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Latest news from China


China state-owned firms get gov Print E-mail
Friday, 28 November 2008
BEIJING, Nov. 28 (Xinhua) -- China will allocate 19.63 billion yuan (2.87 billion U.S. dollars) to the state-owned enterprises (SOEs) most affected by two major natural disasters this year, electricit...
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Shenzhou VII delegation to arrive in Hong Kong next Friday Print E-mail
Friday, 28 November 2008
The schedule of the Shenzhou VII space heroes to visit Hong Kong has already been set. It is reported that the three astronauts, Zhai Zhigang, Liu Boming and Jing Haipeng, are scheduled to pay a four-...
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Li Yuchun among top 3 in "China Print E-mail
Friday, 28 November 2008
In a recent poll "2008 China's 50 Most Beautiful People," Li Yuchun, the "Super Girl" from Chengdu, is temporarily ranked third with 40,477 votes, lagging behind Huang Xiaoming in ...
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China promotes new energy vehicles Print E-mail
Friday, 28 November 2008
China aims to boost the number of new energy vehicles owned to 60,000 by 2012 with the nation's policy support, said an official on Thursday.Wan Gang, vice chairman of the 11th National Committee of t...
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Star Cruises plans to launch Taiwan-China cruise service Print E-mail
Friday, 28 November 2008
Taipei - Star Cruises, the world's third-largest cruise line and the leading Asia-Pacific cruise line, plans to launch a cruise service between Taiwan and China in early 2009, its Taiwan manager said ...
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Hong Kong mother and two children dead in suspected murder-suicide Print E-mail
Friday, 28 November 2008
Hong Kong - A woman and her two children were found dead in a suspected murder-suicide, Hong Kong police said Friday. The 42-year-old woman had a rope around her neck while her daughter, 13, and son, ...
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Beijing gives Southern Airlines US$440 million Print E-mail
Friday, 28 November 2008
SHANGHAI, China -- China Southern Airlines said it will get a 3 billion yuan (US$440 million) capital injection from the government, intended to tide the major carrier through a financial crisis.
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Number of atypical workers in Taiwan reaches 650,000 Print E-mail
Friday, 28 November 2008
TAIPEI, Taiwan -- The number of atypical workers in Taiwan accounts for 6.24 percent of the country’s labor force, with this group of workers being paid nearly 53 percent less than regular workers o...
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China blames France, EU for summit cancellation Print E-mail
Friday, 28 November 2008
BEIJING -- China said Thursday French President Nicolas Sarkozy’s plans to meet with the Dalai Lama - hated by Beijing - left it no option but to pull out of an upcoming China-European Union summit....
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China’s economic downturn deepens; ECB urged to cut rates to contain the global crisis Print E-mail
Friday, 28 November 2008
LONDON/SINGAPORE -- China warned on Thursday its economic downturn was deepening and pressure grew on the European Central Bank (ECB) to make a big cut in interest rates to help contain the global fin...
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China-EU spat raises trade fears Print E-mail
Friday, 28 November 2008
PARIS -- The head of France's business lobby said Thursday that she is worried about the trade implications of China's decision to pull out of a summit with the European Union. The summit was planned...
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No Help from China Print E-mail
Friday, 28 November 2008
SBUX ). But lately Tan has changed his ways. Much of his $30,000 in savings has evaporated with the Chinese stock market, down more than 60% this year. When he eats out, Tan frequents local Chine...
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HK shares up 1.8pc, led by China Mobile Print E-mail
Friday, 28 November 2008
(2 hrs 25 mins ago) Hong Kong shares reversed course to notch up a 1.8 percent gain in the mid-morning trade, led by China Mobile (0941), which has been underperforming the recent rally on the main i...
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Wall Street 2013 — Brother, Can You Spare a Yuan Print E-mail
Friday, 28 November 2008
Here's our vision of the future of Wall Street in 2013. The logo of the New York Stock Exchange is written in English and Chinese. Ticker tapes, blaring cable news network updates, and new advertisi...
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Fuel tax unlikely to hike inflation Print E-mail
Friday, 28 November 2008
China's impending fuel tax reforms would not lead to a substantial hike in the country's inflation level as consumer prices are softening and the global and domestic economies are slowing, analysts sa...
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Qinhuangdao coal prices slide by 18% in a week Print E-mail
Friday, 28 November 2008
Coal prices at Qinhuangdao port, China's largest coal port, witnessed the sharpest fall in the year in the past week, with steam coal over 5,500 kilocalories dropping to 570 yuan per ton on Thursday, ...
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State-owned asset companies reform share system before IPO Print E-mail
Friday, 28 November 2008
China's four State-owned asset management companies will undertake reform in their shareholding system as early as the beginning of next year, according to an official meeting held on Wednesday. For ...
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Bailout shows consensus on mitigating economic risks Print E-mail
Friday, 28 November 2008
The NDRC move, set against the backdrop of yesterday's unexpectedly steep interest rate cut by the central bank, shows the central government has reached a widely-expected consensus on how to bail out...
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Reform, opening-up reflects Chinese wisdom Print E-mail
Friday, 28 November 2008
China has made remarkable achievements since it adopted the policy of reform and opening-up 30 years ago, and it is a real miracle, a senior Russian scholar said in a recent interview with Xinhua. Ch...
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10% growth forecast for Pudong Print E-mail
Friday, 28 November 2008
Pudong New Area, Shanghai's flagship development zone, will maintain double-digit economic growth next year, despite the global financial crisis, its top official said yesterday. Unlike some coasta...
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