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News

• China''s Baosteel to cut output in December on.

  11/16/2008 10:12:13 PM

  Baosteel Group, China''s largest steel producer, will follow other steel giants in cutting its output in December due to sagging demand and falling steel prices, the China Securities Journal reported

• Around 130 Chinese milk producers remain close.

  11/16/2008 10:10:33 PM

  As of Sunday, around 130 Chinese milk producers remained closed as a result of the melamine-tainted dairy scandal, said the Ministry of Industry and Information Technology (MIIT) here on Wednesday.

• China''s State Grid adds $400 mln to budget th.

  11/16/2008 10:08:48 PM

  The State Grid Corp. of China (SGCC) on Wednesday announced that is to allocate an extra 2.73 billion yuan (399.7 million U.S. dollars) to its scheduled budget this year on electricity grid equipment

• China''s oil refiners report huge losses in fi.

  11/16/2008 10:05:02 PM

  China''s oil refiners suffered losses of more than 120 billion yuan (17.58 billion U.S. dollars) in the first nine months, says the China Petroleum and Chemical Industry Association (CPCIA).

• Half harvest remains unsold in China major cot.

  11/16/2008 10:02:54 PM

  Half of the autumn harvest from China''s largest cotton plantation area of Xinjiang Uygur Autonomous Region remains unsold.

• Financial turmoil did not affect energy-saving.

  11/13/2008 6:43:59 PM

  Rui Dongyang, general manager of China''s Guangzhou Zhiguang Electric Co., Ltd, told Xinhua on Thursday that the current financial turmoil did not cast serious impacts on the domestic energy-saving

• China''s value-added industrial output up 14.4.

  11/13/2008 6:39:46 PM

  Industrial enterprises each with an annual sales income of at least 5 million yuan (733,138 U.S. dollars) in the Chinese mainland posted a year-on-year growth rate of 14.4 percent in value-added

• Hong Kong to boost MICE business amid global e.

  11/13/2008 6:36:12 PM

  The Hong Kong Tourism Board (HKTB) on Thursday launches its "Meetings and Exhibitions Hong Kong" (MEHK) office, as the first step in a series of measures to ensure that Hong Kong stays ahead of the

• Stimulus package

  11/13/2008 6:32:48 PM

  China''s leaders had initially said the crisis would not cause too much harm to the Chinese economy.

• China factory output slows

  11/13/2008 6:30:49 PM

  China''s industrial output has slipped to a seven year low as the global economic slowdown continues to batter the world''s fourth largest economy, eroding demand for Chinese exports and causing