Business

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It is quite a phenomenon that a colossal army of 775,000 people, mostly college educated, sat at a nationwide exam in 38 cities of China on Sunday, to contest for mere 13,500 government jobs.

China's first homegrown jet makes trial flight

ELAINE KURTENBACH AP 28.11.2008
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China's first fully homegrown commercial aircraft, the ARJ-21, successfully made its maiden flight on Friday, a key step in the country's ambitious aviation program.


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The downside risk to China's economy is increasing, and some economic indicators deteriorated in November, said China's top economic planner on Thursday.

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China's economic planning agency said on Wednesday the country may raise the income of residents to create more favorable conditions for people to spend more.


Dairy giants not cowed by milk scandal

Nickkita Lau in Huhhot, Inner Mongolia The Standard 27.11.2008
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Mainland dairy giants Mengniu and Yili say they have recovered to 70 percent of the sales volumes they enjoyed before the country's tainted-milk scandal broke earlier this year.

China faces new problem: Disposing of tainted milk

BEIJING China faces a new problem with the tainted milk that has sickened babies and battered public confidence: How to get rid of the toxic stuff.


Gold rush

Benjamin Scent The Standard 14.11.2008
Gold rush

The mainland is seriously considering a plan to diversify more of its massive foreign-exchange reserves into gold, a person familiar with the situation told The Standard.

Move boosts home sales

Alfred Liu The Standard 14.11.2008
Move boosts home sales

Beijing is hoping to stabilize the weak mainland property market further after banks relaxed mortgage lending approvals.


Beijing splashes cash

Kathy Wang The Standard 10.11.2008
Beijing splashes cash

Beijing has unveiled a 4 trillion yuan (HK$4.54 trillion) economic stimulus package to help boost domestic demand - in what is seen as a shift to "proactive" fiscal and "moderately easing" monetary policies.

Another toy factory goes bankrupt in southern China: report

HONG KONG (AFP) - A toy factory in southern China has gone bankrupt leaving 900 workers jobless, a report said Wednesday, just days after a major toy maker went under as a result of the financial crisis.


Standing members of the CPC Central Committee raise their hands to adopt a decision on major issues concerning rural reform and development at the four-day plenum which ended in Beijing on October 12, 2008. [Xinhua]

The nation has set a goal of doubling per capita disposable income of rural residents by 2020 from the 2008 level, top decision-makers announced in Beijing Sunday.

China stocks drop for third day

china.org.cn 18.09.2008
China stocks drop for third day

Chinese stocks tumbled 1.72 percent on Thursday, the third fall in three days, though most shares of the heavy-weight banking sector rebounded from heavy losses in the previous two days.


US charges China over subsidies

Diao Ying China Daily 04.09.2008
A Beijing butcher serves a customer on Tuesday at his pork stall.  [Agencies]

The United States has questioned China's pork subsidies in a letter posted on the website of the World Trade Organization (WTO), reflecting new tension between the two trading giants.

Cool $7.55b for juice king

Benjamin Scent The Standard 04.09.2008
Cool $7.55b for juice king

Coca-Cola's bid to take over China's biggest juice producer will leave company founder Zhu Xinli pocketing a massive HK$7.55 billion slice.


China holds first int'l drill to curb marine pollution

China has called for closer co-operation with its neighbors to protect the marine environment from the growing risk of oil spills due to booming transportation of the resource.

The first intercity train between Beijng and Tianjin departs from Beijing South Railway Station for Tianjin, Beijing, capital of China, Aug. 1, 2008.  (Xinhua/Gong Lei)

China will produce the world's fastest bullet train for the Beijing-Shanghai high-speed railway, a senior railway official has said.


China´s phone users top 960 million

Xinhua CCTV.com 28.08.2008
China´s phone users top 960 million

The number of phone users in China had exceeded 960 million as of July, including over 600 million mobile phone users, the Ministry of Industry and Information Technology (MIIT) said on Wednesday.

Tallest tower to open on Saturday

china.org.cn 27.08.2008
Tallest tower to open on Saturday

Shanghai World Financial Center, the world's third-tallest skyscraper due to open on Saturday, will have the world's fastest elevators, said its builder.


City buses to drive the 'green' line

Shanghai Daily 19.08.2008
City buses to drive the 'green' line

SHANGHAI'S first group of hybrid electric buses will hit the streets this year as part of the city's commitment to the development of "green" vehicles.

Tax on big cars raised to save fuel

Xin Zhiming China Daily 14.08.2008
Tax on big cars raised to save fuel

Taxes will be raised on big cars and reduced on smaller ones from Sept 1 to save energy and reduce pollution.



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