CHINA

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China Mobile Shanghai listing seen in 2010

China Mobile is reviving efforts to seek a listing in Shanghai after years of unsuccessful attempts, analysts and bankers said, sending the index heavyweight up as much as 4.3 percent intraday Friday.

BHP cancels president in China

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BHP Billiton, the world's largest mining company, canceled plans to install a new president for the company's operations in China, the Beijing-based Beijing Times reported on Friday, the same day that the State Administration for Industry and Commerce (SAIC) announced heavy regulation over resident representative offices of foreign firms.

China's auto sales keep world No.1 in July

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China's auto sales surpassed the United States' again in July, jumping 63.57% over a year earlier to 1.09 million units, the China Association of Automobile Manufacturers (CAAM) said on Friday.
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China probes Internet bootcamp after teen dies

Chinese police are investigating a bootcamp for Internet addicts after a teenage boy died, apparently following a severe beating, just hours after checking in, the official Xinhua news agency said late on Wednesday.
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Mid-day Minute - August 6 Tech

Twitter Inc., the fast-growing microblogging service, was inaccessible Thursday morning, struck by a denial-of-service attack, the company said on its status blog. Meanwhile, Facebook's site has been sluggish and unresponsive on Thursday.
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Apple's iPhone 3G & 3GS land in China (Photos)

Senior officials from Apple Inc had begun negotiations with China Unicom in Beijing, a source close to both sides told Netease on Monday night, noting that the iPhone 3G and iPhone 3GS will be introduced to China at the same time.
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China leads in global green jobs race

China is winning a global race to create green collar jobs, six months after countries worldwide launched $500 billion spending plans to drive a low-carbon economy.
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Clinton visit unlikely to change North Korea

The United States is playing down talk of a breakthrough with Pyongyang after former U.S. President Bill Clinton flew to North Korea this week to win the release of two jailed American journalists.
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China Metallurgical eyes $4 billion dual IPO: source

China Metallurgical Group plans to seek dual listings in Hong Kong and Shanghai as early as September to raise up to $4 billion, said sources with direct knowledge of the deal, which could be the world's second-largest fundraising this year.
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GCL-Poly Energy to invest $200 mln in solar wafer plant

Hong Kong's power plant operator GCL-Poly Energy Holdings will invest about $200 million to build a solar wafer plant in the Chinese city of Xuzhou, banking on a recovery in polysilicon prices and robust demand from China.
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BHP, Rio Tinto June half profits to plunge

BHP Billiton Ltd/Plc and Rio Tinto Ltd/Plc , the world's two biggest miners, are set to report sharp falls in profit for the June half, battered by a slump in metals prices and volumes.
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Shanghai stocks dip, Australia dollar cuts gains

Stocks in Shanghai dropped 3 percent on Thursday, weighed by speculation China may take more steps to rein in liquidity, slashing the Australian dollar's gains, while copper slid from 10-month highs after disappointing U.S. services data.
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Lenovo Q1 beats expectations on China strength

The world's No. 4 PC brand, Lenovo , reported a smaller-than-expected first-quarter loss on Thursday, thanks to China's massive stimulus package and further boosting hopes of a rebound.
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Billiton says China iron ore restocking over

Chinese iron ore stockpiles are receding to more normal levels, global miner BHP Billiton Ltd said on Wednesday, adding a cautious note to its outlook for one of the world's hottest commodities.
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Obama brings green jobs message to Midwest

President Barack Obama urged the economically battered U.S. heartland on Wednesday to resist hard times and pledged $2.4 billion to help create green jobs and ease the pain of rising unemployment.
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China on the prowl for smaller Oz miners

Who ever said China's loss of face over Chinalco's collapsed $19.5 billion Rio Tinto tie-up bid would curb the country's hunger for Australian natural resources?
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Malaysia's Maxis set for $2 billion listing

Maxis Communications, Malaysia's top mobile operator, has chosen Goldman Sachs, Credit Suisse and CIMB advise it on a planned $2 billion listing in Kuala Lumpur, two sources told Reuters on Wednesday.
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Kazakhstan-China $3.3 billion oil deal delayed

Kazakh and Chinese state oil firms' joint $3.3 billion acquisition of a Kazakh private upstream company has been delayed, Kazakhstan said on Wednesday without providing the timeframe or the reason for the delay.
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China's Brilliance set to ship wagon to EU - execs

Brilliance Auto, BMW's (BMWG.DE) partner in China, is preparing to ship its BS4 Wagon, designed in-house, to Europe after testing the waters there with two mid-sized sedans, company executives said on Wednesday.
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China, U.S. offer no quick boost to solar slump

Investors are banking on fresh government incentives in the United States and China to help pull the solar sector out of its slump, but it will be next year before demand from those markets even begins to make a dent in the global glut of solar panels.
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Toshiba unit to invest in China LCD JV for phones

Toshiba Corp's loss-making LCD unit will invest in a joint venture in China to tap growing demand for mobile phone displays and offload equipment as it shifts its focus in Japan to high-resolution products.
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Clinton success in Pyongyang has diplomatic risks

Former U.S. President Bill Clinton's successful mission to Pyongyang to win freedom for two jailed American journalists carries with it new risks to the Obama administration's efforts to rid North Korea of nuclear weapons.

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