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Business in China



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3Vote!

China's Changing Worldview Is Bad For Your Business

In a recent article, entitled China's GDP growth likely to reach double digits again, Xinhua repeats another of the endless reports we here in China are constantly seeing projecting double digit growth for the Chinese... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

3Vote!

International Business Law Advisor

Our blogroll is very intentionally limited to blogs on China or, at minimum, those with a decided China focus. If we were to open it beyond these confines, I have no idea what the new confines would be, our blogroll would... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

3Vote!

New CSRC rule on avoidance

I've recently started following (and rec...

3Vote!

China's NPC Comes Out With Draft Legislation For Public Comment

The PRC National People's Congress has been focusing on increasing public involvement in China's lawmaking process. One technique it has been using to achieve that has been to issue draft laws and provide the public with an... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

3Vote!

Brazil biofuel producers hail government's proposal of 20% biodiesel blend by 2015

Biodiesel producers in Brazil cheered the government's proposal to gradually increase the amount of biodiesel in diesel fuel to 20 percent in big cities by 2015. Sergio Beltrao, head of the Brazilian Biodiesel Union, told a press conference that their producers' plants would be able to provide the new biofuel as of 2010, which would mean an increase of 2,500 million liters. The union is an association...

3Vote!

Vietnam signals change in economic policy

Vietnam is manifesting some signs for change in its economic policy in view of the pickup of the world economy and increasing fiscal deficit. At a recent monthly government meeting, Vietnam has decided to extend the subsidized loan program, a highlight of the existing stimulus, but with a lower interest rate subsidy and primarily for export-oriented companies. Officials also decided to end the tax...

3Vote!

Indonesia's economic growth to reach 4% in Q3: experts

Indonesian economists estimated that the country's economic growth would reach 3.9-4 percent in the third quarter, lower than the government's initial estimation of 4.1-4.2 percent, local media reported here on Saturday. "We expected economic growth to have accelerated in the third quarter this year to 4.05 percent on year-on-year basis," Bank Danamon Economists Anton Gunawan and Helmi Arman...

3Vote!

Indonesia's economic growth to reach 8% by 2014: minister

State Minister for National Development Planning (Bappenas) affairs Armida Alisjahbana estimated that Indonesia's economic growth to reach 8 percent by 2014 when the present government ends its service, local media reported here on Saturday. Armida said that Indonesia's economic condition would continue to improve in the following years with 2010 growth estimation set at a range of 5.5-5.6 percent....

3Vote!

Total eyes oil production rise in Congo by year-end

French company Total, the top oil operator in the Republic of Congo, plans to increase its production by at least 20 percent by the year-end, the state radio reported on Friday. "The prospects in matters of petroleum production are good. At the end of the year Congo will be able to produce 300,000 barrels per day," the director of Total in Congo, Jacques Azibert, declared after having a meeting...

3Vote!

Inter-American Development Bank supports biomass power project in Chile

The Inter-American Development Bank (IDB) approved a loan of 6.5 million U.S. dollars on Friday to build a 15.6-megawatt biomass power plant in Chile. The plant, which will use agricultural, forestry and industrial waste as fuel, would have almost zero carbon dioxide emissions and thus meet the strict international environmental standards, the IDB said. The plant will be located near a paper manufacturer,...

3Vote!

Blackstone's loss narrows in third quarter

The Blackstone Group LP, a U.S. leading hedge fund and private equity firm, on Friday posted a narrower loss for the third quarter. Blackstone's revenue turned positive, to 597 million U.S. dollars, from negative revenue of 160.3 million dollars last year. The loss after paying preferred dividends fell to 176.2 million dollars, or 91 cents per common unit, from 340.3 million dollars, or 1.56 dollars...

3Vote!

Dollar rises as U.S. unemployment jumps above 10%

The dollar rose against most major currencies on Friday as safety-haven demand for the U.S. currency was boosted by high employment rate. The unemployment rate rose from 9.8 to 10.2 percent in October, the U.S. Bureau of Labor Statistics reported. It was the first time the unemployment surpassing 10 percent in 26 years. Most analysts have forecasted a slighter increase to 9.9 percent. Nonfarm payroll...

3Vote!

Austrian foreign trade down significantly

Austrian foreign trade from January to August dropped by more than 20 percent compared to the same period last year. The foreign trade deficit was nine times more than the previous period, increasing from 283.8 million euros (417.5 million U.S. dollars) to 2,490 million euros (3,673.1 million U.S. dollars). According to the latest figures of Statistics Austria, Austrian exports from January to August...

4Vote!

AIG keeps profitable for second quarter

American International Group Inc., the troubled insurance giant, said Friday it was profitable for the second straight quarter. Net income available to common shareholders was 92 million U.S. dollars in the third quarter, compared with a loss of 24.47 billion dollars during the same quarter last year. Including the government's portion of the profit, AIG earned 455 million dollars, or 68 cents per...

3Vote!

Gold tops 1,100 dollars after rising jobless rate

Gold futures on the COMEX Division of the New York Mercantile Exchange rallied above 1,100 U.S. dollars on Friday after the jobless rate rose to a 26-year high, setting a new all-time high for the third time in recent four sessions. Silver and platinum both fell. The most active gold contract for December delivery climbed 6.40 dollars, or 0.6 percent, to finish at 1,095.70 dollars an ounce. In the...

The 3 latest articles published by users on Business in China :

4Vote!

The Future of Global Oil and Gas Storage Industry to 2013

The Future of Global Oil and Gas Storage Industry to 2013    - aarkstore

Summary The leading business intelligence provider, has released its latest research “The Future of Global Oil and Gas Storage Industry to 2013”. The study, which is an offering from the company’s Energy Research Group, provides in-depth analysis of the global oil and natural gas storage market with capacity forecasts and key storage statistics to 2013. The study provides detailed analysis and forecasts...

4Vote!

Asia Gas & LNG Report

Asia Gas & LNG Report - bharatbook

Global Industry Overview - The 2008 Asia Gas & LNG Report begins with an insightful overview of global gas reserves, supply and demand, and the future growth potential of the international gas industry. As more stranded gas deposits become exploitable through advances in extraction and transportation technology, It evaluates long-term supply growth potential in the market. This is weighed against demand

5Vote!

Talks regarding Volvo sale show no progress

Talks regarding Volvo sale show no progress - habser

While Geely remains to be in play to take over the Swedish unit Volvo , parent company Ford said there hasn’t been much progress in the talks. At the opening of the new plant in Chongqing, Southwest China, Ford’s CEO Allan Mulally said that Ford wants to sell Volvo because it wants to focus solely on Ford’s business and not because of poor performance in the auto sector.