Brief

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Prudential and Citic may announce fund management JV

Expanding its already large share of the China market, UK insurer Prudential may announce next week a

CCB looking for risk officer

China Construction Bank, China's second-largest lender, is looking for a new chief risk officer and se

Carlyle could buy state-owned Xuzhou

The US Carlyle Group could become the first foreign group to buy control of a big, state-owned Chinese

US textile talks fail, curbs imposed

The US has restricted imports of Chinese made bras and synthetic fabric for high-end clothing after US

Warning to US on Taiwan missile defense

China warned the US and Taiwan's other arms suppliers that any help given to Taipei to defend itself a

China's trade surplus to quadruple this year

Surging exports to the US and EU will more than quadruple China's trade surplus to about US$140 billio

Oil prices won't restrain China's, India's growth

The Asian Development Bank said rising oil prices will probably not restrain the strong econonic growt

State Council cites government corruption in mines

The executive session of the State Council said some government officials are enmeshed in the rampant

China's piracy of US products hurts US firms

An annual survey by the American Chamber of Commerce in China says unfettered piracy of US products in

Guangzhou cops break up hunger strikers

Riot police broke up a hunger strike by 18 village women in front of the Guangzhou's Pahyu District of

Temasek to pay US$3.6 billion for stake in BoC

Marking the largest single foreign investment in a Chinese bank to date, Singapore's Temasek Holdings

Further JVs permitted

Offshore futures brokerages registered in Hong Kong and Macau can now apply to establish mainland futu

PetroChina sells 3.16 billion H shares

PetroChina Co, China's biggest oil company, sold 3.16 billion Hong Kong shares at HK$6 apiece -- the t

Guangdong Development Bank finds potential investor

Henderson Land Development chairman, Lee Shau-kee, said he will consider using his privately held firm

China Southern will buy 10 Boeings

China Southern Airlines has finalized a deal to buy 10 Boeing 787 aircraft with a total list price of

China Telecom confident it will get mobile license

China Telecom Corp, one of China's leading fixed-line operators, is making plans for its future mobile

Beijing, UN sign human rights accord

Beijing signed an agreement with the UN Human Rights Commission to work on reforming China's legal sys

China to scrap gasoline export tax rebate

China will suspend its export tax rebate on gasoline between Sept 1 to Dec 31 in a bid to ward off dom

Hu's N America itinerary

Chinese President Hu Jintao is due to arrive in the US September 5th, beginning a two-week trip that i

Google's slipping Chinese market share

Baidu's China market share has gained 10.8 percentage points, undercutting the dominance of Google, wh

BoC chooses bankers

Citing "close long-term association", Bank of China announced yesterday its multi-billion-dollar IPO w

UAL hires Ameco for maintenance

In a bid to deepen its ties with China which it views as a key growth market, United Airlines said Chi

Beijing reaches out to HK democrats

At the prodding of Hong Kong leader Donald Tsang, Beijing has invited Hong Kong's entire legislature,

China celebrates Japan's WWII defeat

As the Mainland commemorates the 60th anniversary of Japan's defeat in World War II this week, the gov

7,000 coal mines to face suspension

China has ordered one-third, or about 7,000, of its coal mines to halt production by the end of this y

Banks to protest BOC decision

Merrill Lynch and Deutsche Bank are gearing up to protest a decision by the Bank of China (BOC) to hir

Sinopec to reach pricing agreement

As the price of international crude soared beyond US$70 a barrel, Sinopec said it expects within a mon

ICBC nears stake sale

China's biggest lender, the Industrial and Commercial Bank of China, may sign an MOU to sell a stake t

Mutual fund loss blamed on weak stock market

China's mutual fund industry lost $741 million in the first half of the year due to poor stock market

China AIDS researchers partner with US institute

Chinese health officials are expected to announce an AIDS cooperation partnership with the University

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