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- Chinese rail company damages 3,000-year-old relics: state media
- SHANGHAI AFP — A Chinese construction company severely damaged relics dating back more than 3,000 years while building a section of a high-speed rail linking Beijing and Shanghai, state media reported Tuesday. Work was halted on the section of rail in the eastern city of Nanjing and the company...
- Research articles 2008-09-01
- Sorrowful Yao Ming appeals for quake relief aid
- BEIJING AFP — Sporting idol Yao Ming has said that his sorrow over the earthquake in his native China is too deep for words as he and other elite athletes and sports teams swing behind relief efforts. The Houston Rockets centre has pledged two million yuan (300,000 dollars) in...
- Research articles 2008-05-15
- China unveils new jumbo jet company: report
- BEIJING AFP — China unveiled its own jumbo jet maker in Shanghai on Sunday, state press reported, in a move that could eventually rival Airbus and Boeing. The new company, Commercial Aircraft Corporation of China CACC, will be responsible for researching, developing, manufacturing and marketing a made-in-China large passenger...
- Research articles 2008-05-11
- Italy's Gucci wins copyright case in China
- SHANGHAI AFP — Italian fashion group Gucci has won a suit against a Chinese shoe maker that counterfeited the exclusive "GG" logo in its footwear, state media said Tuesday. Senda Group, based in Jiangsu province in eastern China, was ordered to pay Gucci 180,000 yuan (25,700 dollars) in damages,...
- Research articles 2008-04-15
- Ex-Shanghai boss sentenced to 18 years for graft: official media
- SHANGHAI AFP — Former Shanghai Communist Party boss Chen Liangyu was sentenced to 18 years in prison on Friday, state press said, the most senior Chinese official to be convicted of graft in over a decade. Chen, 61, was sentenced by a court in the northern city of Tianjin...
- Research articles 2008-04-11
- China's yuan breaks through 7.000 to the dollar
- BEIJING AFP — China's central bank on Thursday set the yuan at 6.992 against the dollar, the first time the currency has broken through 7.000 since a peg with the US unit was scrapped nearly three years ago. Thursday's value of 6.992, posted on the central bank's website, means...
- Research articles 2008-04-09
- France's Suez takes stake in Chinese water firm
- SHANGHAI AFP — The French energy and environment group Suez said Monday it had signed a deal to acquire with its partner a stake worth 1.5 billion yuan (214 million dollars) in a state-run Chinese water company. Suez Environment and Hong Kong partner, New World Services, will acquire a...
- Research articles 2008-04-07
- China's software industry sees revenue rise more than 20 percent
- BEIJING AFP — China's software industry saw an increase in revenue of more than 20 percent last year, boosted by particularly swift growth in income from services, state media reported Tuesday. The Chinese software industry generated revenues of 580 billion yuan (81 billion dollars) in 2007, up 20.8 percent...
- Research articles 2008-02-12
- 'Year of the Rat' brings high-priced hamsters: Chinese media
- BEIJING AFP — A sudden spike in the demand for pet rodents, inspired by the start of the "Year of the Rat", has forced the price of hamsters up by as many as six times in China, state media reported Wednesday. Prior to the Lunar New Year, hamsters went...
- Research articles 2008-02-12
- US urges China to step up currency reform
- WASHINGTON AFP — The United States on Wednesday praised China's efforts to allow its yuan currency to appreciate to better reflect the strength of the Chinese economy, but said it was not moving fast enough. "The untold story of our approach to China's currency policy is that it is...
- Research articles 2008-01-30
- Online shopping nearly doubled in China in 2007: report
- BEIJING AFP — Online shopping in China topped 59.4 billion yuan (8.2 billion dollars) last year, state media reported Tuesday, up more than 90 percent from a year ago. Fifty-five million of China's 210 million Internet users shopped online last year, the Xinhua news agency said, citing a report...
- Research articles 2008-01-22
- Beijing to extend smoking ban ahead of Olympics
- BEIJING AFP — Beijing is about to extend a ban on smoking in public places ahead of the Olympic Games despite the Chinese capital's image as a paradise for smokers who have faced few restrictions on where they can light up. According to a draft bill published on a...
- Research articles 2008-01-22
- Higher fines for stars breaking China's one-child rule: state media
- BEIJING AFP — Beijing plans to make an example of celebrities who flout China's one-child policy by dramatically raising fines to prevent them buying their way past the rule, state media said Monday. "Celebrities and wealthy people will be more heavily fined for giving birth to more than one...
- Research articles 2008-01-21
- China produces record 402 feature films in 2007: report
- BEIJING AFP — China produced a record 402 feature films in 2007, state media reported Friday. The country's total box office earnings reached 3.3 billion yuan (449 million dollars), Tong Gang, film bureau director of the State Administration of Radio, Film and Television, told Xinhua. In 2007, China...
- Research articles 2008-01-11
- China trade surplus hits record 262 bln dollars in 2007: state media
- BEIJING AFP — China's trade surplus surged to a record 262.2 billion dollars last year, up 47.7 percent from 2006, the official Xinhua news agency said Friday, citing the customs administration. Total foreign trade hit a record 2.17 trillion dollars, according to Xinhua. The surplus, a source of...
- Research articles 2008-01-10
- China to rebuild old Summer Palace destroyed by West: report
- BEIJING AFP — Construction is set to go ahead in east China on a controversial replica of Beijing's old Summer Palace which was destroyed by French and British armies nearly 150 years ago, state media said Wednesday. Work on the replica of the 400-hectare (990-acre) imperial summer resort, known...
- Research articles 2007-12-04
- China rate hike looking likely as investment rises
- BEIJING AFP — Chinese urban fixed asset investment gained pace in the first 10 months of 2007, official data showed Friday, capping a week of strong data that has raised expectations of an interest rate hike. Fixed asset investment -- a key measure of spending on infrastructure, plants and...
- Research articles 2007-11-15
- Morgan Stanley to buy 35 percent of China fund manager
- SHANGHAI AFP — US investment bank Morgan Stanley will buy 35 percent of Chinese fund manager Jutian for 64.7 million yuan (8.6 million dollars), a statement to the Shenzhen stock exchange said Wednesday. Morgan Stanley will purchase the stake in Shenzhen-based Jutian Fund Management from CITIC Guoan Information Industry,...
- Research articles 2007-10-24
- Shenhua Energy raises 8.9 billion dollars, to list Tuesday
- SHANGHAI AFP — China's top coal producer Shenhua Energy said it has raised 66.58 billion yuan (8.9 billion dollars) in the biggest domestic initial public offering IPO to date. Shenhua Energy, already listed in Hong Kong, will start trading in Shanghai Tuesday, the company said in a statement to...
- Research articles 2007-10-07
- Death for crooked banker
- A CHINESE court has sentenced a former bank manager to death for taking payoffs that led to losses of 700 million yuan (EUR66 million), the official Xinhua News Agency reported yesterday. Huang Jinjiang, who headed an Agricultural Bank of China branch in the south-western province of Sichuan,...
- Research articles 2007-09-23
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