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China Business News articles from December 2008

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<a href="http://www.highbeam.com/China+Business+News/publications.aspx?date=200812" title="Articles and back issues from China Business News">China Business News articles</a>

China Business News back issues from December 2008:

Smiths Medical acquires MICZU to expand China presence.

Dec 01, 2008 ... Smiths Medical acquires MICZU to expand China presence Shanghai. December 1. INTERFAX-CHINA - Smiths Medical, one of the world's leading medical device suppliers, has acquired the Medical Instrument Corp. of Zhejiang University (MICZU) to expand its presence in China, an MICZU ...

Ukraine, China agree to deepen cooperation on promising satellite projects (repeat).

Dec 01, 2008 ... Ukraine, China agree to deepen cooperation on promising satellite projects (repeat) Kiev. December 1. INTERFAX-UKRAINE - China and the Ukraine will continue to deepen their cooperation over promising satellite projects for ionosphere research and the monitoring of earth from ...

China's software industry revenue up 31 pct year-on-year in October.

Dec 01, 2008 ... China's software industry revenue up 31 pct year-on-year in October Shanghai. December 1. INTERFAX-CHINA - China's software industry revenues grew by 31 percent year-on-year during the first 10 months of this year, according to statistics recently released by the Ministry of ...

CORRECTION: Wireless City projects looking to industry and government applications for profit.(Correction notice)

Dec 01, 2008 ... CORRECTION: Wireless City projects looking to industry and government applications for profit Corrects company name in second paragraph of original article, published on Nov. 27, from Alvarion Ltd. to Airway Communication Group. Beijing. December 1. INTERFAX-CHINA - ...

Wholesale fuel prices recover but oil companies feel little benefit - analyst.

Dec 01, 2008 ... Wholesale fuel prices recover but oil companies feel little benefit - analyst Shanghai. December 1. INTERFAX-CHINA - Wholesale fuel prices in China have risen in recent weeks on speculation of the impending levying of a fuel tax, domestic media reported on Dec. 1, though ...

Beijing suspends sales of Sinovac's hepatitis A vaccines after death of two-year-old.

Dec 01, 2008 ... Beijing suspends sales of Sinovac's hepatitis A vaccines after death of two-year-old Shanghai. December 1. INTERFAX-CHINA - The sale and use of hepatitis A vaccines produced by Sinovac Biotech Ltd. have been suspended in Beijing's Fengtai district following an infant's death, a ...

China's largest waste-to-energy power plant to kick off construction this month.

Dec 01, 2008 ... China's largest waste-to-energy power plant to kick off construction this month Shanghai. December 1. INTERFAX-CHINA - Construction is scheduled to begin in December on China's largest waste-to-energy power plant, the Jiujiang Environment Protection Power Plant (JEPPP), which ...

China home to 627.27 mln mobile subscribers in October.

Dec 01, 2008 ... China home to 627.27 mln mobile subscribers in October Shanghai. December 1. INTERFAX-CHINA - The number of mobile phone subscribers in China grew by 79.96 million during the first 10 months of 2008 to reach 627.27 million, while fixed-line subscribers numbered 351.44 million, ...

SFDA sets up mandatory documentation system for TCM injections.

Dec 01, 2008 ... SFDA sets up mandatory documentation system for TCM injections Shanghai. December 1. INTERFAX-CHINA - The recent series of adverse drug reactions (ADR) related to traditional Chinese medicine (TCM) injections has prompted the State Food and Drug Administration (SFDA) to set up a ...

HIV infection growth in China slowing.

Dec 01, 2008 ... HIV infection growth in China slowing Shanghai. December 1. INTERFAX-CHINA - The rate of growth of HIV infections in China has started to slow down, a Chinese government official revealed at a press conference on Dec. 1. "Even though HIV infections are still on the ...

Chinalco secures $2 bln loan for copper development project in Peru.

Dec 01, 2008 ... Chinalco secures $2 bln loan for copper development project in Peru Shanghai. December 1. INTERFAX-CHINA - The Aluminum Corporation of China (Chinalco) recently secured a RMB 13.76 billion ($2 billion) loan from the Export and Import Bank of China to finance development of the ...

China Medicine expanding distribution product portfolio.

Dec 02, 2008 ... China Medicine expanding distribution product portfolio Shanghai. December 2. INTERFAX-CHINA - OTCBB-listed China Medicine Corp. will soon add three new pharmaceutical products to its distribution product portfolio, a company official told Interfax on Dec. 2. ...

China's most productive gasfield passes 10 bln cubic meter milestone.

Dec 02, 2008 ... China's most productive gasfield passes 10 bln cubic meter milestone Beijing. December 2. INTERFAX-CHINA - The Kela No. 2 Gasfield in the Xinjiang Uighur Autonomous Region has become the first gasfield in China to produce more than 10 billion cubic meters of natural gas within ...

CORRECTION - Use of Sinovac's hepatitis A vaccines suspended after death of two-year-old.(Correction notice)

Dec 02, 2008 ... CORRECTION - Use of Sinovac's hepatitis A vaccines suspended after death of two-year-old The original story, published on Dec. 1, stated incorrectly that Beijing's Fengtai district health authorities have suspended the sale and use of hepatitis A vaccines produced by Sinovac ...

Shanda invests in two more developers, to launch new Web game next year.

Dec 02, 2008 ... Shanda invests in two more developers, to launch new Web game next year Shanghai. December 2. INTERFAX-CHINA - Shanda Interactive Entertainment Ltd., China's largest online game company, announced on Dec. 2 that it has invested in two more Web game developers under its "18 ...

China's chemical drug and TCM retail prices stable in first nine months.

Dec 02, 2008 ... China's chemical drug and TCM retail prices stable in first nine months Shanghai. December 2. INTERFAX-CHINA - The average retail prices of chemical drugs and traditional Chinese medicines remained relatively stable in the first nine months of this year, according to a National ...

NetDragon to ship two new MMORPGs with EA and Disney.

Dec 02, 2008 ... NetDragon to ship two new MMORPGs with EA and Disney Shanghai. December 2. INTERFAX-CHINA - Hong Kong-listed game developer NetDragon Websoft Inc. has agreed to develop two new massively multiplayer online role playing games (MMORPG), one in cooperation with U.S. game giant ...

China confirms huge natural gas hydrate reserves in South China Sea.

Dec 02, 2008 ... China confirms huge natural gas hydrate reserves in South China Sea Shanghai. December 2. INTERFAX-CHINA - The Chinese government has verified natural gas hydrate reserves in the South China Sea equivalent to 18.5 billion tons of crude oil, state media reported on Nov. 28. ...

Tigermed sets up Hunan base to provide phase one clinical trial services.

Dec 02, 2008 ... Tigermed sets up Hunan base to provide phase one clinical trial services Shanghai. December 2. INTERFAX-CHINA - Tigermed Consulting Co. Ltd., one of China's leading contract research organizations (CRO) in clinical studies, has established a base in central China's Hunan ...

State refineries won't boost production despite favorable market.

Dec 02, 2008 ... State refineries won't boost production despite favorable market Shanghai. December 2. INTERFAX-CHINA - China's state-owned oil companies will not likely take advantage of the current lucrative refining market due to lingering fuel inventories that were built up before the ...

Chinese PV product makers face gloomy fourth quarter.

Dec 02, 2008 ... Chinese PV product makers face gloomy fourth quarter By Terry Wang Beijing. December 2. INTERFAX-CHINA - Chinese photovoltaic product manufacturers, who have just enjoyed a two-year boom period, are concerned that the global financial crisis will cool overseas demand and impact ...

Yunnan provincial government to purchase 1 mln tons of local nonferrous metals.

Dec 02, 2008 ... Yunnan provincial government to purchase 1 mln tons of local nonferrous metals Shanghai. December 2. INTERFAX-CHINA - China's southwestern Yunnan Province, the country's largest nonferrous metals producing region, plans to purchase nonferrous metals amounting to 1 million tons ...

Hebei Steel Group to supply steel products for China's railway expansion projects.

Dec 02, 2008 ... Hebei Steel Group to supply steel products for China's railway expansion projects Shanghai. December 2. INTERFAX-CHINA - Hebei Iron and Steel Group has inked a strategic cooperation agreement with China's Ministry of Railways to supply steel products for the country's railway ...

China's electrolytic cobalt price may fall below $32,117 per ton in the near future - analyst.

Dec 02, 2008 ... China's electrolytic cobalt price may fall below $32,117 per ton in the near future - analyst Shanghai. December 2. INTERFAX-CHINA - The spot price of electrolytic cobalt (grade 99.6 percent or higher) on the Shanghai Yangtze Nonferrous Metals Market may drop to RMB 220,000 ...

Henan-based company awaits mining license for Guinean bauxite deposit.

Dec 02, 2008 ... Henan-based company awaits mining license for Guinean bauxite deposit Shanghai. December 2. INTERFAX-CHINA - Henan International Mining Co. Ltd., a joint venture between state-run companies in Henan Province, is awaiting a mining license for a bauxite deposit in the ...

Second-line AIDS treatment proving useful in China - expert.

Dec 02, 2008 ... Second-line AIDS treatment proving useful in China - expert Shanghai. December 2. INTERFAX-CHINA - Second-line AIDS treatment is proving to be successful in patients who are resistant to first-line antiviral agents, a Chinese Center for Disease Prevention and Control (China CDC) ...

G1 clone set to beat TechFaith in race to launch China's first Android mobile phone.

Dec 02, 2008 ... G1 clone set to beat TechFaith in race to launch China's first Android mobile phone By Yu Chenxi Shanghai. December 2. INTERFAX-CHINA - A clone of the HTC G1 handset may beat the recently-announced i6-Goal handset from TechFaith and QIGI to become the first mobile phone ...

CNPC's newly-discovered natural gas reserves to exceed 400 bln cubic meters in 2008.

Dec 02, 2008 ... CNPC's newly-discovered natural gas reserves to exceed 400 bln cubic meters in 2008 Shanghai. December 2. INTERFAX-CHINA - Newly-discovered proven natural gas reserves by China National Petroleum Corp. (CNPC), the country's largest oil and gas producer, are likely to surpass 400 ...

Shenzhen SDG Information ranks first by Chinese optical cable shipments in October.

Dec 02, 2008 ... Shenzhen SDG Information ranks first by Chinese optical cable shipments in October Shanghai. December 2. INTERFAX-CHINA - Shenzhen SDG Information ranked first in terms of optical cable shipments in China in October, while Huawei Technologies generated the most revenue from ...

Alcatel Shanghai Bell denies rumors that its mobile business is on the brink.

Dec 02, 2008 ... Alcatel Shanghai Bell denies rumors that its mobile business is on the brink Shanghai. December 2. INTERFAX-CHINA - Alcatel Shanghai Bell (ASB), a telecom equipment manufacturing joint venture between Alcatel-Lucent and Shanghai Bell, issued a statement on Dec 2 denying media ...

Alcatel Shanghai Bell ships most fixed-line exchanges in China in October.

Dec 02, 2008 ... Alcatel Shanghai Bell ships most fixed-line exchanges in China in October Shanghai. December 2. INTERFAX-CHINA - Alcatel Shanghai Bell shipped more fixed-line exchanges in China than any other telecom equipment manufacturer in October, according to Interfax research figures. ...

China Mobile's TD-SCDMA tender divides up turf for equipment makers.

Dec 02, 2008 ... China Mobile's TD-SCDMA tender divides up turf for equipment makers Shanghai. December 2. INTERFAX-CHINA - Datang Mobile equipment will cover eastern cities in the second phase of China Mobile's TD-SCDMA network roll out, while ZTE Corp. will lead in north and northeast China ...

WuXi Pharma's U.S. operations to shift focus away from biological manufacturing.

Dec 03, 2008 ... WuXi Pharma's U.S. operations to shift focus away from biological manufacturing Shanghai. December 3. INTERFAX-CHINA - WuXi PharmaTech (Cayman) Inc. has decided to shift the focus of its United States operations away from biological manufacturing, the company announced on Dec ....

Metallurgical coal producers shifting to thermal coal output on sinking demand.

Dec 03, 2008 ... Metallurgical coal producers shifting to thermal coal output on sinking demand By Terry Wang Shanghai. December 3. INTERFAX-CHINA - Major Chinese metallurgical coal producers are shifting to thermal coal production as demand for coal products used in steelmaking has plummeted ...

Coal prices hold still at Qinhuangdao Port.

Dec 03, 2008 ... Coal prices hold still at Qinhuangdao Port Shanghai. December 3. INTERFAX-CHINA - Coal prices at Qinhuangdao Port, China's largest coal trans-shipment port, remained unchanged from Nov. 24 to Dec. 1 after plummeting for several weeks before that, according to China ...

Most HIV test kits in China domestically made - expert.(Conference notes)

Dec 03, 2008 ... Most HIV test kits in China domestically made - expert Shanghai. December 3. INTERFAX-CHINA - Most HIV test kits in China are produced by domestic companies and are comparable in quality to imported ones, a researcher from China's National Institute for the Control of ...

Guangxi unlikely to purchase large amounts of nonferrous metals in the near future.

Dec 03, 2008 ... Guangxi unlikely to purchase large amounts of nonferrous metals in the near future Shanghai. December 3. INTERFAX-CHINA - The government of southwestern China's Guangxi Zhuang Autonomous Region is unlikely to follow neighboring Yunnan Province in purchasing large quantities of ...

China's power output in November continues shrinking - insider.

Dec 03, 2008 ... China's power output in November continues shrinking - insider Shanghai. December 3. INTERFAX-CHINA - China's power output continued to shrink in November due to falling demand from power-hungry industries, an industry insider told Interfax on Dec. 3. "The economic ...

China hopes for dialogue with new U.S. administration (repeat).

Dec 03, 2008 ... China hopes for dialogue with new U.S. administration (repeat) Beijing. December 2. INTERFAX - China is hoping to further develop its relations with the United States by working with the new U.S. administration, an official spokesman for China's Ministry of Foreign ...

Youku launches online news channel, Tudou declines to follow suit.

Dec 03, 2008 ... Youku launches online news channel, Tudou declines to follow suit Shanghai. December 3. INTERFAX-CHINA - Chinese online video sharing site Youku.com launched a news channel on Dec. 2, signaling the further encroachment of online video sites into the realm of traditional ...

Global downturn offers China's renewable energy equipment makers a chance to remake themselves.

Dec 03, 2008 ... Global downturn offers China's renewable energy equipment makers a chance to remake themselves By Victor Wang Shanghai. December 3. INTERFAX-CHINA - The world financial crisis may provide Chinese renewable energy equipment makers with a chance to play catch-up to their global ...

MCC postpones planned listing to end of 2009.

Dec 03, 2008 ... MCC postpones planned listing to end of 2009 Shanghai. December 3. INTERFAX-CHINA - State-run China Metallurgical (Group) Corp. (MCC) has postponed its planned listing on both Hong Kong and mainland stock exchanges to the end of 2009 at the earliest, due to the global economic ...

China launches multipurpose satellite (repeat).

Dec 03, 2008 ... China launches multipurpose satellite (repeat) Beijing. December 3. INTERFAX - A Chinese remote sensing satellite was successfully launched from the Jiuquan Satellite Launch Center in China's northwestern Gansu Province, state media reported on Dec. 2. The Yaogan-4 ...

China's gold production up 3.32 pct year-on-year to 223.09 tons in first 10 months - CGA.

Dec 03, 2008 ... China's gold production up 3.32 pct year-on-year to 223.09 tons in first 10 months - CGA Shanghai. December 3. INTERFAX-CHINA - China produced 223.09 tons of gold bullion in the first 10 months of this year, increasing by 3.32 percent year-on-year, while gold bullion output in ...

MoH bars doctors from promoting insurance products.

Dec 03, 2008 ... MoH bars doctors from promoting insurance products Shanghai. December 3. INTERFAX-CHINA - The Ministry of Health (MoH) has warned medical staff against promoting insurance products, according to its circular issued on Dec. 3. The MoH noted in the circular that the ...

China's electronic information industry revenues up 17.6 pct in first ten months this year.

Dec 03, 2008 ... China's electronic information industry revenues up 17.6 pct in first ten months this year st1:*{behavior:url(#ieooui) } Shanghai. December 3. INTERFAX-CHINA - China's electronic information industry generated total revenues of RMB 4.7 trillion ($688.14 billion) in the first ten ...

Chinese pharmaceutical industry to grow steadily - analysts.(Industry overview)

Dec 03, 2008 ... Chinese pharmaceutical industry to grow steadily - analysts Shanghai. December 3. INTERFAX-CHINA - The Chinese pharmaceutical industry will continue to grow steadily, in spite of recent government statistics that show a downturn in growth, an analyst told Interfax on Dec. 3. ...

China hopes EU takes into account its concerns to avoid serious consequences (repeat).

Dec 03, 2008 ... China hopes EU takes into account its concerns to avoid serious consequences (repeat) Beijing. December 2. INTERFAX - China hopes the European Union will take into consideration its concerns in order to avoid serious consequences for the development of relations between the two ...

Minmetals Resources to withdraw investment in Qinghai aluminum smelter.

Dec 03, 2008 ... Minmetals Resources to withdraw investment in Qinghai aluminum smelter Shanghai. December 3. INTERFAX-CHINA - Hong Kong-listed Minmetals Resources Ltd., a China Minmetals Corp. subsidiary, has decided to withdraw its investment in aluminum smelter Qinghai Investment Group Ltd., ...

SHFE fuel oil futures retreat as crude stays below $50.

Dec 03, 2008 ... SHFE fuel oil futures retreat as crude stays below $50 Shanghai. December 3. INTERFAX-CHINA - Fuel oil futures on the Shanghai Futures Exchange (SHFE) retreated from Dec. 1 to Dec. 3 while international crude oil prices lingered below $50 a barrel as the global economic ...

Alcatel-Lucent to provide CDMA wireless networking solutions for China Telecom in 56 cities in China.

Dec 03, 2008 ... Alcatel-Lucent to provide CDMA wireless networking solutions for China Telecom in 56 cities in China st1:*{behavior:url(#ieooui) } Shanghai. December 3. INTERFAX-CHINA - Alcatel-Lucent, the French-based telecom equipment manufacturer, will provide end-to-end CDMA wireless ...

Wuzhou Pharma starts trial operation of new production base.

Dec 03, 2008 ... Wuzhou Pharma starts trial operation of new production base Shanghai. December 3. INTERFAX-CHINA - Guangxi Wuzhou Pharmaceuticals Group Co. Ltd. has completed construction of its new production base and commenced operation on a trial basis, its parent company announced on Dec ....

MIIT and NDRC regulate against differential SMS and MMS charges.

Dec 04, 2008 ... MIIT and NDRC regulate against differential SMS and MMS charges Shanghai. December 4. INTERFAX-CHINA - The practice of charging different rates for sending short message service (SMS) and multimedia message service (MMS) messages within the same network and between different ...

Pfizer launches new anti-smoking drug in China.

Dec 04, 2008 ... Pfizer launches new anti-smoking drug in China Shanghai. December 4. INTERFAX-CHINA - Pfizer has launched Champix (varenicline), a new anti-smoking drug, in China, according to a Pfizer China announcement on Dec. 3. "The daily cost of a typical 12-week treatment of ...

CORRECTION: Chinese PV product makers face gloomy fourth quarter.(Correction notice)

Dec 04, 2008 ... CORRECTION: Chinese PV product makers face gloomy fourth quarter The original story, published on Dec. 2, stated incorrectly that some of Trina Solar's customers have reneged on their contracts for PV products. A corrected version appears below. Beijing ....

Nokia Siemens ships most GSM equipment in China in October, ZTE dominates in CDMA.

Dec 04, 2008 ... Nokia Siemens ships most GSM equipment in China in October, ZTE dominates in CDMA Shanghai. December 4. INTERFAX-CHINA - Nokia Siemens Networks shipped more GSM network equipment than any other telecom equipment manufacturer in China in October, while ZTE Corp. topped the list ...

China to reinstate copper tolling to relieve pressure on smelters - CNMIA official.

Dec 04, 2008 ... China to reinstate copper tolling to relieve pressure on smelters - CNMIA official Shanghai. December 4. INTERFAX-CHINA - Financially hard-pressed Chinese copper smelters can expect to resume copper tolling within the month, a senior official with the China Nonferrous Metals ...

BGCTV likely to trial digital interactive TV next year - analyst.

Dec 04, 2008 ... BGCTV likely to trial digital interactive TV next year - analyst Shanghai. December 4. INTERFAX-CHINA - Beijing Gehua CATV Network Co. Ltd. (BGCTV), Beijing Municipality's local digital cable TV operator, is likely to start offering digital interactive TV services on ...

Yunnan slashes power fees for nonferrous metals and steel producers, Guangxi unlikely to follow.

Dec 04, 2008 ... Yunnan slashes power fees for nonferrous metals and steel producers, Guangxi unlikely to follow Shanghai. December 4. INTERFAX-CHINA - Southwestern China's Yunnan Province, the country's largest nonferrous metals producing region, will temporarily lower power fees for local ...

Chinese aluminum extrusion manufacturers looking to get off anti-dumping hook.

Dec 04, 2008 ... Chinese aluminum extrusion manufacturers looking to get off anti-dumping hook Sanya. December 4. INTERFAX-CHINA - Manufacturers in Guangdong Province's Foshan City are in the process of appealing to the Canada Border Service Agency (CBSA) not to impose anti-dumping and ...

Pengze Nuclear Power Plant to start operation in 2013.

Dec 04, 2008 ... Pengze Nuclear Power Plant to start operation in 2013 Beijing. December 4. INTERFAX-CHINA - The Pengze Nuclear Power Plant in southeastern China's Jiangxi Province, which is one of the country's first three planned inland nuclear power plants, will start operation in 2013, a ...

China's first commercial CMMB mobile TV network to launch in Shanghai.

Dec 04, 2008 ... China's first commercial CMMB mobile TV network to launch in Shanghai Shanghai. December 4. INTERFAX-CHINA - Shanghai will become the first city in China with a commercial CMMB (China Mobile Multimedia Broadcasting) mobile TV network in operation when Oriental Pearl Group (OPG) ...

Yunnan lowers power prices to boost industrial demand.

Dec 04, 2008 ... Yunnan lowers power prices to boost industrial demand Shanghai. December 4. INTERFAX-CHINA - Southwestern China's Yunnan Province has temporarily cut retail power prices for firms in 10 industries in an effort to boost local power demand, the local government announced on Dec ....

Baidu warned by Chinese Internet watchdog for pornographic content.

Dec 04, 2008 ... Baidu warned by Chinese Internet watchdog for pornographic content Shanghai. December 4. INTERFAX-CHINA - Chinese search engine operator Baidu.com received on Dec. 2 a public warning from the China Internet Illegal Information Reporting Centre (CIIRC) for displaying pornographic ...

Holley Pharma to consolidate artemisinin business.

Dec 04, 2008 ... Holley Pharma to consolidate artemisinin business Shanghai. December 4. INTERFAX-CHINA - Holley Pharmaceuticals (Chongqing) Co. Ltd., China's largest artemisinin producer, will consolidate its artemisinin business into its subsidiary, Beijing Holley-Cotec Pharmaceutical Co ....