Friday 3rd September, 2010
Mass murderer Mao killed 45 million Chinese during 'Great Leap Forward'
China's communist ruler Mao Tse Tung killed 45 million of his people between 1958 and 1961 during what was dubbed as the world's biggest man-made famine.
Four killed in fight over 1 yuan
Four people were killed after a bloody altercation took place over a 1 yuan (US 15 cents) parking charge in China's Yangpu district.
Panda still endangered despite baby boom
China's giant pandas remain still an endangered species despite the birth of 23 cubs in zoos across the country in the past two months, panda researchers have said.
12 killed in China landslide
Shanghai News.NetAt least 12 people have been killed and 36 are still missing after mudslides hit a village in southwest China's Yunnan province, authorities said Thursday.
Shanghai to Let Banks, Companies Use Offshore Yuan for Investment in Trial
General Sourcesstatement on the local government’s website. The city will allow yuan settlement for project financing, direct investment and other transactions under capital accounts that are “closely” rel...
New oil pricing mechanism drafted
People's DailyCrude oil prices fell nearly one month, standing under $75 per barrel Tuesday, while China still kept the retail price unchanged. Crude prices have dropped since the August 3 peak of $82.89 per barrel...
China's stocks mixed, Shanghai index down on weak banking, property developer shares
People's DailyChinese equities closed mixed on Friday with the key Shanghai stock index down, led by banking shares and property developers on speculation that the government would announce more tightening measures...
Industrial insider: six features of e-commerce development in China
People's DailyLu Jianxin, an official from the China Electronic Commerce Association (CECA) said China e-commerce has entered a comprehensive application period showing six characteristics, including:-E-commerce ha...
Peruvian president calls for economic stability to reduce poverty
People's DailyPeruvian President Alan Garcia Thursday urged to keep the country's economy stable in order to attract more investments and fight against poverty and unemployment."My request is for the journalis...
Brazil's tax burden drops for the 1st time since 2006
People's DailyBrazil's tax/GDP ratio fell from 34.41 percent in 2008 to 33.58 percent in 2009, the first fall of the nation's tax burden since 2006, the government said Thursday.The dip can be attributed to the glo...
S Korea seeks to bridge emerging, developed countries as G20 chair
People's DailySouth Korea will strive to reflect concerns and views of developing and emerging countries, including those of non-Group of 20 (G-20) member countries, for the sake of a sustainable growth, chief of G...
MOF to issue in HK
People's DailyChina's Ministry of Finance plans to issue up to 8 billion yuan ($1.18 billion) in government bonds in Hong Kong as early as this month, a local newspaper reported Thursday.The ministry was also consi...
CSC to double presence
People's DailyTechnology services provider Computer Sciences Corp aims to double or triple their China presence in two or three years, the firm's Asia Pacific president said Thursday.CSC said the fastest growing ar...
ZTE cell phone sales up
People's DailyZTE Corp, China's No.2 telecommunications equipment maker, said its cell phone sales jumped 40 percent in the first half of 2010, fueled by strong demand from international markets and for smartphones...
Apple takes aim at Web-connected TV
People's DailyApple unveiled a smaller, cheaper version of its Web-to-TV device Wednesday, stepping up a battle with Google and Microsoft for control of the digital living room. Apple co-founder Steve Jobs also rol...
Palm oil price falls
People's DailyPalm oil futures dropped for a second day as declining exports in Malaysia, the world's second-largest producer, weighed on prices. Futures for November delivery fell as much as 0.2 percent to 2,529 r...
Shanghai SynTheAll Pharmaceuticals Co., Ltd. Receives ISO 14001 Certification
General Sourcesthe United States announced today that its manufacturing subsidiary, Shanghai SynTheAll Pharmaceuticals Co. Ltd. (STA) passed the ISO 14001: 2004 inspection conducted by SGS Group on
Shanghai slips as IPOs weigh, HK up before US data
General SourcesHONG KONG/SHANGHAI: China's key stock index slipped in lacklustre trade on Friday morning as upcoming share offerings raised liquidity concerns and as investors pocketed quick gains after the previ...
China Gold buys Skyland for $742.3 million
People's DailyChina Gold International, subsidiary of China National Gold Group Corporation, the country's largest gold producer, announced Wednesday that it will purchase 100 percent stakes in Skyland Mining Limit...
HK Coolpoint Energy to share or to be swallowed by Li Ning
People's DailyChineseleading sports brand Li Ning Co. (LNC) signed a contract to sell 30.9 percent stake to Hong Kong (HK) Coolpoint Energy Ltd, announced the HK environmental technology provider Wednesday. Coolpoi...
DHL's global CEO to join Board of DHL's DHL-Sinotrans
People's DailyGlobal CEO of the world's largest delivery company DHL Express, Ken Allen, will join the Board of its DHL-Sinotrans Joint Venture to further intensify its development and positioning in the Greater Ch...
Rural credit cooperatives on sale
People's DailyChina is inviting domestic banks and private and foreign investors to take over the country's most problematic rural credit cooperatives. The China Banking Regulatory Commission (CBRC) said it particu...
Foreign firms feel squeeze
People's DailyThe European Chamber of Commerce in China (EUCCC) lodged complaints about market access and China's indigenous innovation policy Thursday at a press conference. These improvements will help China meet...
Ping An, SDB shares surge in Shanghai
People's DailyPing An Insurance (Group) Co and Shenzhen Development Bank shares surged in Shanghai on Thursday in anticipation of better profits after the former decided to acquire a controlling stake in the latter...
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