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Business in China



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4Vote!

China Holdings Acquisition Corp. Announces Approval of the Business Combination with Jinjiang Hengda Ceramics

WILMINGTON, Del.--(BUSINESS WIRE)--China Holdings Acquisition Corp. (AMEX:HOL) (the “Company” or “CHAC”), a special purpose acquisition company, today announced its stockholders approved the Company's previously announced proposed business combination with Success Winner Limited, CHAC’s target company and the parent entity of Jinjiang Hengda Ceramics Co., Ltd. (“Hengda”)....

3Vote!

China telecom sector reports nearly 700 bln yuan in main business revenue by Oct.

China's telecom industry reported 698,9 billion yuan (101 billion U.S. dollars) in main business revenue for the first ten months this year, up 3.4 percent year on year, according to a statement Friday by the Ministry of Industry and Information Technology. To breakdown, business revenue of wireless telecommunications took 60 percent share while those for fixed-line business and data communications...

3Vote!

Tax-take from automobile industry surges in China

Tax-take from the automobile industry has surged in the first 10 months this year as auto production and sales were booming in the world's largest market. The State Administration of Taxation said Friday value added tax (VAT) paid by the transportation equipment manufacturing industry grew 28.8 percent to 88.6 billion yuan (13 billion U.S. dollars) during the period, and business income tax revenue...

3Vote!

Executive Moves: Frontage

Samir Ghodbane, Ph.D. , has been appointed as the new general manager of CMC services and CTM manufacturing at Frontage . Dr. Ghodbane has extensive experience and expertise in product development and technical operations spanning the complete product development cycle, as well as a comprehensive understanding of branded and generic pharmaceutical environments. He has led drug development and technical...

5Vote!

LDK Solar completes sale of stake in Chinese plant

LDK Solar Co. Ltd., a Chinese maker of parts for solar cells, on Friday said it completed the sale of a 15 percent ownership stake in a polysilicon plant in China for about $219 million. LDK Solar said that it has received unspecified proceeds from the sale.... Solar cell - Energy - Solar - Renewable - Business

3Vote!

China continues anti-dumping measures on some imported TDI

China's Ministry of Commerce (MOC) announced Friday that it will maintain anti-dumping measures on some imported Toluene Diisocyanate (TDI) from Nov. 21. The anti-dumping measures target TDI, a widely used organic compound in the chemical industry, imported from Japan, the Republic of Korea, and the United States. The period will be five years. China launched anti-dumping measures on TDI from those...

3Vote!

China to float 15 bln yuan T-bonds next week

China will issue 15 billion yuan (about 2.2 billion U.S. dollars) of short-term treasury bonds next week, the Ministry of Finance said here Friday. The book-entry treasury bonds, which is the 24th batch of its kind in the year, has a term of 273 days, said the ministry in a statement on its website. The T-bonds will be sold at an issue price of 98.979 yuan, with an annual interest rate of 1.39 percent....

3Vote!

Hong Kong's October underlying CPI falls 0.3%

The underlying consumer price index of Hong Kong for October fell 0.3 percent year on year, statistics authority said Friday. The composite consumer price index rose by 2.2 percent year on year, representing a larger growth than that in September, the Census and Statistics Department of the Hong Kong Special Administrative Region (HKSAR) government said. However, the underlying CPI inflation, or the...

3Vote!

China's economy to expand 9.4% in 2010, report forecasts

China's economy is forecast to grow more than 9 percent next year on the growth of domestic consumption and improving exports, said a report released Friday by the Beijing-based Renmin University of China. The country's retail sales are predicted to increase 18.2 percent year on year in 2010, boosted by domestic consumption and income growth, according to the report. China's retail sales in October...

3Vote!

French gov't unveils debt plan to enhance development

The French government on Thursday unveiled a 35-billion-euro (52 billion U.S. dollars) national debt policy aimed at enhancing France's long-term development. A commission led by former prime ministers Alain Juppe and Michel Rocard on Thursday submitted a report to President Nicolas Sarkozy, outlining priorities of the financing campaign. According to the report, 13 billion euros (19 billion dollars)...

3Vote!

Japan's central bank chief denies differences between BOJ, government

Masaaki Shirakawa, the governor of the Bank of Japan (BOJ), denied on Friday there was a difference of opinion between his organization and the government, despite seemingly contradictory statements from the two sides on the economy being released earlier in the day. "I don't think there is a difference in our views on price moves," Shirakawa said at a news conference. Earlier in the day,...

3Vote!

39th ASEAN bankers' council meeting held in Cambodia

Senior officials from ASEAN nations' national and private banks gathered here on Friday to attend the 39th ASEAN banking council meeting. The annual bankers' meeting focused on how to speed up the process of the integration of ASEAN financial services by 2015, and discussed on the cooperation in finance, investment, education and ASEAN inter-regional relations. "The close cooperation among ASEAN...

3Vote!

S Korean FM says no renegotiation with U.S. on FTA

South Korean Foreign Minister Yu Myung-hwan said Friday the government will not renegotiate with the United states on the free trade agreement (FTA) between the two countries. Yu made the comment while addressing the National Assembly, as a clarification to a remark President Lee Myung-bak made at a joint press conference with visiting U.S. President Barack Obama on Thursday, saying that he sought...

3Vote!

S Korea eyes naked bond short-selling

South Korea's financial watchdog said Friday it plans to allow naked bond short-selling in a bid to attract foreign bond buying. "The watchdog plans to prepare guidelines for banks' bond short-selling after discussing the matter with related authorities," Kim Jong-chang, governor at the Financial Supervisory Service (FSS), said in a revised statement carrying his speech at a forum. South...

3Vote!

China Enterprises Index falls 1.05%

The Hang Seng China Enterprises Index on the Hong Kong Stock Exchange fell 141.32 points, or 1.05 percent, to close Friday's trading at 13,329.66. The H-shares index, initiated in August 1994 and readjusted on Sept. 7, 2009, tracks the overall performance of 44 major Chinese mainland state-owned enterprises listed on the Hong Kong Stock Exchange. The Hang Seng China H-Financials Index dropped 199.68...

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4Vote!

Far East Energy Corporation - Financial Analysis Review---Aarkstore Enterprise

Far East Energy Corporation - Financial Analysis Review---Aarkstore Enterprise        - aarkstore

Summary Far East Energy Corporation (FEEC) is an independent energy company. The company is engaged in the acquisition, exploration, development, and productions of oil and natural gas resources. Further, the company principally concentrates its operations on coalbed methane. The company principally operates in the U.S., China. It is headquartered in Texas, U.S. and employs 31 people. In addition,...

4Vote!

Global Anesthesia and Respiratory Devices Investment Opportunities, Analysis and Forecasts to 2015---Aarkstore Enterprise

Global Anesthesia and Respiratory Devices Investment Opportunities, Analysis and Forecasts to 2015---Aarkstore Enterprise - aarkstore

Summary This report is an essential source for key information and data relating to the Global anesthesia & respiratory devices market. The report provides overview of key trends, drivers and restraints, future outlook, pipeline products, news, financial deals and competitive landscape and key developments in the Global anesthesia & respiratory devices market. It also offers global and country level,...

3Vote!

Global Cardiovascular Devices Market Analysis & Forecasts to 2015--Aarkstore Enterprise

Global Cardiovascular Devices Market Analysis & Forecasts to 2015--Aarkstore Enterprise    - aarkstore

Summary This Medical Device report is an essential source for key information and data relating to the global Cardiovascular Devices market. The report provides overview of key trends, regulatory information in key countries, pricing & reimbursement, drivers and restraints, future outlook, pipeline products, news, financial deals and competitive landscape and key developments in the global Cardiovascular...