China Business News back issues from October 2008:
Trading turnover of China's commodity futures tops $875.54 bln in September.
Oct 06, 2008 ... Trading turnover of China's commodity futures tops $875.54 bln in September st1:*{behavior:url(#ieooui) } Shanghai. October 6. INTERFAX-CHINA - Trading turnover on China's commodity futures markets topped RMB 5.80 trillion ($875.54 billion) in September this year, increasing ...
ZTE to supply first TD-HSDPA smartphone to China Mobile.
Oct 06, 2008 ... ZTE to supply first TD-HSDPA smartphone to China Mobile Shanghai. October 6. INTERFAX-CHINA - Chinese telecom equipment manufacturer ZTE Corp. expects to make the world's first high-end TD- HSDPA smartphone available on the market by the end of the year through mobile operator ...
China press review for October 6, 2008 - the morning papers.
Oct 06, 2008 ... China press review for October 6, 2008 - the morning papers Shanghai. October 6. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on Oct. 6. Interfax does not accept any liability for information contained in these reports. Government & ...
China completes over half of its autumn grain harvest.
Oct 06, 2008 ... China completes over half of its autumn grain harvest Shanghai. October 6. INTERFAX-CHINA - China has harvested 570 million mu (38 million hectares), or 51.6 percent, of its autumn grain crops, according to a Ministry of Agriculture announcement on Oct. 4. To date, ...
China to launch stock margin trading, short selling on trial basis.
Oct 06, 2008 ... China to launch stock margin trading, short selling on trial basis st1:*{behavior:url(#ieooui) } Shanghai. October 6. INTERFAX-CHINA - China will allow investors to buy stock using credit and to conduct short selling of stocks on a trial basis, the China Securities Regulatory ...
Min River hydropower plants withstood serious damage from quake - NDRC.
Oct 06, 2008 ... Min River hydropower plants withstood serious damage from quake - NDRC Shanghai. October 6. INTERFAX-CHINA - A National Development and Reform Commission (NDRC) survey showed that hydropower plants along the Min River have not sustained lasting damage from the Sichuan earthquake ...
CTGPC assets reach $23 bln after 15 years.
Oct 06, 2008 ... CTGPC assets reach $23 bln after 15 years Beijing. October 6. INTERFAX-CHINA - Total assets of China Three Georges Project Corp. (CTGPC), which runs the Three Georges Project in central China's Hubei Province, reached more than RMB 160 billion ($23.42 billion), as of the ...
Asian countries may be final stumbling block for BHP-Rio merger - analyst.
Oct 06, 2008 ... Asian countries may be final stumbling block for BHP-Rio merger - analyst By Ginger Ding Shanghai. October 6. INTERFAX-CHINA - The proposed acquisition by the world's biggest diversified miner BHP Billiton of its Australian counterpart Rio Tinto may face resistance from ...
Zhanjiang Port Group planning iron ore dock.
Oct 06, 2008 ... Zhanjiang Port Group planning iron ore dock Shanghai. October 6. INTERFAX-CHINA - Zhanjiang Port Group Co. Ltd. will build an iron ore dock that can berth 300,000-ton-class vessels as several Chinese steel mills have signed agreements to use the dock once construction completes ...
China's gold production up 3.43 pct to 173.32 tons in first eight months -CGA.
Oct 06, 2008 ... China's gold production up 3.43 pct to 173.32 tons in first eight months -CGA Shanghai. October 6. INTERFAX-CHINA - China produced 173.32 tons of gold in the first eight months of this year, an increase of 3.43 percent year-on-year, while gold output in August alone stood at ...
SMG ad revenue up 15 pct month-on-month in August.
Oct 06, 2008 ... SMG ad revenue up 15 pct month-on-month in August Shanghai. October 6. INTERFAX-CHINA - Shanghai Media Group, the second- largest media group in China, generated advertising revenues of RMB 238.17 million ($34.8 million) in August, up 15 percent month-on-month, according to ...
China Unicom gets go-ahead to use China Mobile's base stations.
Oct 06, 2008 ... China Unicom gets go-ahead to use China Mobile's base stations Shanghai. October 6. INTERFAX-CHINA - Plans for China Unicom to plug holes in its GSM coverage by using some of China Mobile's base stations have been approved by the Ministry of Industry and Information Technology ...
Chengdu to subsidize IPO expenses of electronics and IT companies.
Oct 06, 2008 ... Chengdu to subsidize IPO expenses of electronics and IT companies Shanghai. October 6. INTERFAX-CHINA - Chengdu's municipal government in southwestern Sichuan Province will hand out funds to aid the listing of local electronics and IT companies, domestic media reported on Oct ....
China Telecom begins CDMA takeover, to launch "189" prefix by year's end.
Oct 06, 2008 ... China Telecom begins CDMA takeover, to launch "189" prefix by year's end Shanghai. October 6. INTERFAX-CHINA - Hong Kong-listed China Telecom Corp. Ltd. announced on Oct. 2 that it has begun to take over China Unicom Ltd.'s CDMA business while Chinese media reported on the same ...
Dalian corn futures dive as market reopens.
Oct 06, 2008 ... Dalian corn futures dive as market reopens Shanghai. October 6. INTERFAX-CHINA - Corn futures on the Dalian Commodity Exchange were "irrational" with the most-traded contract collapsing to RMB 1,675 ($245.17) on Oct. 6, the first trading day after the Chinese National Day ...
China press review for October 6, 2008 - the evening papers.
Oct 06, 2008 ... China press review for October 6, 2008 - the evening papers st1:*{behavior:url(#ieooui) } Shanghai. October 6. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on Oct. 6. Interfax does not accept any liability for information contained in these reports ....
Baidu to cut costs through stake exchanges or partnerships - analyst.
Oct 06, 2008 ... Baidu to cut costs through stake exchanges or partnerships - analyst Shanghai. October 6. INTERFAX-CHINA - Chinese search giant Baidu.com will likely pursue stake exchanges or partnership programs to cut costs and free up resources in order to focus on its search and ...
Chinese equities plunge after weeklong holiday.
Oct 06, 2008 ... Chinese equities plunge after weeklong holiday Shanghai. October 6. INTERFAX-CHINA - Chinese equities nosedived on Oct. 6 as investors returned to the trading desk after the weeklong National Day holiday. Concerns over the deterioration of the global economy ...
Guangdong drafting rules for food and drug manufacturers.
Oct 06, 2008 ... Guangdong drafting rules for food and drug manufacturers Shanghai. October 6. INTERFAX-CHINA - The Guangdong Food Profession Union and the Guangdong Pharmaceutical Profession Association have begun co-drafting rules that will enable the province's food and pharmaceutical ...
China leaves sugar import quota unchanged at 1.945 mln tons for 2009.
Oct 06, 2008 ... China leaves sugar import quota unchanged at 1.945 mln tons for 2009 Shanghai. October 6. INTERFAX-CHINA - The Ministry of Commerce (MOFCOM) will keep China's sugar import quota for 2009 unchanged at 2008's level of 1.945 million tons, according to a MOFCOM announcement on ...
SHFE base metals may continue daily-limit drops.
Oct 06, 2008 ... SHFE base metals may continue daily-limit drops By Ginger Ding and Li Chunlan Shanghai. October 6. INTERFAX-CHINA - Base metals futures contracts on the Shanghai Futures Exchange (SHFE) may plunge by their daily limits on Oct. 7, the second session of trading after a weeklong ...
China press review for October 7, 2008 - the morning papers.
Oct 07, 2008 ... China press review for October 7, 2008 - the morning papers Shanghai. October 7. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on Oct. 7. Interfax does not accept any liability for information contained in these reports. Government & ...
China's iron ore stockpiles down to 73.85 mln tons by September 26.
Oct 07, 2008 ... China's iron ore stockpiles down to 73.85 mln tons by September 26 Shanghai. October 7. INTERFAX-CHINA - Iron ore stockpiles at China's 22 major ports reached 73.85 million tons on Friday, Sept. 26, down 2.8 percent from Sept. 19, while Indian iron ore stockpiles dropped by ...
Beijing hikes prices at the pump.
Oct 07, 2008 ... Beijing hikes prices at the pump Beijing. October 7. INTERFAX-CHINA - The Beijing Development and Reform Commission raised gasoline prices by RMB 200 ($29.26) per ton and diesel prices by RMB 290 ($42.43) per ton on Oct. 7, representing an average price rise of RMB 0.23 ($0.03) ...
Shanghai No. 1 Biochemical starts construction of lyophilized powder injection factory.
Oct 07, 2008 ... Shanghai No. 1 Biochemical starts construction of lyophilized powder injection factory Shanghai. October 7. INTERFAX-CHINA - Shanghai No. 1 Biochemical & Pharmaceutical Co. Ltd. recently started construction of a factory that will boast an annual capacity of 70 million vials of ...
Inner Mongolia tops wind power generation capacity in China.
Oct 07, 2008 ... Inner Mongolia tops wind power generation capacity in China Shanghai. October 7. INTERFAX-CHINA - Inner Mongolia Autonomous Region has 1,590 megawatts (MW) of wind power generation capacity, more than any other region in China, according to a National Development and Reform ...
Jiangxi Rare Earth sells stake in preparation for public listing.
Oct 07, 2008 ... Jiangxi Rare Earth sells stake in preparation for public listing Shanghai. October 7. INTERFAX-CHINA - Jiangxi Rare Earth and Rare Metals Tungsten Group recently completed a stake transfer to a Shanghai-based strategic partner, to change its status from a wholly state-owned ...
China press review for October 7, 2008 - the evening papers.
Oct 07, 2008 ... China press review for October 7, 2008 - the evening papers Shanghai. October 7. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on Oct. 7. Interfax does not accept any liability for information contained in these reports. Government & ...
Huawei drops to third place in domestic CDMA mobile handset shipments in August.
Oct 07, 2008 ... Huawei drops to third place in domestic CDMA mobile handset shipments in August Shanghai. October 7. INTERFAX-CHINA - Huawei Technologies Co. Ltd. has slipped to third place among mobile phone manufacturers by CDMA handset shipment volume in China, after holding the top spot for ...
DCE soybean futures to continue sliding.
Oct 07, 2008 ... DCE soybean futures to continue sliding Shanghai. October 7. INTERFAX-CHINA - Soybean and soybean derivatives futures on the Dalian Commodity Exchange fell by their daily maximum limits for two consecutive days, on Oct. 6 and Oct.7, and analysts are predicting contracts will ...
State stockpiled corn auction flops in northeastern China.
Oct 07, 2008 ... State stockpiled corn auction flops in northeastern China Shanghai. October 7. INTERFAX-CHINA - Only 25,200 tons of corn was sold at the weekly state stockpiled corn auction in northeastern China on Oct. 7, according to a National Grain & Oil Trade Center announcement. ...
Large-sized Chinese steelmakers to cut production by 20 pct.
Oct 07, 2008 ... Large-sized Chinese steelmakers to cut production by 20 pct Shanghai. October 7. INTERFAX-CHINA - Four large-sized Chinese steelmakers recently met in Handan City of northern China's Hebei Province and decided they will cut production by approximately 20 percent, state media ...
Henan rations natural gas supply to households to prepare for winter shortage.
Oct 07, 2008 ... Henan rations natural gas supply to households to prepare for winter shortage Shanghai. October 7. INTERFAX-CHINA - Central China's Henan Province has restricted natural gas supply to residents in its capital city to prepare for the coming winter peak consumption season, local ...
Chinese equities continue to tumble.
Oct 07, 2008 ... Chinese equities continue to tumble Shanghai. October 7. INTERFAX-CHINA - Chinese equities extended their losses on Oct. 7 with securities firms topping the list of losers due to heavy profit taking. Shares of securities firms spiked sharply in previous session, ...
China's sugar sales/output ratio reaches 89.6 pct in 2007/2008 season.
Oct 07, 2008 ... China's sugar sales/output ratio reaches 89.6 pct in 2007/2008 season Shanghai. October 7. INTERFAX-CHINA - The sugar sales/output ratio for the 2007/2008 season in China stands at 89.60 percent, according to statistics released by the China Sugar Association (CSA) on Oct. 6. ...
Unisplendour Guhan to strengthen biological business.
Oct 07, 2008 ... Unisplendour Guhan to strengthen biological business Shanghai. October 7. INTERFAX-CHINA - Unisplendour Guhan Group Co. Ltd., a leading manufacturer of traditional Chinese medicines (TCM) in central China's Hunan Province, will acquire a stake of almost 28 percent in Hunan Jinda ...
CNOOC Ltd. finishes drilling new well in Bohai Bay.
Oct 07, 2008 ... CNOOC Ltd. finishes drilling new well in Bohai Bay Beijing. October 7. INTERFAX-CHINA - CNOOC Ltd., the listed subsidiary of China National Offshore Oil Corp. (CNOOC), has finished drilling a new oil and gas well in eastern China's Bohai Bay, the company announced on Oct. 6. ...
Digital cable TV user base projected to jump 273 pct - SARFT official.
Oct 07, 2008 ... Digital cable TV user base projected to jump 273 pct - SARFT official Shanghai. October 7. INTERFAX-CHINA - China's accelerating migration to digital cable TV will lead to a user base of more than 45 million households by the end of this year, an official at the State ...
China National Coal Group revenue hits $9 bln in first three quarters.
Oct 07, 2008 ... China National Coal Group revenue hits $9 bln in first three quarters Shanghai. October 7. INTERFAX-CHINA - China National Coal Group Corp., China's second-largest coal producer, saw its revenue rise by 47.8 percent year-on-year to RMB 61.5 billion ($9 billion) during the first ...
Heilongjiang commences irrigation system expansion to boost grain output.
Oct 07, 2008 ... Heilongjiang commences irrigation system expansion to boost grain output Shanghai. October 7. INTERFAX-CHINA - Northeastern China's grain-rich Heilongjiang Province started expanding its irrigation system on Sept. 26 in an effort to boost local grain output, ...
MIIT penalizes 18 wireless value-added service providers for spamming.
Oct 07, 2008 ... MIIT penalizes 18 wireless value-added service providers for spamming Shanghai. October 7. INTERFAX-CHINA - China's Ministry of Industry and Information Technology (MIIT) announced on Oct. 6 that its local regulatory units recently suspended the operations of 18 wireless value- ...
Jinzhoucheng Moly to develop Hainan's largest molybdenum deposit.
Oct 07, 2008 ... Jinzhoucheng Moly to develop Hainan's largest molybdenum deposit Shanghai. October 7. INTERFAX-CHINA - Hainan Jinzhoucheng Molybdenum Co. Ltd. plans to construct a selecting facility at the largest molybdenum deposit in Hainan Province, the provincial government ...
Chalco cuts spot alumina prices by $43.89 per ton.
Oct 07, 2008 ... Chalco cuts spot alumina prices by $43.89 per ton Shanghai. October 7. INTERFAX-CHINA - The Aluminum Corporation of China Co. Ltd. (Chalco), China's largest alumina and aluminum producer, cut spot alumina prices by RMB 300 ($43.89), or 9.38 percent, to RMB 2,900 ($424.32) per ...
Beijing condemns U.S. plans to sell arms to Taiwan (repeat).
Oct 07, 2008 ... Beijing condemns U.S. plans to sell arms to Taiwan (repeat) Beijing. October 7. INTERFAX-CHINA - China has assailed the United States' decision to sell $6.5 billion worth of weapons to Taiwan, Chinese mass media reported, citing Chinese Foreign Ministry spokesman Liu Jianchao. ...
Kingsoft becomes Chinese online gaming royalty.
Oct 07, 2008 ... Kingsoft becomes Chinese online gaming royalty Shanghai. October 7. INTERFAX-CHINA - Chinese software and online game developer Kingsoft ranked ninth among Chinese online gaming companies by revenue in the third quarter of 2008, breaking into the top 10 for the first time, ...
Shanxi's coke producers continue to slash prices, production in October.
Oct 07, 2008 ... Shanxi's coke producers continue to slash prices, production in October Shanghai. October 7. INTERFAX-CHINA - Shanxi Province's coke producers jointly agreed to further lower prices by between RMB 200 ($14.63) and RMB 300 ($29.26) per ton, and cut production by 20 percent to 30 ...
Large port stockpiles keeping Chinese coal prices down.
Oct 07, 2008 ... Large port stockpiles keeping Chinese coal prices down Shanghai. October 7. INTERFAX-CHINA - China's coal prices continued falling over the past few weeks as a result of growing stockpiles at major ports, domestic media reported on Oct. 7, although industry experts do not ...
MIIT requires telecom operators to share infrastructure.
Oct 07, 2008 ... MIIT requires telecom operators to share infrastructure Shanghai. October 7. INTERFAX-CHINA - The Ministry of Industry and Information Technology (MIIT) announced on Oct. 6 that China's three leading telecom operators must share telecommunications infrastructure in order to ...
Full steam ahead for railway builder HPGI's China-Kazakhstan expansion plans.
Oct 08, 2008 ... Full steam ahead for railway builder HPGI's China-Kazakhstan expansion plans Shanghai. October 8. INTERFAX-CHINA - China's insatiable appetite for energy has spurred Alashankou Horizon Petroleum and Gas Inc. to draw up big plans to construct railway lines, especially ones that ...
China Mobile to trial GSM to TD-SCDMA number portability in three cities.
Oct 08, 2008 ... China Mobile to trial GSM to TD-SCDMA number portability in three cities Beijing. October 8. INTERFAX-CHINA - China Mobile Communications Corp. (China Mobile) has initiated number portability trials to allow mobile phone users to keep their existing GSM numbers and ...
China press review for October 8, 2008 - the evening papers.
Oct 08, 2008 ... China press review for October 8, 2008 - the evening papers st1:*{behavior:url(#ieooui) } Shanghai. October 8. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on Oct. 8. Interfax does not accept any liability for information contained in these reports ....
China Mobile to set up research center in Silicon Valley.
Oct 08, 2008 ... China Mobile to set up research center in Silicon Valley Beijing. October 8. INTERFAX-CHINA - China Mobile Communications Corp. (China Mobile) will set up a research and development center in Silicon Valley next year, a China Mobile official announced at a recent ...
China's winter wheat acreage stable this year - MoA.
Oct 08, 2008 ... China's winter wheat acreage stable this year - MoA Shanghai. October 8. INTERFAX-CHINA - China's winter wheat acreage in the 2008/2009 season is expected to remain stable when compared to the previous season's level of over 21.35 million hectares, according to a forecast by the ...
Beijingers spend $146.01 mln on animation, comics and games in 2007.
Oct 08, 2008 ... Beijingers spend $146.01 mln on animation, comics and games in 2007 Beijing. October 8. INTERFAX-CHINA - The market for animation, comics and games in Beijing was worth a total of RMB 1 billion ($146.01 million) in 2007, according to China Center for Information Industry ...
SHFE fuel oil futures continue downtrend.
Oct 08, 2008 ... SHFE fuel oil futures continue downtrend Shanghai. October 8. INTERFAX-CHINA - Fuel oil futures on the Shanghai Futures Exchange (SHFE) continued to fall on Oct. 8 despite an overnight rebound in U.S. crude, with the most traded 2008 December contract closing at RMB 3,646 ...
Beijing Donghuayuan develops new TCM machine.
Oct 08, 2008 ... Beijing Donghuayuan develops new TCM machine Shanghai. October 8. INTERFAX-CHINA - Beijing Donghuayuan Medical Equipment Co. Ltd. has successfully developed a new machine for the preparation of traditional Chinese medicines (TCM), a company official told Interfax on Oct. 7. ...
China press review for October 8, 2008 - the morning papers.
Oct 08, 2008 ... China press review for October 8, 2008 - the morning papers Shanghai. October 8. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on Oct. 8. Interfax does not accept any liability for information contained in these reports. Government & ...
Eight more ZCE sugar delivery warehouses named as futures trading booms.
Oct 08, 2008 ... Eight more ZCE sugar delivery warehouses named as futures trading booms st1:*{behavior:url(#ieooui) } Shanghai. October 8. INTERFAX-CHINA - The Zhengzhou Commodity Exchange (ZCE) has named eight new sugar delivery warehouses, which commenced operation at the beginning of the ...
SHFE gold to remain above $27.80 per gram until October's end.
Oct 08, 2008 ... SHFE gold to remain above $27.80 per gram until October's end Shanghai. October 8. INTERFAX-CHINA - Gold prices on the Shanghai Futures Exchange (SHFE) are expected to remain above RMB 190 ($27.80) per gram until the end of October, tracking international gold futures prices, as ...
Shenzhen reveals gas price hike proposal.
Oct 08, 2008 ... Shenzhen reveals gas price hike proposal Shanghai. October 8. INTERFAX-CHINA - Shenzhen City in southern China's Guangdong Province has revealed a proposal to raise household gas prices from RMB 3.50 ($0.51) per cubic meter to either RMB 3.79 ($0.55) or RMB 3.86 ($0.57) per ...
TechFaith to launch commercial Android phone in early 2009.
Oct 08, 2008 ... TechFaith to launch commercial Android phone in early 2009 Shanghai. October 8. INTERFAX-CHINA - China TechFaith Wireless Communication Technology Ltd., an original developed product (ODP) provider focused on research and development of mobile phone solutions, expects to launch ...
Baidu attempts to woo rivals' users with new function, targets Taobao.
Oct 08, 2008 ... Baidu attempts to woo rivals' users with new function, targets Taobao Shanghai. October 8. INTERFAX-CHINA - Chinese search engine giant Baidu.com has launched a shop relocating tool, which helps shop owners on other customer-to-customer (C2C) platforms move their shops to ...
China's rapeseed acreage looks set to increase.
Oct 08, 2008 ... China's rapeseed acreage looks set to increase Shanghai. October 8. INTERFAX-CHINA - China's winter rapeseed acreage is expected to hit over 6.6 million hectares in the 2008/2009 production year, according to a forecast by the Ministry of Agriculture on Oct. 7. "This ...
Domestic nickel prices may further slide to below $14,600 per ton.
Oct 08, 2008 ... Domestic nickel prices may further slide to below $14,600 per ton Shanghai. October 8. INTERFAX-CHINA - Domestic spot nickel prices may further drop to below RMB 100,000 ($14,637.22) per ton due to sluggish demand from downstream stainless steel mills and bearish sentiment ...
Western Mining gets shareholder approval to acquire iron ore assets from parent.
Oct 08, 2008 ... Western Mining gets shareholder approval to acquire iron ore assets from parent Shanghai. October 8. INTERFAX-CHINA - Shanghai-listed Western Mining Co. Ltd. announced on Oct. 8 that it recently obtained shareholder approval to acquire a 50 percent stake in Inner ...