Business News

Hong Kong stocks close 1.41% higher Monday (Xinhua) Updated: 2009-11-23 17:16 Hong Kong stocks jumped 315.55 points, or 1.41 percent, to close at 22,771.39 on Monday.

China's premium income tops $137b in first 10 months (Xinhua) Updated: 2009-11-23 11:54 China's premium income hit 936.09 billion yuan ($137.1 billion) in the first 10 months, according to China Insurance Regulatory Commission.

All Chinese eligible for Beijing H1N1 vaccine By Yang Wanli (China Daily) Updated: 2009-11-23 07:54 Beijing's free A/H1N1 flu vaccine program has widened to include residents from other provinces, the city's municipal health bureau said.

Futuroscope theme park to be built in central China (Xinhua) Updated: 2009-11-23 13:18 A French Futuroscope theme park is expected to be built in central China's Hubei province, said local authorities on Sunday.

China's food industry expected to expand 16.7% this year (Xinhua) Updated: 2009-11-23 13:12 Output value of China's food industry is expected to grow 16.7 percent year-on-year, according to China National Food Industry Association (CNFIA).

Pork 'safe to eat' despite infection found in pigs By Wang Zhuoqiong (China Daily) Updated: 2009-11-23 07:48 Health experts have assured consumers that Chinese pork is still safe despite reports of pigs being infected with the deadly A/H1N1 flu.

Bombardier builds its aviation sector By Lu Haoting (China Daily) Updated: 2009-11-23 08:02 Ancient Chinese philosophers emphasized the importance of balance. So does Zhang Jianwei, president and chief country representative of Bombardier China.

Volkswagen Group will 'Strive to Win' in South China By Yang Cheng (China Daily) Updated: 2009-11-23 08:03 German Auto giant Volkswagen Group unveiled an ambitious strategy called "Strive to Win" to more than triple its sales in south China from 150,000 units to half a million annually.

Student entrepreneurs get support amid bleak job market By Qiu Yijiao (China Daily) Updated: 2009-11-23 07:52 Hu Xiaofeng of Shanghai Jiaotong University can often be seen racing around campus on his bicycle. And it's not always to reach his classes. Most of the time, he is delivering supplies to his customers.

Moog anticipates continued growth in wind industry (China Daily) Updated: 2009-11-23 08:02 Moog Inc, a leading designer, manufacturer and integrator of high performance motion control components and systems, unveiled its latest solutions for the wind energy market at the recent Asian Wind Energy Exhibition. Moog is currently the world's only supplier of electric and electro-hydraulic blad ...

Sino-US clean energy partnerships win praise By Neng Yuan (China Daily) Updated: 2009-11-23 08:02 US President Barack Obama took his first official visit to China last week, where topics of climate change and clean energy were among his top priorities, with a series of related agreements achieved between China and the United States enterprises.

Value miners' lives (China Daily) Updated: 2009-11-23 07:49 It snowed earlier this year in northern China and heating systems were switched on ahead of schedule to keep residents warm. Yet not many people are aware that this means more coal is being burnt, and even fewer would spare a thought for those who bring the fossil fuel from hundreds of meters under ...

The cost of trade protectionism (China Daily) Updated: 2009-11-23 08:01 Editor's Note: Rising protectionism against free international trade and foreign investment could prolong the current economic crisis, and China's role in global economic recovery is not fully understood, economic expert Frank J. Richter said in a recent interview with China Business Weekly reporter ...

Business ethics and gray areas (China Daily) Updated: 2009-11-23 08:01 The issue of business ethics at multinational companies has been raised after a recent series of bribery cases. Multinational companies pursuing projects in many countries are torn between different regulations and business practices.

Aviation industry can be a model for Copenhagen climate talks (China Daily) Updated: 2009-11-23 08:01 The global political agenda is now focused firmly on COP-15, the United Nations Climate Change Conference in December in Copenhagen, Denmark.

China Unicom, the nation's second largest cell phone carrier, said it expects nearly 10 percent of the third generation (3G) users in the country to switch to Apple Inc's iPhone in the next couple of By Wang Xing (China Daily) Updated: 2009-11-21 08:53 China Unicom, the nation's second largest cell phone carrier, said on Friday it expects nearly 10 percent of the third generation (3G) users in the country to switch to Apple Inc's iPhone in the next couple of years.

Listed banks may need 300b yuan in capital (China Daily/Agencies) Updated: 2009-11-21 08:53 China's 11 largest publicly-traded banks may need to raise about 300 billion yuan by selling shares and bonds to ensure they have adequate capital for credit growth, according to BNP Paribas.

China welcomes EU committee's rejection of shoe duties (Xinhua) Updated: 2009-11-21 10:07 China's Ministry of Commerce (MOC) said Friday it welcomed a decision by the European Union's anti-dumping committee to reject an extension of dumping duties on leather shoes from China.

Banker seems to rule out rate cut By Si Tingting (China Daily) Updated: 2009-11-21 08:48 China's central bank governor, Zhou Xiaochuan, has cautioned that low interest rates, especially deposit rates, would remove pressures that force financial institutions to finance the real economy.

Pigs get ID chips in central China (Xinhua) Updated: 2009-11-21 16:07 Pigs in southwest China from Friday began having two identity chips fixed on their back legs detailing where they were butchered, examined and sold.

China to float 15b yuan T-bonds next week (Xinhua) Updated: 2009-11-21 14:45 China will issue 15 billion yuan ($2.2 billion) of short-term treasury bonds next week, the Ministry of Finance said in Beijing Friday.

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