Brief

For any briefs, most often the Daily Briefs

Tighter soybean oil rules to limit imports

China said that, beginning October, it will halve the amount of solvent residues permissible in soybea

Taxes for short-stay working expats

Overseas nationals who stay for less than a year should pay income tax on any earnings made on the mai

China standard for digital cameras coming

The Ministry of Information Industry (MII) said it was trying to draw up a set of national standards f

Cinda plans distressed asset sale

China Cinda Asset Management Corp, which recently bought US$33.7 billion in bad loans from Bank of Chi

Coke piles up, as railways focus on power-plant deliveries

State media reported that transport bottlenecks were leaving three-week stockpiles of coke piled up in

Domestic banks cleared to invest in HK bond market

China said it will allow domestic banks licensed to conduct forex business to invest in Hong Kong's bo

CEPA credited with Hong Kong's tourism gains

Hong Kong's tourism and retail sectors made the biggest gains under the Closer Economic Partnership Ar

Bush attacks RMB currency peg

President George W.

Fake Bill Clinton autobiography reported

State-owned Yilin Press says it has officially complained to authorities over the appearance of Chines

Unicom's sets out standardization strategy

China Unicom Chairman Wang Jianzhou said the company was in talks to take up to a 29% stake in Romania

Report alleges Zhuhai behind company debt

Provisional liquidators of bankrupt Zhu Kuan Group, the investment arm of Zhuhai municipality, claim t

Loans to Topsoft parent investigated

Chengdu-based Shenzhen-listed software house Sichuan Topsoft said the China Securities Regulatory Comm

Appliance OEM sets listing plan

Appliance maker Guangdong Donlim Kitchen Group, which supplies Germany's AEG and other brands with cof

Two-tier company taxes to end in �06

State media reported China's two-tier corporate tax system for domestic and foreign firms will disappe

Ericsson scores China Mobile deal

Swedish telecoms giant Ericsson has been chosen to provide equipment for China Mobile's nationwide exp

Prudential looks to China asset base

Prudential, the UK-based life insurer, is seeking to set up a Chinese asset management business as par

Guodian plans US$750 million IPO

China's fourth largest power producer, China Guodian, is seeking to raise up to US$750 million in an i

Hu: Shanghai cooling measures vital

Chinese President Hu Jintao on a tour of Shanghai declared that recent macroeconomic control measures

Food processing plant for Qingdao, report says

Nippon Suisan Kaisha plans to invest as much as 3 billion yen (US$268 million) to build its largest ev

TV joint venture reveals recovery plan

TCL chairman Tomson Li said TTE Corp, a money-losing joint venture between Thomson and China's TCL Int

S&P boosts banks' ratings

Standard & Poors declared Bank of China and China Construction Bank technically solvent, the decis

Goldman reported close to investment bank goal

Goldman Sachs was reported close to resolving regulatory issues standing in the way of a proposed join

Tom, ESPN in content deal

Tom Online will offer sports-related mobile phone content through a partnership with ESPN including En

China Shipping bids on Dalian port

China Shipping Group signed a letter of intent to invest an estimated US$100 million in the Dayao Bay

China Netcom gearing up for IPO

China Netcom, the country's second largest fixed-line telephone operator, has applied to list in New Y

Taiwan investors warned on independence

Wang Zaixi, vice-director of the State Council's Taiwan Affairs Office, warned Taiwan that China would

Relaxed rules could dent cooling efforts, minister says

National Development and Reform Commission Vice Minister Jiang Weixin conceded that recent State Counc

Guangdong officials cited for budget misuse

Nearly RMB 1 billion (US$113 million) of public money was misappropriated by Guangdong authorities in

CSMC cuts price, readies for IPO

Wuxi-based semiconductor contractor CSMC Technologies Corp will re-launch its stalled Hong Kong flotat

Yangtze Power to invest in bank

Mainland-listed China Yangtze Power plans to invest RMB 2 billion (US$240m) in China Construction Bank

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