Brief

For any briefs, most often the Daily Briefs

Industrial production up 18%

Mainland industrial production in May was 18% higher than during the same period in 2003, according to

Construction Bank to split in two

The China Banking Regulatory Commission announced that the China Construction Bank will be split into

Labor fears China's impact on auto market

The International Metalworkers� Federation warned that excess vehicle production capacity in China w

Hong Kong watching money-laundering

The Hong Kong Monetary Authority (HKMA) issued a supplementary letter to its anti-money laundering gui

China Merchants plans two spin-offs

Hong Kong-listed China Merchants Holdings announced that it will move out of roads and tankers to focu

Beijing to dress down and save energy

The government said office workers should stop wearing business suits and focus on saving energy.

Toyota to sell Lexus on mainland

Toyota announced that it plans to begin sales of its Lexus luxury car line in China by the end of 2004

Derivatives trade to get US help

The Chicago Mercantile Exchange (Merc) announced that it will help develop mainland derivatives market

Two new airlines approved

The Civil Aviation of China (CAAC) gave initial approval to two private airlines.

Exits could shrink Hong Kong's start-up board

The biggest companies on the Global Enterprise Market (GEM), Hong Kong's second board have either appl

World Expo cost going up

The Shanghai municipal government said building the 2010 World Expo site would cost US$3.6 billion, up

Home Depot to enter China

Home Depot announced that it plans to make a major expansion into China.

China most attractive investment

The UN Trade and Development Organization's Global Investment Prospect Assessment found China the worl

New controls on banks

China's regulators announced new restrictions on banks borrowing overseas.

Honda sues over IPR dispute

Honda Motor is suing Chongqing Lifan Industry Group and Wenan Motor for trademark violation, according

Two Men indicted for export to China

Two men were indicted by a US federal grand jury in San Jose, California on nine counts including expo

US visa call center reopened

The All-China Visa Information Center reopened after having been closed down by Chinese authorities, w

China eyes wind power

Environmental group Greenpeace released a statement asserting that China's ambitions to increase its w

SABMiller ends takover bid

SABMiller ended its takeover bid for Harbin Brewery, essentially ending its struggle with global rival

China orders drug price cut

Beijing ordered price cuts of up to 56% on antibiotics to bring down health costs in response to consu

Q2 growth forecast at 11.4%

China's economy is likely to grow 11.4% in the second quarter according to a projection made by a top

Chi Mei ready to leave mainland

The chairman of Taiwan's Chi Mei Optoelectronics said in an interview with Economic Daily News that th

China Resources to buy into Zhengzhou Gas

China Resources Enterprise announced it signed a preliminary framework agreement to buy a 20% share of

Thames Water pulls out of project

RWE Thames Water pulled out of a Shanghai water treatment project after the Shanghai government declar

Official: Beijing not involved in radio resignations

A high-ranking central government official denied any involvement by Beijing in the recent resignation

Real estate tycoon sentenced

Shanghai property tycoon Zhou Zhengyi received a three-year prison sentence from Shanghai Number One I

Regional economic forum formed

Leaders from nine provinces and two special administrative regions announced that they formed a region

Wen calls for grain liberalization

Premier Wen Jiabao said China should liberalize grain trading in major production areas throughout the

BP signs LNG deal with CNOOC

China National Offshore Oil Corp (CNOOC), British Petroleum (BP) and Guangdong province signed joint c

Car entry points designated

The State Development and Reform Commission (SDRC) issued a new auto industry development report, in w

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