Brief

For any briefs, most often the Daily Briefs

Shanghai natural gas JV opens

China's first foreign-funded JV to supply equipment for natural gas stations began operation in Shangh

CITIC's Guangfa buyout snagged

CITIC Securities' plans to buy Guangfa (GF) Securities encountered a major setback with a joint move b

Nortel secures China Telecom data contract

Canadian telecom giant Nortel announced a contract with China Telecom to expand the operator's data ne

BHP doubles China ore sales

BHP Billiton, the world's biggest mining group, announced a doubling of its future iron sales to China

Pfizer files patent appeal

US drug giant Pfizer filed an appeal with a Chinese court against a July decision revoking its nationa

FedEx plans China services growth

FedEx plans to boost its use of Shanghai as an international cargo hub, while more than doubling its w

New rules to boost small investors

The China Securities Regulatory Commission (CSRC) issued guidelines designed to give minority sharehol

Call for gas pipeline expansion

China needs to invest more than US$26.6 billion in pipeline construction over the next 15 years if it

Sinopec tops competitiveness survey

China's leading petrochemical firm, Sinopec, was ranked as the most competitive of China's top 1,000 p

Infineon eyes 'aggressive' growth

German chipmaker Infineon Technologies AG promised an "extremely aggressive" expansion program in Chin

State real estate giant planned

The Chinese government is mulling setting up a giant state-owned real estate group with combined asset

Minmetals secures Norada mines purchase

A consortium led by state-owned China Minmetals Corp appears to have beaten at least three other bidde

Warning over expansion of macro controls

The State Development and Reform Commission said China's economy would grow by 9% this year, a change

Singapore's CapitaLand buys Shanghai site

Singapore government-owned Temasek's CapitaLand unit paid RMB 126 million for a Shanghai site to build

Beijing Enterprises takes over breweries

Beijing Enterprises Holdings said subsidiary Beijing Yanjing Brewery said it would pay Jiangxi Gannan

Sinochem set for first offshore takeover

With a South Korean court approving state-owned Sinochem's bid to take over financially troubled Incho

Tighter rules on dividends mooted

Quoting Sichuan newspaper West China City Daily, the China Securities Journal reported China Securitie

Huaneng signs coal contract

State-controlled and Hong Kong-listed Huaneng International Power Inc said it signed a long-term coal

Labor costs force shoemakers inland

Guangdong's labor shortage and higher costs are prompting manufacturers to move some production inland

Mainland merger activity heats up

With a 185% increase in deal value, up to US$35 billion, China took second place after Australia in me

Viacom extends China reach

US-based media group Viacom has announced new deals extending its reach into China, including a partne

Watsons to double China stores

Hong Kong-based beauty and health care retailer Watsons announced plans to double its store network on

China officials get G7 invite

High-level Chinese officials have for the first time been formally invited to attend a meeting of the

China top for FDI in 2003

In line with similar findings by the Organziation for Economic Cooperation and Development (OECD), the

Huawei signs US$28 million Algeria deal

Shenzhen-based Huawei Technologies, China's number one telecoms equipment provider, signed a US$28 mil

Brilliance slashes auto sales targets

Brilliance China Automotive Holdings, which has a joint venture production agreement with BMW, has sla

Auction market opens to foreign firms

China is drafting legislation to open its auction market to foreign firms in line with its commitment

Piracy watchdog outlines action plan

China's National Copyright Administration said it would intensify its fight against intellectual prope

Industrial companies post big profit increases

Profits at industrial companies with sales of RMB 5 million or more totaled RMB 704.5 billion (US$85 b

Report suggests QFII pilot will become full-fledged program

China will likely expand its qualified foreign institutional investor (QFII) pilot scheme and roll it

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