Economic  Industry 

Routed in Negotiations, China Pays Double to Secure Iron Ore

BaoSteel was strongarmed in negotiations with Australian iron ore firms due to the latters' skilled use of international media, which they used to influence the environment of the talks and put the Chinese on the defensive.

7月4日 12:23

Hopes and Strains in China's Oversea Farming Plan

China has been drafting an oversea farming blueprint to encourage state-owned agriculture businesses to rent or buy land abroad for planting, especially soy bean.

7月3日 17:01

Guidelines Call for Chinese Pay to Rise with Inflation

Pay raise guidelines under draft by the Chinese government intends to grant workers unions more voice in negotiating collective agreements.

7月2日 17:28

Oil Giants Behind Ten-day About-face in Fuel Prices

Two state-owned oil giants played a pivotal role in pushing for the recent domestic fuel price hike in China.

6月25日 16:34

China Ups Domestic Energy Prices

With fuel shortages looming on the horizon, China has upped its domestic fuel prices at a time when the prolonged global oil price spike appears to be temporarily abating.

6月20日 17:14

Sudden Deaths at Jiangxi Hospital Still a Mystery

Six deaths in a week at the same hospital in east China's Jiangxi province following treatment of human immunoglobulin (PH4) Infusion had alarmed the health authorities, leading to investigation and suspension of certain medical product.

6月20日 15:38

Ups and Downs in Olympic Room Rates

As the Olympic Games draw closer, hotel room rates remain fluid. High-end hotels are waiting for cues from competitors while medium-and-lower-end ones have reduced their expectations.

6月19日 16:26

Post-Quake Financial Support for Chinese SOEs

China's Finance Ministry is looking into ways to cut expenditures and channel aid to quake-hit state-owned enterprises.

6月18日 13:20

Regulators Hack-proof Chinese Funds

In response to recent security breaches in the Chinese fund industry, regulators launched a series of exercises to probe firms' network defenses. Not many passed the bar.

6月17日 14:04

China's Telecom Firms in the Post-Restructuring Era

The recent massive consolidation in China's telecommuncations industry has met with both praise and criticism. The EO explores both sides of the debate surrounding the industry's post-restructuring landscape.

6月12日 12:10

The Rule of Law in Midwest Bid

Facing a fierce competitor aside, Sinosteel's attempt to take over Australian iron ore miner Midwest is apparently in the grip of a shrewd Malaysia-born broker named Law Tien Seng.

6月5日 14:55

Huaneng President Likely to Enter Politics

Huaneng Group president Li Xiaopeng, son of former Chinese premiere Li Peng, is leaving the power industry and likely to enter politics.

6月4日 17:58

Foreign Firms Clear Air Over Earthquake Donations

Multinationals in China have been scrambling to clear the air over their post-quake donations, which they say have been misreported and misunderstood by media and indignant Chinese netizens.

6月3日 15:27

The Politics of Donations

With increasing public scrutiny over corporate donations to the Sichuan earthquake relief effort, how much and what kind of donation is becoming a difficult question to answer for Chinese businesses.

5月30日 15:15

Chinese Telecom Industry Consolidated into Three Giants

The latest round of consolidation for the Chinese telecommunication industry has finalized, streamlining five companies into three giants and appointing new chiefs.

5月28日 18:34

Banks Told to Write Off Disaster Zone Loans as Bad Debts

The Chinese government has asked commercial banks to waive loan repayment for qualified quake-victims to ease public suffering. Banks, however, wish to stick to market mechanism.

5月26日 17:47

Trading Froze for 66 Disaster-Struck Companies

A day after the earthquake, a slew of companies in the disaster area had their trading frozen by regulators. Meanwhile, with factories destroyed and resource lines downed, Sichuan businesses are struggling to recover.

5月22日 14:00

State Firms Lobby to End Bonus Payments

After an immensely profitable 2007, China's state-owned enterprises are using poor performance in early 2008 as an argument for leniency in payments required of them by regulators.

5月14日 18:15

Curtain to Close on Bank Loan Chicanery

China's banking watchdog is drafting new rules to reign in those abusing business loans for speculative investments.

4月29日 17:30

State Power: Billions Needed to Rebuild

State power companies have quoted how much it will take to rebuild after the rare and severe snowstorms pummeled southern China's infrastructure earlier this year.

4月25日 16:24