Brief

For any briefs, most often the Daily Briefs

Inflation tame as M2 rises 18%

The People's Bank of China said money supply (M2), was up 18% at the end of October year-on-year, the

JV targets after-sales service

US Cornell Capital Partners and Beijing Jinche Yingang Auto Maintenance Center will establish a Beijin

Forbes rich ratings risk death

Russell Flannery, Forbes magazine's man in Shanghai who composes the 10-year-old "China Rich List", sa

DaimlerChrysler-Mitsubishi JVs stay

German-American auto maker DaimlerChrysler has announced plans to sell its 12.4% stake in Japan's Mits

Four banks pursue Guangdong stake

Citigroup, ABN Amro, Societe Generale SA and DBS Group Holdings are expected to file final bids next w

Delta eyes China

In a bid to tap into China's fast-growing travel market, US-based Delta Air Lines said it has applied

Airbus, AVIC in US$500m deal

China Aviation Industry Corporation 1 (AVIC-1) signed a US$500-million deal to build wing boxes for Ai

China's oil needs seen as declining

Chinese oil demand is on course to account for 16% of the world's new consumption, down from 30% last

US unprepared for China: report

The US is not prepared to respond quickly if a conflict were to arise between the Mainland and Taiwan,

China mulls importing crude to fill reserves

China could import oil to help fill its planned strategic petroleum reserve, and should consider quick

Bush, Dalai Lama meet

Two days after the White House named China a serious violator of religious freedom in a report to Cong

Trade surplus widens

China's October trade surplus rose to a record US$12 billion, with exports rising 29.7% year-on-year t

British firm to design 3 Chinese cities

Coinciding with Chinese president Hu Jintao's visit, British engineering consultant Arup signed an agr

Air China, Rolls-Royce in US$800m deal

President Hu Jintao and British Prime Minister Tony Blair in London witnessed the signing of commercia

Insurance license granted to Lloyd's

Lloyd's of London, the world's biggest insurance underwriting market, was granted a license to set up

Bird flu spreads

A bird flu outbreak last reported in China's northeast has spread to three other townships, state medi

BP in talks to acquire CAO stake

Global oil company BP PLC is negotiating to buy a stake in China Aviation Oil (Singapore) Corp, the je

US embassy warns of attacks

Chinese authorities warned that Islamic extremists might be planning an attack on luxury hotels in Chi

Bush: China should move towards flexible yuan

US President George W Bush told reporters from Asian countries ahead of his visit to Asia next week th

Yahoo focuses on search

In a clear signal that it is pursuing China's huge search market, Alibaba, which operates Yahoo's Chin

Beijing cool to China-US textile pact

While China welcomed the three-year textile import deal with the US, it lashed out against American "r

Bush to press Hu on 'low' yuan

US President George W Bush will press China to employ a more market-driven currency system when he mee

Telecom leader Datang in fraud probe

Beijing's Datang Telecom Technology, believed to have invented China's high-speed mobile phone technol

Brazil disappointed with China deal

Benefits for Brazil after permitting China market access have disappointed government assessors, accor

Coal exports expected to fall 25%

Coal exports are expected to drop 25% this year because foreign purchasers are delaying orders in hope

SOE profits and sales soar

China's major state-owned enterprises increased sales and profits during the first nine months as regu

No sale for Shanghai's pricey condos

Not one condominium has been sold in Shanghai's most expensive housing project, reported state media,

Hu Jintao raises arms ban in UK

President Hu Jintao's London visit this week will take up issues of trade, global security, climate ch

Tiger Woods visit will advance golf

Chinese No 1 golfer Zhang Lian-wei, five-time winner on the Asian Tour, believes Tiger Woods' particip

PBOC: Economic performance rises

China has moved to upgrade its weak financial system and the intial results are good, said the People'

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