Brief

For any briefs, most often the Daily Briefs

CSRC to accelerate capital market reform

China Securities Regulatory Commission Vice Chairman Tu Guangshao said the watchdog would shut brokera

Zhongda in bus-making JV

Zhongda International Holdings said it had formed a RMB23m (US$2.77m) joint-venture company called Zho

Alarm over foreign tax cheats

China Business Weekly reported investigators are coming down hard on suspected tax cheats after offici

US$10bn project to turn coal into diesel

China, with 12% of the world's known coal reserves, unveiled plans to spend as much as $10 billion on

China bumps up wheat order

Australia's wheat board, AWB Ltd, signed a contract with China National Cereals, Oils and Foodstuffs C

Big plans for more power plants

J-Power, formally known as Electric Power Development Co and now at work building a 1.2m kW coal-fired

MG Rover to sign US$1.85bn China deal

British carmaker MG Rover said it was on the brink of signing a US$1.85bn deal with Shanghai Automotiv

Temasek gets OK for Mingsheng stake

Banking regulators approved the sale of a 4.55% stake in the China Mingsheng Bank to Singapore governm

Probe into Inner Mongolia plane crash

Investigators began work to determine the cause of an airplane crash in Inner Mongolia Sunday that lef

Hebei mine blaze kills 33

Another fatal accident hit China's mines with 33 miners killed and 28 trapped underground by an underg

China, NZ to begin FTA talks

China and New Zealand are to begin negotiations on a free trade agreement (FTA).

Golden Weeks may go

State media reported that Beijing is considering scrapping China's two main Golden Week holidays in Ma

Trade figures still charging up

In a joint statement, the Ministry of Commerce and the Chinese Academy of International Trade and Econ

Stanchart buys China bank stake

London-listed and Asia-centric Standard Chartered Plc will reportedly buy a near 20% stake in a new co

Commonwealth Bank close to China bank stake

Hard on the heels of ANZ Bank's move to buy a stake in Shanghai Rural Credit Cooperative, Commonwealth

Exploring joint explorations with NASA

China is among 16 countries exploring cooperative lunar and Mars probes with the US National Aeronauti

China Guofeng preps for IPO

Pending approvals, construction industry supplier China Guofeng Group could be first among a spate of

West can expect loans, but only on commercial basis

More loans backing investments in hydro power and natural gas will help advance growth in China's west

Salary check on senior execs

Senior executives in Beijing, Shanghai, Guangzhou and Shenzhen, China's most developed business center

Focus Media snares injections from Goldman, 3i

Focus Media, China's biggest electronic ad sign company got cash injections from Goldman Sachs and UK

Laws eased on TV ownership

China is to let foreign media investors take stakes in Chinese production companies for the first time

Email account switch

Nearly 10% of China's Internet users switched e-mail accounts in the June-August period, responding to

Hu inks US$20bn investments in Argentina

President Hu Jintao signed deals to invest around US$20bn in Argentina over the next 10 years.

FDI up 70% in west

Foreign direct investment (FDI) into Western China is projected to top US$3 billion by yearend, a year

Fix-it center for outbound investors

The Ministry of Commerce said it has set up a system to report on obstacles encountered by outbound Ch

Deal boosts mainland-Macau flights

Macau signed a new aviation pact with the mainland almost doubling its quota for weekly flights to Chi

WTO talks toilets in Beijing

The annual meeting of the World Toilet Organization (WTO) opened in Beijing with 400 delegates attendi

Netcom shares rise 14% on NY debut

Share in China Netcom, China's second-biggest fixed-line telco, jumped 14% in their New York trading d

Mines seek foreign capital boost

China is seeking to boost overseas investment in its mining industry, promising a better investment en

GM sees auto industry revival in '05

General Motors' Chief Executive Rick Wagoner forecast a recovery in China's auto market by mid-2005, s

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