CHINA

IBTimes Logo

Geely taps China banks to back Volvo deal -sources

Geely, the Chinese carmaker tagged as the preferred bidder for Ford Motor's Volvo unit, is seeking at least $1 billion in loans from Chinese banks to finance its $1.8 billion bid, sources said on Tuesday.

Coal demand rebounding from downturn - U.S. mining execs

IBTimes Logo
The coal industry is slowly rebounding from last year's recession with demand and prices inching upward, although inventories at U.S. power stations are still way higher than normal, U.S. coal mining executives said on Monday.
IBTimes Logo

China rebuffs calls for free floating RMB

The Chinese premiere characterized international pressure to allow its currency to appreciate as unfair, saying countries calling for a change were themselves embarking on “brazen trade protectionism.”
More news
IBTimes Logo

Casino party loses fizz, Sands China falls on debut

Sands China's weak debut in Hong Kong on Monday signals fading investor appetite for a casino company with a high valuation and an uncertain outlook, and cooling interest in what has been a red-hot sector.
IBTimes Logo

Taiwanese tear-jerker wins 'Chinese Oscar'

Taiwan director Leon Dai's harsh real-life drama No Puedo Vivir Sin Ti won best feature over the weekend at the Golden Horse Film Awards, regarded as the Oscars for Chinese-language movies.
IBTimes Logo

GM sees China market sales growth slowing

General Motors expects sales growth for China's auto market to drop dramatically in 2010, as the carmaker nears the end of a year of government stimulus-fueled growth in the world's biggest car market, the head of the company's China operations said on Monday.
IBTimes Logo

Honiton Energy hires M.Stanley for sale -sources

Honiton Energy Group has hired Morgan Stanley to advise the China-focused wind power developer on luring a new investor, in a deal that could value the entire company at up to $250 million, sources said on Monday.
IBTimes Logo

Toto shrugs off yen rise, eyes acquisition

Toto, Japan's No.1 toilet maker, expects to meet its earnings forecasts despite the yen's recent surge by capitalizing on an earlier-than-expected demand recovery in China and cost cuts, its president said on Monday.
IBTimes Logo

Sands China falls, casino party looks to be over

Sands China's weak debut in Hong Kong on Monday signals fading investor appetite for a casino company with a high valuation and an uncertain outlook, and cooling interest in what was a red-hot sector.
IBTimes Logo

Iran MPs urge government to reduce IAEA cooperation

Lawmakers urged Iran's government on Sunday to prepare a plan on reducing cooperation with the International Atomic Energy Agency (IAEA), after the U.N. body rebuked Tehran for secretly building a uranium enrichment plant.
IBTimes Logo

Yuan's dollar link hurts Europe -Barroso

The yuan's link to the dollar is problematic for some sectors in the European economy, European Commission President Jose Manuel Barroso said on Sunday, ahead of a summit with Chinese leaders.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.