Brief

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China air travel on serious growth track

China's passenger traffic could grow to five times its current size in 20 years, an Airbus Industrie e

Taiwan's biggest chip firms gearing up

Taiwan chipmakers are gearing up mainland investment plans in hopes Taipei will approve investment pro

Call for bids on research projects

The Ministry of Information Industry (MII) called for Chinese companies to bid on 19 technology resear

Shenzhen clean-up

In an effort to tidy up the city's image, the Shenzhen government ordered a crackdown on saunas and br

Naming China's most polluted cities

In a first, environmental authorities named and shamed 10 cities with the worst air pollution in the c

BOC seeking foreign partner

The Bank of China is in talks to sell an equity stake to a foreign bank.

Tesco to acquire Hymall stake

UK-based retailer Tesco agreed to purchase a 50% share in Hymall Commercial Retail Group for US$259 mi

Deals signed at PPRD symposium

Officials signed agreements for 473 infrastructure and transport projects worth a total of US$29 billi

More easing of capital movement

China will go nationwide with its pilot program allowing multinationals to buy and sell yuan for non-t

Flex-hours requested

The Shanghai government said it will ask 700 high-energy-consuming companies to reschedule work shifts

Foreign direct investment still climbs

Actual foreign direct investment (FDI) rose 12% year on year to US$34 billion in the first half of 200

Foreign expertise in farm sector

China's agriculture sector could use foreign expertise, Vice Premier Hui Liangyu told World Food Prize

More breaks for consumers

Shanghai Wanbang Cruises said it would compensate passengers for late departures of its cruise ship, b

Taiwan may relax yuan exchange restrictions

Taiwan officials announced that they are considering relaxing a ban on currency exchange between New T

PBOC warns financial firms

People's Bank of China (PBOC) Governor Zhou Xiaochuan said mismanaged financial institutions must be e

Sinopec boosting ethylene output

China Petroleum & Chemical Corp (Sinopec) plans to build new ethylene production plants in Shangha

US, China end chip tax dispute

With China agreeing to gradually phase out duties on imported semiconductors, the United States said i

China Netcom reported close to PCCW stake

Beijing-based China Netcom is considering spending US$4.13 billion for an undisclosed stake in Hong Ko

Mainlanders drive up Hong Kong visitor count

Hong Kong's visitor arrivals surged to pre-SARS levels, climbing almost 300% year on year in May to a

Goldman invests in Nep-Star drug chain

Goldman Sachs signed a letter of intent to invest US$40 million in Chinese drug retailer Shenzhen Nep-

China Plans Checks on Dupont Cookware

Following reports that the US Environmental Protection Agency planned to cite Dupont for not disclosin

Citic Securities warns of crashing net

Shenzhen-based Citic Securities, China's sole listed broker, warned first-half net earnings would shri

Kia plans mainland expansion

South Korea-based Kia Motor plans to increase its China investment and raise production capacity by 20

Devotion Eco-Thermal to raise funds

Devotion Eco-Thermal plans a new private placement.

Fund hints of buying Hong Kong bonds

China's social security fund hinted it would invest in the Hong Kong government's new global bond issu

Textile production moving to China

Luen Thai Holding plans to expand its garment production infrastructure in China in response to the el

Superconductor net goes live

China's first superconductor cable network went live in Kunming, Yunnan province, making China one of

PBOC okays securities as collateral

The People's Bank of China issued guidelines allowing Shanghai banks to let brokerages use securities

UBS to invest more in China

UBS announced plans to invest US$200 million in asset management or brokerage companies in China.

Newbridge deal cancelled

China Minsheng Bank announced that that a deal between shareholder China National Coal Group and US-ba

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