China Business News back issues from February 2009:
Sanjiu Medical in hot water for mismanagement.
Feb 02, 2009 ... Sanjiu Medical in hot water for mismanagement Shanghai. February 2. INTERFAX-CHINA - The Shenzhen branch of the China Securities Regulatory Commission (CSRC) has deemed Sanjiu Medical & Pharmaceutical Co. Ltd. to be involved in mismanagement, Sanjiu Medical announced on Feb. 2. ...
Baidu cozies up to CCTV with Chinese New Year advertising.
Feb 02, 2009 ... Baidu cozies up to CCTV with Chinese New Year advertising By Chen Shasha Shanghai. February 2. INTERFAX-CHINA - Chinese search giant Baidu.com purchased screen time in national state-run broadcaster CCTV's popular Chinese New Year programming in an attempt to mitigate the ...
Hubei reports more than 244,000 infectious disease cases in 2008.
Feb 02, 2009 ... Hubei reports more than 244,000 infectious disease cases in 2008 Shanghai. February 2. INTERFAX-CHINA - Hubei Province in central China reported 244,195 cases of infectious diseases in 2008, according to statistics released by the Hubei Provincial Health Bureau on Feb. 1. ...
China records eight human bird flu cases in January.
Feb 02, 2009 ... China records eight human bird flu cases in January Shanghai. February 2. INTERFAX-CHINA - China saw eight human bird flu cases in January this year, of which five people died from, according to the Ministry of Health (MoH). Over the weeklong Chinese New Year holiday ...
Russia, N. Korea still committed to six-party talks (repeat).
Feb 02, 2009 ... Russia, N. Korea still committed to six-party talks (repeat) Moscow. February 2. INTERFAX - Moscow and Pyongyang recently reaffirmed their commitment to the six-party talks on North Korea's denuclearization, Russia's Foreign Ministry announced on Jan. 30. According to ...
China's steel product output rises by 3.6 pct year-on-year in 2008.
Feb 02, 2009 ... China's steel product output rises by 3.6 pct year-on-year in 2008 Shanghai. February 2. INTERFAX-CHINA - China produced 581.77 million tons of steel products in 2008, up 3.6 percent on an annual basis, while steel product output in December alone jumped by 15.4 percent from ...
Rio confirms stake and bond sale talks with Chinalco.
Feb 02, 2009 ... Rio confirms stake and bond sale talks with Chinalco Shanghai. February 2. INTERFAX-CHINA - Rio Tinto Group announced on Feb. 2 that it is conducting talks with the Aluminum Corporation of China (Chinalco), which currently co-holds an approximate 9 percent ...
Coal prices dip at Qinhuangdao Port over Chinese New Year holiday.
Feb 02, 2009 ... Coal prices dip at Qinhuangdao Port over Chinese New Year holiday Shanghai. February 2. INTERFAX-CHINA - Coal prices at Qinhuangdao Port, China's largest coal trans-shipment port, fell slightly from Jan. 19 to Feb. 1, while stockpiles continued to grow, according to China Coal ...
Chinese New Year text messaging worth $262.9 mln.
Feb 02, 2009 ... Chinese New Year text messaging worth $262.9 mln Shanghai. February 2. INTERFAX-CHINA - SMS messages sent during the Chinese Spring Festival weeklong holiday garnered a combined revenue of RMB 1.8 billion ($262.9 million) for China's telecom operators, up 6 percent on last ...
China imports 183.36 mln tons of Aussie iron ore in 2008.
Feb 02, 2009 ... China imports 183.36 mln tons of Aussie iron ore in 2008 Shanghai. February 2. INTERFAX-CHINA - Australia's iron ore shipments to China grew by 25.93 percent on an annual basis to 183.36 million tons in 2008, accounting for 41.33 percent of China's total iron ore imports over ...
Siemens to invest more in renewable energy in China.
Feb 02, 2009 ... Siemens to invest more in renewable energy in China Shanghai. February 2. INTERFAX-CHINA - Siemens AG, the German electronics and engineering company, will invest an additional $190.5 million in China over the next three years to expand its production capacity for products ...
Chinese copper smelters, BHP settle TC/RCs for 2009 at 75/7.5 - insiders.
Feb 02, 2009 ... Chinese copper smelters, BHP settle TC/RCs for 2009 at 75/7.5 - insiders By Ginger Ding Shanghai. February 2. INTERFAX-CHINA - Chinese copper smelters and overseas miner BHP Billiton recently finalized contract treatment and refining charges (TC/RC) for 2009 at 75/7.5, up 66 ...
Telecom service complaints in China up in 2008.
Feb 02, 2009 ... Telecom service complaints in China up in 2008 Shanghai. February 2. INTERFAX-CHINA - Consumer complaints regarding telecom services averaged 39.5 per million telecom service subscribers in 2008, up from 31.4 per million subscribers in 2007, according to the Ministry of Industry ...
Xinjiang remains China's top oil and gas producing region.
Feb 02, 2009 ... Xinjiang remains China's top oil and gas producing region Beijing. February 2. INTERFAX-CHINA - Western China's Xinjiang Uyghur Autonomous Region produced 27.22 million tons of crude oil and 23.59 billion cubic meters of natural gas in 2008, which was more than any other region ...
Huawei applies for most international patents in 2008.
Feb 02, 2009 ... Huawei applies for most international patents in 2008 Shanghai. February 2. INTERFAX-CHINA - Huawei Technologies Co. Ltd. filed 1,737 international patent applications in 2008, more than any other company in the world, according to a recent report by the World ...
China's potential oil reserves reach 108.6 mln tons - MLR.
Feb 02, 2009 ... China's potential oil reserves reach 108.6 mln tons - MLR Shanghai. February 2. INTERFAX-CHINA - China's Ministry of Land and Resources (MLR) has updated its estimate of the country's potential oil reserves to 108.6 billion tons, state media reported on Jan. 27. ...
Sinopec Group ends fuel discounts in Shanghai.
Feb 03, 2009 ... Sinopec Group ends fuel discounts in Shanghai Shanghai. February 3. INTERFAX-CHINA - China Petrochemical Corp. (Sinopec Group), China's largest fuel producer, has stopped discounting RON93 gasoline at its service stations in Shanghai Municipality, state media reported ...
PHS to make way for TD-SCDMA by early 2011.
Feb 03, 2009 ... PHS to make way for TD-SCDMA by early 2011 By Cindy Geng Beijing. February 3. INTERFAX-CHINA - Personal Handy-phone System (PHS) services will be completely phased out by early 2011 at the behest of the Ministry of Industry and Information Technology (MIIT) to free up frequency ...
Tianjin investing $731 mln to attract biological and pharmaceutical R & D.
Feb 03, 2009 ... Tianjin investing $731 mln to attract biological and pharmaceutical R & D Shanghai. February 3. INTERFAX-CHINA - The Tianjin municipal government has allocated RMB 5 billion ($731.01 million) in subsidies to attract biological and pharmaceutical research companies to set up base ...
BOE predicts losses of up to $146 mln for 2008.
Feb 03, 2009 ... BOE predicts losses of up to $146 mln for 2008 Shanghai. February 3. INTERFAX-CHINA - BOE Co. Ltd., China's leading LCD (liquid crystal display) manufacturer, has predicted losses of between RMB 70 million ($10.24 million) and RMB 1 billion ($146.28 million) for the 2008 fiscal ...
China's TCM export growth to slow down in 2009 - expert.
Feb 03, 2009 ... China's TCM export growth to slow down in 2009 - expert By Karl Zhong Shanghai. February 3. INTERFAX-CHINA - Growth in China's traditional Chinese medicine (TCM) exports looks set to decline this year as the financial downturn fully sets in, an official from the China Chamber of ...
Five Chinese regions to spend more than $1 bln each on power grid upgrades.
Feb 03, 2009 ... Five Chinese regions to spend more than $1 bln each on power grid upgrades Beijing. February 3. INTERFAX-CHINA - Five Chinese regions will each invest more than RMB 10 billion ($1.46 billion) this year to upgrade their local power grids, state media reported on Feb. 2. ...
Nanjing Pharma starts construction on logistics base.
Feb 03, 2009 ... Nanjing Pharma starts construction on logistics base Shanghai. February 3. INTERFAX-CHINA - Nanjing Pharmaceutical Co. Ltd., one of China's five largest drug distributors, commenced construction on a logistics base in Nanjing City of Jiangsu Province on Feb. 2, state media ...
Asia Resources to buy tungsten and iron ore deposits in Mongolia.
Feb 03, 2009 ... Asia Resources to buy tungsten and iron ore deposits in Mongolia Shanghai. February 3. INTERFAX-CHINA - Hong Kong-listed Asia Resources Holdings Ltd. announced on Feb. 3 that it recently inked an agreement with Bao Fung Investments Ltd. to acquire a tungsten deposit and an iron ...
SHFE gold prices to fluctuate at highs in Q1.
Feb 03, 2009 ... SHFE gold prices to fluctuate at highs in Q1 Shanghai. February 3. INTERFAX-CHINA - Gold futures contracts on the Shanghai Futures Exchange (SHFE) rose on the first trading day after the weeklong Chinese New Year break, tracking international gold prices, and are expected to ...
China Unicom plans to purchase WCDMA handsets in March, iPhone not included.
Feb 03, 2009 ... China Unicom plans to purchase WCDMA handsets in March, iPhone not included Beijing. February 3. INTERFAX-CHINA - China Unicom plans to purchase WCDMA handsets in March 2009, a China Unicom source told Interfax on Feb. 2, while denying recent rumors that Apple's iPhone will be ...
MoH suspends use of TCM drug.
Feb 03, 2009 ... MoH suspends use of TCM drug Shanghai. February 3. INTERFAX-CHINA - China's Ministry of Health (MoH) has ordered immediate suspension on the nationwide use of Tangzhining capsules, a traditional Chinese medicine (TCM) produced by Guangxi Pingnan Pharmaceutical Co. Ltd. to treat ...
Cholera outbreak contained in Yunnan.
Feb 03, 2009 ... Cholera outbreak contained in Yunnan Shanghai. February 3. INTERFAX-CHINA - Yuxi City in southwestern China's Yunnan Province has successfully contained a cholera outbreak, its local government announced on Feb. 2. According to the announcement, 47 people were ...
China's natural gas output grows to 76.08 bln cubic meters in 2008.
Feb 03, 2009 ... China's natural gas output grows to 76.08 bln cubic meters in 2008 Beijing. February 3. INTERFAX-CHINA - China increased its natural gas output to 76.08 billion cubic meters in 2008, up 12.3 percent year-on- year, the China Petroleum and Chemical Industry Association (CPCIA) ...
China's health reform may not help to noticeably reduce patient bills - insider.
Feb 03, 2009 ... China's health reform may not help to noticeably reduce patient bills - insider By Karl Zhong Shanghai. February 3. INTERFAX-CHINA - It will be difficult for China's health care reform to noticeably reduce patient bills in spite of huge government investment towards the medical ...
Chinese refineries may be back in the black in 2009 - analyst.(Financial report)
Feb 03, 2009 ... Chinese refineries may be back in the black in 2009 - analyst Shanghai. February 3. INTERFAX-CHINA - China's oil refiners could recover from last year's net losses as they are no longer burdened with excess inventories of crude oil and international oil prices remain relatively ...
Qinghai planning large-scale developments for steel sector before 2015.
Feb 03, 2009 ... Qinghai planning large-scale developments for steel sector before 2015 Shanghai. February 3. INTERFAX-CHINA - The Qinghai Provincial Economic and Trade Commission recently released plans for its steel sector until 2015, including the construction of a 3.5 million-ton steelworks ...
SARFT punishes 140 unlicensed video Web sites for carrying porn.
Feb 03, 2009 ... SARFT punishes 140 unlicensed video Web sites for carrying porn Shanghai. February 3. INTERFAX-CHINA - The State Administration of Radio, Film and Television (SARFT) has shut down 131 unlicensed video Web sites and penalized a further nine for carrying pornographic videos as ...
SARFT to kick off second-round tender for DTH satellite TV set-top boxes this year.
Feb 04, 2009 ... SARFT to kick off second-round tender for DTH satellite TV set-top boxes this year Shanghai. February 4. INTERFAX-CHINA - China's State Administration of Radio, Film and Television (SARFT) will kick off its second-round tender for direct-to-home (DTH) satellite TV set-top boxes ...
Telecom operators spend $1.12 bln on support services in 2008.
Feb 04, 2009 ... Telecom operators spend $1.12 bln on support services in 2008 Beijing. February 4. INTERFAX-CHINA - China's telecom operators spent a total of RMB 7.68 billion ($1.12 billion) on operational support systems and services in 2008, according to a report released by CCID Consulting ...
Shanxi discovers 10 bln tons of new coal reserves in 2008.
Feb 04, 2009 ... Shanxi discovers 10 bln tons of new coal reserves in 2008 Shanghai. February 4. INTERFAX-CHINA - About 10 billion tons of new coal reserves were discovered last year in Shanxi Province, China's largest coal producing region, the Shanxi Coal Industry Bureau (SCIB) announced on ...
Sinopec Group starts construction of offshore oil platform.
Feb 04, 2009 ... Sinopec Group starts construction of offshore oil platform Shanghai. February 4. INTERFAX-CHINA - China Petrochemical Corp. (Sinopec Group) has started building an offshore oil platform in Singapore, the company announced on Feb. 3. The new platform ...
China's PC output reaches 147 mln units in 2008.
Feb 04, 2009 ... China's PC output reaches 147 mln units in 2008 Shanghai. February 4. INTERFAX-CHINA - China's PC output reached 147 million units in 2008, up 14 percent year-on-year, according to statistics released by the Ministry of Industry and Information Technology (MIIT) on Feb. 2. ...
BYD Electronic to enter netbook market.
Feb 04, 2009 ... BYD Electronic to enter netbook market Shanghai. February 4. INTERFAX-CHINA - Hong Kong-listed BYD Electronic (International) Co. Ltd., a Shenzhen-based IT and wireless components manufacturer, is preparing to manufacture netbooks and related accessories to meet the demand of ...
China's largest refinery processes 19.36 mln tons of crude oil in 2008.
Feb 04, 2009 ... China's largest refinery processes 19.36 mln tons of crude oil in 2008 Shanghai. February 4. INTERFAX-CHINA - Zhenhai Refinery, China's most productive oil refinery, processed 19.36 million tons of crude oil in 2008, or about 10.2 percent of China's total, its owner China ...
Consumption to be deciding factor for China's steel product price trend.
Feb 04, 2009 ... Consumption to be deciding factor for China's steel product price trend By Ginger Ding Shanghai. February 4. INTERFAX-CHINA - Chinese steel product prices exhibited steady growth at the start of the Chinese New Year on improved market sentiment, however, an industry analyst told ...
Kazatomprom forms uranium joint venture with CGNPG (repeat).
Feb 04, 2009 ... Kazatomprom forms uranium joint venture with CGNPG (repeat) Almaty. February 4. INTERFAX - Kazakhstan's national nuclear power company, Kazatomprom, and China Guangdong Nuclear Power Group (CGNPG) have set up a uranium mining joint venture in Kazakhstan, Kazatomprom announced on ...
Chinese power companies eye imported coal.
Feb 04, 2009 ... Chinese power companies eye imported coal Beijing. February 4. INTERFAX-CHINA - China's power generation companies are turning their attention to imported coal as domestic coal prices have surpassed those on the international market, analysts told Interfax on Feb. 4. ...
HCA gets MoH approval to set up hospital in Ningbo - insider.
Feb 04, 2009 ... HCA gets MoH approval to set up hospital in Ningbo - insider Shanghai. February 4. INTERFAX-CHINA - The Ministry of Health (MoH) has approved U.S. health care giant HCA Inc. to set up a hospital in Ningbo City in eastern China's Zhejiang Province, an insider told Interfax on ...
China Mobile to allocate 147-prefixed numbers to wireless data cards.
Feb 04, 2009 ... China Mobile to allocate 147-prefixed numbers to wireless data cards Beijing. February 4. INTERFAX-CHINA - China Mobile will allocate 147- prefix numbers to its TD-SCDMA wireless data card services, a source in China Mobile's marketing department confirmed to Interfax on Feb ....
United States commences trade investigation into Chinese API exports - official.
Feb 04, 2009 ... United States commences trade investigation into Chinese API exports - official By Karl Zhong Shanghai. February 4. INTERFAX-CHINA - The U.S. International Trade Commission (ITC) has launched an investigation into China's glucosamine active pharmaceutical ingredient (API) ...
Ministry of Education calls for end to use of English in TV channel logos.
Feb 04, 2009 ... Ministry of Education calls for end to use of English in TV channel logos Shanghai. February 4. INTERFAX-CHINA - China's Ministry of Education has called on TV stations in China to remove any English words and letters from their logos, claiming that they are obliged to comply ...
Huahong and Grace to merge OEM arms.(Company overview)
Feb 04, 2009 ... Huahong and Grace to merge OEM arms Shanghai. February 4. INTERFAX-CHINA - The OEM (original equipment manufacture) businesses of two leading state-owned Chinese semiconductor companies, Shanghai Huahong (Group) Co. Ltd. (Huahong Group) and Grace Semiconductor Manufacturing ...
Yankuang Group to start construction on CTL plant in March.
Feb 04, 2009 ... Yankuang Group to start construction on CTL plant in March Shanghai. February 4. INTERFAX-CHINA - Yankuang Group, a large coal company based in Shandong Province, expects to start construction on an indirect coal-to-liquids (CTL) plant in northwestern China's Shaanxi Province by ...
China seizes nearly 10,000 bottles of fake TCM drug.
Feb 04, 2009 ... China seizes nearly 10,000 bottles of fake TCM drug Shanghai. February 4. INTERFAX-CHINA - The State Food and Drug Administration (SFDA) seized 9,989 bottles of counterfeit Tangzhining capsules, a traditional Chinese medicine (TCM) normally produced by Guangxi Pingnan ...
China's national TV channels likely to face challenges in attracting ads in 2009 - analyst.
Feb 04, 2009 ... China's national TV channels likely to face challenges in attracting ads in 2009 - analyst Shanghai. February 4. INTERFAX-CHINA - China's national TV channels are likely to struggle in generating advertising revenues in 2009 due to a recent advertising fee adjustment and the ...
Iron ore shipping freight rates to China to continue to rise in February -analyst.
Feb 04, 2009 ... Iron ore shipping freight rates to China to continue to rise in February -analyst By Ginger Ding Shanghai. February 4. INTERFAX-CHINA - Iron ore shipping freight rates from Brazil's Tubarao Port to China's Beilun and Baoshan ports jumped by 89.01 percent from the start of 2009 ...
SHFE copper prices to rise in Q1 on economic stimulus investment - analyst.
Feb 04, 2009 ... SHFE copper prices to rise in Q1 on economic stimulus investment - analyst Shanghai. February 4. INTERFAX-CHINA - Copper futures prices on the Shanghai Futures Exchange (SHFE) may see an uptrend over the remainder of the first quarter, due to the release of funds that are part ...
ZTE aiming to be among top three global GSM equipment providers in 2009.
Feb 04, 2009 ... ZTE aiming to be among top three global GSM equipment providers in 2009 Shanghai. February 4. INTERFAX-CHINA - ZTE Corp. aims to become one of the top three global GSM equipment providers in 2009, the company announced on Feb. 3. According to ZTE, it ranked fourth ...
China sets institutional delivery targets for 2015 and 2020.
Feb 04, 2009 ... China sets institutional delivery targets for 2015 and 2020 Shanghai. February 4. INTERFAX-CHINA - The Ministry of Health (MoH) and the Ministry of Finance (MoF) have jointly set China's institutional delivery targets for 2015 and 2020, according to the MoH's Web site on Feb. 2 ....
SHFE fuel oil futures rally, tracking crude.
Feb 04, 2009 ... SHFE fuel oil futures rally, tracking crude Shanghai. February 4. INTERFAX-CHINA - Shanghai Futures Exchange (SHFE) fuel oil prices tracked international crude oil and rose on Feb. 4, with the most-traded May contract closing the session RMB 91 ($13.30), or 3.04 percent, higher ...
China's share in Russian arms export volumes could shrink from 40 pct to 10 pct (repeat).
Feb 05, 2009 ... China's share in Russian arms export volumes could shrink from 40 pct to 10 pct (repeat) Moscow. February 5. INTERFAX - Russia's arms export volumes to China may decline as Russian-Chinese military cooperation switches to a qualitatively new level, local media reported on Feb ....
China's Energy Law could be ready for approval in 2009.
Feb 05, 2009 ... China's Energy Law could be ready for approval in 2009 Beijing. February 5. INTERFAX-CHINA - The final draft of China's first Energy Law will likely be submitted to the National People's Congress (NPC) for final approval this year, state media reported on Feb. 5. The ...
Angang receives Gindalbie shareholder approval to acquire additional stake.
Feb 05, 2009 ... Angang receives Gindalbie shareholder approval to acquire additional stake Shanghai. February 5. INTERFAX-CHINA - Anshan Iron and Steel Group (Angang), a state-owned steel mill based in northeastern China, has obtained approval from Gindalbie Metals Ltd. shareholders to increase ...
Wuzhou Pharma attains invention patent for TCM cardiovascular drug.
Feb 05, 2009 ... Wuzhou Pharma attains invention patent for TCM cardiovascular drug Shanghai. February 5. INTERFAX-CHINA - Guangxi Wuzhou Pharmaceuticals (Group) Co. Ltd. has obtained an invention patent for a new cardiovascular disease drug that is based on traditional Chinese medicine (TCM), ...
Chinese telecom operators turn attention to data cards, two tenders on way.
Feb 05, 2009 ... Chinese telecom operators turn attention to data cards, two tenders on way By Cindy Geng Beijing. February 5. INTERFAX-CHINA - China Telecom recently opened its first CDMA2000 1x EV-DO wireless data card tender, while China Unicom is preparing to launch its first WCDMA data card ...
Datang Telecom and Shanghai government to cooperate over TD-SCDMA.
Feb 05, 2009 ... Datang Telecom and Shanghai government to cooperate over TD-SCDMA Shanghai. February 5. INTERFAX-CHINA - Datang Telecom Technology & Industry Group, one of the main developers of China's homegrown TD-SCDMA 3G standard, signed a cooperation agreement with the Shanghai municipal ...
China's support for equipment manufacturing sector to boost steel consumption in long run.
Feb 05, 2009 ... China's support for equipment manufacturing sector to boost steel consumption in long run Shanghai. February 5. INTERFAX-CHINA - The Chinese government's recent plan to revitalize the equipment manufacturing industry is not expected to immediately boost the domestic steel ...
Hospital director in Gansu gets sack for fake medical examination records.
Feb 05, 2009 ... Hospital director in Gansu gets sack for fake medical examination records Shanghai. February 5. INTERFAX-CHINA - The director of Jinta County Hospital in northeastern China's Gansu Province has been removed from office following the discovery of fake medical examination records, ...
Greater China spares Lenovo from making global loss.
Feb 05, 2009 ... Greater China spares Lenovo from making global loss Shanghai. February 5. INTERFAX-CHINA - Lenovo Group, China's largest PC manufacturer, generated a net profit despite losses in all its global regions aside from Greater China in the nine months ending Dec. 31, according to its ...