Date
21 February 2020

World

  • Big fiscal picture but no specifics from plenum, CCBI says

    Nov 6, 2013 6:42pm
    A framework for fiscal reform is set to emerge from this month’s gathering of Communist Party leaders but concrete measures are unlikely, according to a senior researcher at China Construction Bank International Securities Ltd. (CCBI). Eliza...
  • Japan auto makers reap strong China sales in Oct, paper says

    Nov 6, 2013 3:00pm
    Japanese carmakers recorded strong sales growth in China last month compared to the levels a year ago, when sales were dented by a consumer boycott of Japanese brands amid the Diaoyu Islands row, Shanghai Daily reported...
  • Sinopec parent plans US$17.7b stake buyback, paper says

    Nov 6, 2013 2:56pm
    China Petrochemical Corp. Group, parent of China Petroleum & Chemical Corp. (Sinopec Corp.) (00386.HK, 600028.CN), plans to spend as much as US$17.7 billion to buy back a 2 percent stake in the listed entity over the...
  • Robot makers bullish over China’s market, paper says

    Nov 6, 2013 2:38pm
    Global robot makers such as Germany’s KUKA Robotics Corp. see vast opportunities for automation in China because of the low robot density in the nation’s factories, Shanghai Daily reported Tuesday. According to the International Federation of Robotics (IFR),...
  • Volvo expects to exceed 2013 China sales target, WSJ says

    Nov 6, 2013 2:23pm
    Volvo Car Corp. expects to surpass its sales target in China this year thanks to an expanded dealer network and wider product range that helped fuel a 50 percent increase in October sales, the Wall Street...
  • Master Kong owner sorry for food scandal, paper says

    Nov 6, 2013 2:19pm
    Ting Hsin International Group, owner of the Master Kong instant noodle brand, on Tuesday issued a public apology after its Taiwan units were ordered to recall tens of thousands of bottles of adulterated cooking oil, Shanghai Daily reported. The...
  • Goldman Sachs forecasts 7.6% GDP growth for 2013, Sina says

    Nov 6, 2013 12:19pm
    Goldman Sachs Group Inc. expects China’s economy to maintain its steady growth with the gross domestic product up 7.6 percent this year and rising 7.7 percent in 2014, news portal Sina.com reported Tuesday. The sharp home price...
  • One killed in blast near Shanxi CPC office, Xinhua says

    Nov 6, 2013 12:11pm
    One person was killed, one was seriously injured and seven others received light injuries after a series of small explosions near the Communist Party of China (CPC) office in Taiyuan in Shanxi province Wednesday morning, Xinhua...
  • China, Japan, S Korea to hold senior-level talks, Yonhap says

    Nov 6, 2013 10:31am
    Officials from China, Japan and South Korea will meet in Seoul on Thursday to hold the eighth round of senior-level talks on various issues, including a possible three-way cooperation plan, Yonhap news agency reported Tuesday, citing...
  • Small explosions rock Shanxi party offices area, govt says

    Nov 6, 2013 10:13am
    A series of small explosions ripped through an area near the Communist Party offices in Shanxi province, authorities said in a microblog post Wednesday. The blasts occurred around 7:40 a.m., injuring one person and damaging two...
  • Taiwan, Japan ink railway and other pacts , Kyodo says

    Nov 6, 2013 9:56am
    Taiwan and Japan on Tuesday signed new agreements and memoranda of understanding covering five fields, after earlier inking a bilateral fishery deal in April, Kyodo news agency reported. The latest agrrements cover railway, pharmaceuticals, e-commerce, intellectual...
  • Cross-strait summit yields 4.32 bln yuan deals, Xinhua says

    Nov 6, 2013 9:49am
    Four contracts worth more than 4.32 billion yuan (US$708 million) were signed on Tuesday during a cross-strait business summit in Nanjing, the official Xinhua news agency reported Tuesday. Among the deals, Taiwan’s Jifu group will invest...
  • Guangdong confirms H7N9 human infection, Xinhua says

    Nov 6, 2013 9:28am
    Guangdong province has confirmed a case of human H7N9 bird flu infection, the official Xinhua news agency reported Tuesday. The patient is a three-year-old boy from Sichuan province. He is receiving treatment in isolation at the Dongguan...
  • 81 SOEs plan 221.4 bln yuan investments in Jiangxi, Xinhua says

    Nov 6, 2013 9:01am
    At least 81 state-owned enterprises plan to invest 221.4 billion yuan (US$36.03 billion) in eastern China’s Jiangxi province, Xinhua news agency reported Wednesday. The investments will mainly go to infrastructure, energy-saving and environmental protection projects, the...
  • Li has more leeway to juggle job and growth targets

    Nov 6, 2013 8:48am
    As per convention, Premier Li Keqiang {李克強} has delivered an economic report card to the All China Federation of Trade Unions, an affiliated organization of the ruling party. In an address to the workers’ group last...
  • China to offer loans to Portuguese-speaking countries, HKEJ says

    Nov 6, 2013 8:29am
    China will provide 1.8 billion yuan worth of preferential loans to Portuguese-speaking countries in Asia and Africa, the Hong Kong Economic Journal reported Wednesday, citing Vice Premier Wang Yang {汪洋}. The loans are part of measures to...
  • China-North Korea trade hits US$46.9 bln, agency says

    Nov 6, 2013 7:52am
    Trade between China and North Korea came to US$46.9 billion in the nine months to September, up US$200 million from the same period last year, Yonhap news agency reported Wednesday, citing an unnamed source. North Korea’s...
  • Xi vows to speed up change in economic devt path, Xinhua says

    Nov 6, 2013 7:47am
    President Xi Jinping {習近平} said Tuesday during an official visit to Hunan province that the government will strive to speed up change in the economic development model, pointing out that success should not be measured only...
  • Japan arrests Chinese coral boat captain, Kyodo says

    Nov 6, 2013 7:23am
    A Chinese coral fishing boat captain was arrested by the Japanese coast guard Tuesday on suspicion of fishing in the country’s exclusive economic zone, Kyodo news agency reported. The captain allegedly operated without permission in waters...
  • Mainlanders top buyers of new homes worldwide, report says

    Nov 6, 2013 7:06am
    Chinese have emerged as the top buyers of new residential properties in prime markets overseas, helped by a strong yuan, Shanghai Daily reported Wednesday, citing a report from global property consultant Knight Frank. Buyers from the Chinese...