Brief

For any briefs, most often the Daily Briefs

Human rights amendment gets tepid US reception

The US State Department welcomed the new amendments to China's constitution passed at the National Peo

China, France hold joint naval exercises

China and France held joint naval exercises off the coast of Qingdao, Shandong province, four days bef

EU trade chief addresses EU-China relations

European Union (EU) Trade Commissioner Pascal Lamy spoke about EU-China relations in Shanghai, praisin

GM 2003 China earnings rise to US$437m

General Motors (GM) said its 2003 earnings from China totaled US$437 million, more than triple its ear

Beijing attempts to curb hot money inflows

China has reduced the number of US dollars non-residents can change into renminbi in one day from US$2

China criticizes US trade policy

China's Ministry of Commerce released a report in which it criticized US trade policy as excessively p

Wen airs laundry list of economic concerns

Chinese Premier Wen Jiabao warned that the country's economy was �at a critical juncture� in 2004,

Budget, economic plan passed

The National People's Congress, China's legislative body, passed the national budget and approved the

China's retail sales up 10.6%

China's retail sales experienced a 10.5% year-on-year increase during January and February, according

Ito-Yokado to enter supermarket JV

Asia's largest retailer, Japan-based Ito-Yokado Co, announced that it planned to enter into a supermar

NPC passes constitutional amendments

China adopted a total of 14 amendments to its constitution during the second session of the 10th Natio

Premier discusses Tiananmen incident

China Premier Wen Jiabao addressed government actions during the 1989 Tiananmen incident at a press co

FDI up 10.3%, contracted investment up 34.5%

China attracted US$8.3 billion in foreign direct investment (FDI) in the first two months of this year

China, Russia hold up IAEA resolution on Iran

China and Russia refused to accept a draft nuclear resolution on Iran's nuclear secrecy at Internation

Forex savings deposits drop 7.5%

People's Bank of China (PBOC), China's central bank, said that foreign exchange savings deposits dropp

Vice-premier addresses environment issues

China's vice-premier said the country's worsening environmental situation did not improve in 2003, cal

Survey: China to drive aluminum prices up

A survey by US investment bank Merrill Lynch concluded that global aluminum prices would rise rapidly

China-Intel standoff continues

Chinese officials responded to US chipmaker Intel's vow to halt sales of its Centrino technology to Ch

State banks given ambitious goals

The China Banking Regulatory Commission (CBRC), set new performance goals for the Bank of China (BOC)

CNOOC signs RMB 14bn gas deal

China National Offshore Oil Corp (CNOOC) said it agreed to build a RMB 14 billion liquefied natural ga

China to use foreign bank credit data

China announced that foreign banks will be permitted to share credit data on both individuals and corp

Fortis Haitong launches China's largest mutual fund

Fortis Haitong Fund Management said it received RMB 12 billion from investors, the largest subscriptio

HP to significantly increase China presence

Computer maker Hewlett-Packard (HP) announced that it will significantly increase its investment in th

Construction approval frozen for 26 cities

China announced the freezing of construction approval for land in 26 cities, including Beijing, after

JP Morgan approved to set up fund JV

JP Morgan Chase's asset management arm said it received approval to set up an US$18 million fund manag

China sets up first DNA databank

China announced the opening of its first DNA databank.

BOC debt sale delayed

Plans by the Bank of China (BOC) to sell US$724.9 billion to US$1.1 billion of non-performing loans wa

CNOOC forms trading JV with Sinopec

Oil and gas producer China National Offshore Oil Corporation (CNOOC) formed a trading joint venture wi

Industrial growth slows

China's industrial production growth slowed in January and February, the first such slowdown since Sep

Maglev reports denied

An official of the Zhejiang provincial government denied media reports that a magnetic levitation (mag

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