep 02, 2008 ... MoH restructure plan gets State Council nod, to be completed by year's end By Karl Dehong Shanghai. September 2. INTERFAX-CHINA - China's State Council has approved the Ministry of Health's plan to reorganize its responsibilities, departments and personnel, and the process is ...

Spreadtrum's fate closely intertwined with TD-SCDMA - Spreadtrum CEO.

Sep 02, 2008 ... Spreadtrum's fate closely intertwined with TD-SCDMA - Spreadtrum CEO By Cindy Geng Beijing. September 2. INTERFAX-CHINA - Spreadtrum, a Nasdaq-listed Chinese chipset designer and manufacturer, is one of the main companies involved in the development of TD-SCDMA technology, ...

Chinese equities extend losses in thin volume.

Sep 02, 2008 ... Chinese equities extend losses in thin volume Shanghai. September 2. INTERFAX-CHINA - Chinese equities extended losses in thin trading volume on Sept. 2 led by weakening energy, financials and metals shares. The benchmark Shanghai composite index (SCI) softened 20.25 ...

High sugar-content food production shows strong growth in first seven months - NBS.

Sep 02, 2008 ... High sugar-content food production shows strong growth in first seven months - NBS Shanghai. September 2. INTERFAX-CHINA - High sugar-content food production in China maintained strong growth in the first seven months of this year, according to statistics released by the ...

Chinese publishers urged to go global with state support.(Conference notes)

Sep 02, 2008 ... Chinese publishers urged to go global with state support Beijing. September 2. INTERFAX-CHINA - The Chinese government is to grant favorable tax and export policies to domestic publishing companies to boost their cooperation with international companies and increase their global ...

Hunan TV's ad revenue up 102 pct month-on-month in July.

Sep 02, 2008 ... Hunan TV's ad revenue up 102 pct month-on-month in July Shanghai. September 1. INTERFAX-CHINA - Hunan TV, one of China's most popular TV stations, generated advertising revenue of RMB 181 million ($26.48 million) in July, up 102 percent month-on-month, according to Interfax ...

China press review for September 1, 2008 - the morning papers.

Sep 02, 2008 ... China press review for September 1, 2008 - the morning papers Shanghai. September 1. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on Sept. 1. Interfax does not accept any liability for information contained in these reports. Government & ...

Chinese nuclear energy experts to visit Minsk (repeat).

Sep 02, 2008 ... Chinese nuclear energy experts to visit Minsk (repeat) Minsk. September 2. INTERFAX - Chinese nuclear energy experts are to visit Minsk to explore cooperation opportunities regarding the construction of Belarus' first nuclear power plant, China's ambassador to Belarus said on ...

Datang Telecom to "gain little advantage" from handset company - analyst.

Sep 02, 2008 ... Datang Telecom to "gain little advantage" from handset company - analyst Shanghai. September 2. INTERFAX-CHINA - Shanghai-listed Datang Telecom Technology Co. Ltd. will gain little advantage from its agreement to acquire a 35 percent stake in handset design company UniScope ...

China's gold production up 5.22 pct to 152.51 tons in first seven months -CGA.

Sep 02, 2008 ... China's gold production up 5.22 pct to 152.51 tons in first seven months -CGA Shanghai. September 2. INTERFAX-CHINA - China produced 152.51 tons of gold in the first seven months of this year, an increase of 5.22 percent year-on-year, while China's July gold output stood at ...

Qinghai swerves from national policy with gas-fired power plan.

Sep 02, 2008 ... Qinghai swerves from national policy with gas-fired power plan Shanghai. September 2. INTERFAX-CHINA - Qinghai Province will build a number of gas-fired power plants over the next five years, state media reported on Aug. 29, representing a shift away the present national policy ...

China to release identification standards for online content.

Sep 02, 2008 ... China to release identification standards for online content Shanghai. September 2. INTERFAX-CHINA - China is drafting four national standards for identifying the authors of online digital works, which will comply with four ISO standards, an official with the Chinese Ministry of ...

China's soy meal spot prices stable though purchases weak.

Sep 02, 2008 ... China's soy meal spot prices stable though purchases weak Shanghai. September 2. INTERFAX-CHINA - Spot prices of soy meal remained mostly stable at high levels across China over the week ending Aug. 30 though sales volume dropped, according to price statistics provided by ...

Guangdong will not buy spot LNG till next year if prices stay high - insider.

Sep 03, 2008 ... Guangdong will not buy spot LNG till next year if prices stay high - insider Shanghai. September 3. INTERFAX-CHINA - China's southern Guangdong Province will not buy any new spot LNG (liquefied natural gas) cargoes for the rest of this year if LNG prices on the global market ...

China's ferrochrome prices to keep steady at current levels in Q4.

Sep 03, 2008 ... China's ferrochrome prices to keep steady at current levels in Q4 Xiamen. September 3. INTERFAX-CHINA - China's ferrochrome prices will remain steady at current high levels in the fourth quarter on high production costs from chrome ore and power, while rebounding demand from ...

Coal prices stable at Qinhuangdao Port while stockpiles increase.

Sep 03, 2008 ... Coal prices stable at Qinhuangdao Port while stockpiles increase Shanghai. September 3. INTERFAX-CHINA - Qinhuangdao Port, China's largest coal trans-shipment port, saw coal prices remain stable over the week of Aug. 25 to Sept. 2, while stockpiles continued to rise quickly, ...

China press review for September 3, 2008 - the morning papers.

Sep 03, 2008 ... China press review for September 3, 2008 - the morning papers Shanghai. September 3. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on Sept. 3. Interfax does not accept any liability for information contained in these reports. Government & ...

Simcere Pharma close to finishing phase four clinical trials on anti- tumor drug.

Sep 03, 2008 ... Simcere Pharma close to finishing phase four clinical trials on anti- tumor drug Shanghai. September 3. INTERFAX-CHINA - Simcere Pharmaceutical Group's anti-tumor drug, recombinant human endostatin, which is marketed as Endostar, will wrap up phase four clinical trials, or ...

Guangxi's sugar sales/output ratio at 82.08 pct by August's end.

Sep 03, 2008 ... Guangxi's sugar sales/output ratio at 82.08 pct by August's end Shanghai. September 3. INTERFAX-CHINA - China's largest sugar producing region, the Guangxi Zhuang Autonomous Region, recorded a sugar output/ sales ratio of 82.08 percent between November 2007 and August 2008, ...

China hopes conflict in Caucasus will be resolved through dialogue - Chinese Foreign Ministry (repeat).

Sep 03, 2008 ... China hopes conflict in Caucasus will be resolved through dialogue - Chinese Foreign Ministry (repeat) st1:*{behavior:url(#ieooui) } <!-- /* Font Definitions */ @font-face {font-family:??; panose-1:2 1 6 0 3 1 1 1 1 1; mso-font- alt:SimSun; mso-font-charset:134; ...

Chinese equities tumble to new low.

Sep 03, 2008 ... Chinese equities tumble to new low Shanghai. September 3. INTERFAX-CHINA - Chinese equities fell to a 21- month low in the week ending Sept. 3 over mounting concerns of slowing economic growth in China. The benchmark Shanghai composite index (SCI) slumped 120.70 ...

Chinese pharma companies start to look to global patents to boost value.

Sep 03, 2008 ... Chinese pharma companies start to look to global patents to boost value Shanghai. September 3. INTERFAX-CHINA - Chinese pharmaceutical companies, motivated by the premium placed on globally patented technologies by potential investors, are scrambling to apply for intellectual ...