Business

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China opened its annual parliamentary season yesterday with a call from the Communist leadership to keep up economic growth, maintain social stability and tackle a yawning urban- rural income gap.

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According to Marc Faber, publisher of the Gloom, Boom & Doom Report, the Chinese economy might crash in 2010.


China target for Thai fruit

Fruitnet 15.02.2010
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As part of a scheme to increase fruit exports to China, Thailand is planning a promotional roadshow ahead of the 16th Asian Games in Guangzhou later this year.

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China's foreign reserves, already the world's biggest, surged 24 percent last year to $2.4 trillion despite the global financial crisis, the central bank reported Friday. China's reserves are closely watched in the United States, which is looking ...


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Nigerian judges have adjourned three cases aimed at clarifying who rules while ailing President Umaru Yar'Adua is in hospital in Saudi Arabia.

Google may quit China over censorship

Melanie Lee and Alexei Oreskovic Reuters 13.01.2010
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Internet giant Google Inc has made a shock threat to quit China, the world's biggest Internet market by users, after hackers accessed human rights activists' e-mail accounts.


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Chia Tai Enterprises International (0121.HK) has secured a syndicated loan of $250 million from three Thai banks to expand its Lotus Supercenter supermarket network in China, one of the banks said on Tuesday.

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China and its population of 1.3 billion has overtaken Germany, population 82 million, as the world's top exporter, trade figures from the German national statistics office showed on Friday.


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China will impose a deposit on exports to China from some Thai and Indonesian companies, including PT. Cheil Jedang Indonesia and Ajinomoto Co. (Thailand) Ltd, over suspected dumping of food additives in the Chinese market, the Commerce Ministry s...

US Telecom Company to Pay $3 Million in China Bribe Case

DAVID BARBOZA The New York Times 02.01.2010
US Telecom Company to Pay $3 Million in China Bribe Case

SHANGHAI — UTStarcom, an American telecommunications company, has agreed to pay $3 million in fines after United States law enforcement officials accused it of a long-running scheme to bribe officials of China and other countries with cash, travel...


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A Chinese dairy shut down during the 2008 tainted milk scandal has been closed again after tests found some of its products contained the same toxic chemical, state media reported Friday.

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BEIJING — China's central bank governor said Thursday that 2010 would be a key year in the nation's battle to overcome the financial crisis and pledged a relaxed credit policy to boost economic recovery.


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China’s Communist Party Secretary-General in Guangdong, leading a team of some 140 representatives of state enterprises to explore business opportunities in Thailand, said Monday that the group will join a seminar on the economy, trade, and touris...

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China has told the United States it is launching a trade investigation that could lead to new import duties on autos and sports utility vehicles made by Chrysler, Ford and General Motors, a U.S. industry official said on Wednesday.


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SHANGHAI — The Industrial and Commercial Bank of China (ICBC), the world's biggest bank by market capitalisation, said Wednesday that it would acquire part of Thailand's ACL Bank for 105 million dollars.

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Thailand has opened a third investment office in China, based in the southern city of Guangzhou, to try to lure more Chinese investment, the Board of Investment said Thursday.


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Chinese investors from Henan province of China and Thai businessmen made agreements on nine trade and investment projects worth 827 million U.S. dollars, Thanakorn Seriburi, the chairman of the Thailand-China Business Council, said here Wednesday.

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Mainland energy giant PetroChina has signed a deal to buy 41 billion American dollars worth of Australian liquefied natural gas over the next 20 years.


American Graduates Finding Jobs in China

HANNAH SELIGSON The New York Times 13.08.2009
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BEIJING — Shanghai and Beijing are becoming new lands of opportunity for recent American college graduates who face unemployment nearing double digits at home.

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Industrial and Commercial Bank of China (ICBC), the world's biggest lender by market value, is poised to buy a stake in Thailand's ACL bank from the country's Ministry of Finance, according to news sources.



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