Decline in foreign banks' market share
International banks' market share of foreign currency loans fell from 15 per cent in 2001 to 7.4 per c
Brief
For any briefs, most often the Daily Briefs
Citigroup buys stake in Pudong
Citigroup has won Chinese government approval for its purchase of a 4.62 per cent stake in Pudong Bank
Taiwan bank offers mainland service
Sinopac Holdings of Taiwan is launching a local currency service in mainland China, the Financial Time
Vice-Premier hears piracy petition
A group of multinational corporations held a meeting with Vice-Premier Wu Yi in September to push for
Copyright quarrel over Peter Rabbit
Frederick Warne, the British publisher and copyright owner of the illustrations in the Peter Rabbit se
New TV production licences granted
The State Administration of Radio, Film and Television has granted television production licences to e
Grace to boost output tenfold
Grace to boost output tenfold
Infeon to invest US$1.2bn in China
Ulrich Schumacher, chairman of German chipmaker Infeon Technologies, said that his company plans to in
Shanghai aims for top slot
Shanghai intends to become the world's largest shipbuilding base by 2015, the New York Times said.
Higher prices boost CNOOC sales
China National Offshore Oil Corporation reported that daily gas and oil production in the first half o
JFE invests in steel plant for car sector
Japan's second largest steelmaker, JFE Steel, is to form a US$179m joint venture with Guangzhou Iron &
DaimlerChrysler plans expansion
Car giant DaimlerChrysler has signed a new agreement with its joint venture partner Beijing Automotive
KPMG warns of mounting overcapacity
Overcapacity will be a major factor in the Chinese motor manufacturing industry in the next two years,
McDonald's opts for franchising growth
Fast-food chain McDonald's is basing its expansion strategy for China on franchising, which it expects
Interbrew buys half of Lion
Malaysia's Lion Group has agreed to sell a 50 per cent stake in its Chinese brewing operations to Belg
Interbrew buys half of Lion
Malaysia's Lion Group has agreed to sell a 50 per cent stake in its Chinese brewing operations to Belg
Guangdong expansion for Continental
Singapore-based Continental Chemicals plans to build a US$125m intermediate chemical plant in Zhuhai,
BASF to build major plant in Shanghai
BASF, the world's largest chemicals manufacturer, is to build a US$1bn integrated polyurethane plant i
Siemens tackles inventory problem
Siemens has reduced its handset inventories in China by selling direct to the public in big cities and
Doubts cast over handset sales figures
Market researchers are confused by the widely different pictures of mobile phone sales given by differ
Domestic carriers opt for Boeing
China Southern Airlines bought four new Airbus A330-200 aircraft in September.
FedEx may move Asia hub to China
Express delivery company FedEx is considering moving its Asia-Pacific hub to Guangzhou from the Philip
Cosco seeks UK base
China Ocean Shipping Co (Cosco) has once again strongly hinted it is seeking to convert its Cosco (UK)
Alliance partners drop Gold Star
China Shipping Container Line (CSCL) and alliance partner CMA CGM are to split from their existing agr
CSCL adds Malta westbound call
China Shipping Container Lines (CSCL) has added a westbound call at Malta on its Asia/Europe Express s
CSCL converts service to shuttle link
China Shipping Container Lines (CSCL) is converting its Asia/America 1 service to a shuttle link by dr
Dalian to win first foreign contract
shipbuilder is in talks with German finance/shipowner company Hansa Treuhand over an order for three n
Evergreen considers switch from Pusan
Evergreen Marine said it was considering moving some freight services from Pusan in South Korea to por
Veolia builds two more plants
Veolia Environement, headquartered in France and one of the world's largest water and waste management
ADB loans for Ningxia and Yunnan
The Asian Development Bank has approved a US$250m loan for a roads project in Ningxia Hui autonomous r
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