Brief

For any briefs, most often the Daily Briefs

Bird flu death toll reaches seven

The country has suffered its seventh human bird flu fatality as state media announced Wednesday that a

Heavy losses suffered by securities firms

Securities companies lost more than US$120 million last year thanks to poor stock market performances,

M&A activity surpasses US$46.6 billion

Mergers and acquisitions generated US$46.6 billion in 2005, a 34% rise on 2004, the South China Mornin

Beijing Vantone to take WTC holding

One of China's largest property groups, Beijing Vantone Real Estate, has signed a preliminary lease fo

Datang forges ahead in nuclear power

Datang International Power has made a deal with Guangdong Nuclear Power Investment to build two 1,000

Google to censor China surfers

Google will launch a China-based version of its internet search service that will actively censor resu

Taiwan flight ban reconsidered

Beijing has called for talks to end the five-decade ban on direct air links with Taiwan, the South Chi

Authorities axe Bingdian Weekly

The Bingdian Weekly, which has appeared in the China Youth Daily's Wednesday edition for the past 11 y

FedEx buys JV partner

US company FedEx has expanded its China presence with a US$400 million buyout of its domestic joint ve

Copper scandal agency reigned-in

State Reserves Bureau traders have been banned from buying derivatives after trader Liu Qibing took a

CMB to list in HK

China Merchants Bank is planning a US$1.29 billion June IPO on Hong Kong's stock exchange, the Wall St

T-bond cut-back continues

China will continue to cut the amount of long-term treasury bonds it issues this year, state media rep

Highway shares for displaced farmers

Guangdong transport authorities have proposed offering highway shares to displaced peasants to speed u

Large SOEs post record profits

China's biggest state-owned enterprises posted record profits of more than US$74.4 billion in 2005, pa

Saudi Arabia signs energy accord

China has signed a memorandum of understanding with Saudi Arabia calling for greater cooperation and i

New Year sends adult diaper sales soaring

Sales of adult diapers are booming as residents prepare themselves for lengthy journeys home on crowde

McKinsey urges efficient healthcare

McKinsey & Company said China should enhance incentives for doctors and clarify treatment guidelin

10th human bird flu case

The Ministry of Health announced the country's 10th human case of bird flu infection Monday, Reuters r

ING fund loses half its assets

The joint venture fund run by Dutch banking group ING lost more than half its assets in the fourth qua

GE secures West-East pipeline deal

General Electric has a won a US$196 million contract to help build China's West-East Gas Pipeline, sta

Suppliers aim for 8% coal price rise

Coal prices may rise 8% in 2006 after buyers and sellers were given the freedom to negotiate their own

Antitrust law poised for 2006

China's long-awaited antitrust law could be passed by the end of this year, according to a senior offi

Beijing real estate 20% up

Beijing real estate enjoyed 20% growth in the last five years and now makes up 7.2% of the city's GDP,

Wen blames local authorities for unrest

Premier Wen Jiabao blamed local governments for increasing social unrest in China in a speech to the p

Steelmaker eyes US$1 billion in HK listing

Xingtai Precision Steel Wire Rod Group, the mainland's largest producer of high-end steel wire rods, p

Stocks climb on market merger rumor

Speculation of a possible merger between China's A- and B-share markets has helped boost China stocks,

Yuan set by markets: Ma

People's Bank of China Assistant Governor Ma Delun has rejected US criticism that Beijing manipulates

ICBC in profit after 2005 bailout

Industrial & Commercial Bank of China saw operating profit rise in 2005 while the number of bad lo

Rabobank close to Hangzhou bank deal

Dutch banking group Rabobank is close to finalizing a deal to take a 14.9% stake in Hangzhou Cooperati

MNCs target 2nd tier cities: survey

Multinationals are eyeing China's second-tier cities as expansion destinations for the next two years,

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