3/26/2009 10:15:00 AM
FOR the past 15 years, American marketer Mark Greiz has been advising foreign companies on branding in China. Local companies too seek the laowai brander´s advice about getting Chinese to spend, reports Zhang Qian. Bags, watches, shoes, Gucci, Prada" ring in Mark Greiz´s ears…
3/25/2009 10:11:00 AM
Germany-based Polyamide High Performance GmbH (PHP) has acquired the business activities of Germany-based high-tenacity polyester yarn manufacturer Diolen Industrial Fibers GmbH, which went into bankruptcy in fall 2008. Terms of the transaction were not disclosed. Diolen now operates as Polyester Hig…
3/25/2009 9:59:00 AM
China said it would raise benchmark retail prices of gasoline and diesel by 290 yuan (42.46 U.S. dollars) per tonne and 180 yuan per tonne, respectively, as of midnight Tuesday. It is the second oil price adjustment this year. The National Development and Reform Commission (NDRC), China´s t…
3/24/2009 10:20:00 AM
Asian countries should strengthen their coordination and cooperation to cope with the financial crisis and achieve growth, said Chinese Vice Premier Li Keqiang here Monday. Li made the remarks during a meeting with Asian Development Bank (ADB) president Haruhiko Kuroda, saying China was ready to expa…
3/23/2009 5:22:00 PM
Chinese Vice Premier Li Keqiang said here Sunday China is confident and capable of achieving its 2009 economic targets and will strengthen cooperation with the international community to fight the global financial crisis. Despite the financial crisis impact that increased difficulties for economic op…
3/23/2009 11:02:00 AM
China´s 950 billion yuan (about 139 billion U.S. dollars) fiscal budget in the country´s budget for 2009 is under control, Wang Jun, Vice Finance Minister said here on Sunday at the China Development Forum 2009. Faced with economic downturn under the impact of the global financial…
3/20/2009 1:13:00 PM
China hopes the United States will guarantee the security of the Chinese assets and investments in the U.S., China´s Foreign Ministry reiterated on Thursday. Foreign Ministry spokesman Qin Gang made the remarks in response to a question on the decision of the U.S. Federal Reserve Wednesday …
3/19/2009 10:17:00 AM
GENEVA -- China complained at the World Trade Organisation (WTO) on Wednesday at India´s ban on toy imports from China.While stopping short of launching a formal trade dispute, China used a meeting of the WTO´s technical barriers to trade committee to raise the issue, which has so…
3/19/2009 10:13:00 AM
Vice Premier Li Keqiang said Wednesday that China welcomed expanded cooperation with multinationals to develop new energy sources. Li made the remarks when meeting with Charles Holliday, chairman of the board of U.S.-based chemical company DuPont. "China has taken measures to cope with the impac…
3/18/2009 1:32:00 PM
UK bank Standard Chartered´s CEO said here on Tuesday that China´s economic growth will be around 7 percent or 8 percent this year due to the quick policy response by the Chinese government. Standard Chartered´s Chief Executive Peter Sands told reporters in a media brief…
