Information portal for business professionals who are investing, managing investments, or marketing products on the Chinese market. http://www.china-business-market.com/ Tue, 07 Feb 2012 19:07:17 +0100 http://www.polishmarket.com/_i/images/PMR.gif http://www.china-business-market.com/ 100 51 Information portal for business professionals who are investing, managing investments, or marketing products on the Chinese market. http://www.china-business-market.com/68003/Best_Buy_gears_down_expansion_in_China.shtml American consumer electronics retailer Best Buy released a statement recently announcing that it would cut back spending by about 50 percent in 2009, including a &quot;substantial</I> ... Wed, 24 Dec 2008 00:00:00 +0100 http://www.china-business-market.com/68002/China_s_Sany_Heavy_Industry_to_build_plant_in_Bedburg.shtml China’s National Development and Reform Commission has recently given green light to Sany Heavy Industry Co., Ltd. to increase stake in Sany International Development Co.,</I> ... Wed, 24 Dec 2008 00:00:00 +0100 http://www.china-business-market.com/68001/Goldman_Sachs_increases_share_proportion_in_ICBC.shtml On 17th of December, Goldman Sachs Group increased its share proportion in the Industrial and Commercial Bank of China (ICBC) by buying 20.529 million of the ICBC's shares on the Hong</I> ... Wed, 24 Dec 2008 00:00:00 +0100 http://www.china-business-market.com/68000/China_rsquo_s_steel_sector_speeds_up_restructuring_amid_global_turmoil.shtml Despite a shrinking demand and falling prices of iron and steel, mergers and acquisitions (M&A) within the industry happened one after another. Due to an oversupply of iron and</I> ... Wed, 24 Dec 2008 00:00:00 +0100 http://www.china-business-market.com/67999/Global_financial_crisis_had_a_greater_impact_on_China_rsquo_s_economy.shtml According to the Director of China’s National Development and Reform Commission, Zhang Ping, China would take positive measures to cope with the international financial crisis</I> ... Wed, 24 Dec 2008 00:00:00 +0100 http://www.china-business-market.com/67958/China__8217_s_biggest_mobile_phone_producer_partners_US_leading_chip_maker.shtml Beijing Tianyu Communications Equipment, China's biggest domestic mobile phone producer will be partnering Qualcomm, a leading US manufacturer of wireless technologies and data solutions, to</I> ... Tue, 23 Dec 2008 00:00:00 +0100 http://www.china-business-market.com/67957/16__of_Chinese_population_rely_Internet_for_news.shtml According the Chinese Academy of Social Sciences (CASS), there are about 206 million of Chinese, or close to two-third of China’s Internet users are utilizing World Wide Web</I> ... Tue, 23 Dec 2008 00:00:00 +0100 http://www.china-business-market.com/67956/China_s_total_value_of_imports_and_exports_may_exceed_2_5_trillion_USD_in_2008.shtml According to China’s Minister of Commerce Mr Chen Deming, it is estimated that China’s total value of imports and exports in 2008 may exceed 2.5 trillion USD, an approximate</I> ... Tue, 23 Dec 2008 00:00:00 +0100 http://www.china-business-market.com/67955/China_lowers_interest_rates_by_0_27_ppt_to_strengthen_economy.shtml People's Bank of China decided to cut the benchmark deposit and one-year lending rates by 0.27 percentage point to 5.31 percent and 2.25 percent, respectively, effective from 23rd</I> ... Tue, 23 Dec 2008 00:00:00 +0100 http://www.china-business-market.com/66141/PepsiCo_plans_to_invest_USD_1_billion_in_China_in_4_years.shtml One of the world’s largest food and beverage companies, PepsiCo announced that the company plans to invest USD 1 billion (approximately EUR 783 million) in Chinese market</I> ... Mon, 03 Nov 2008 00:00:00 +0100 http://www.china-business-market.com/66140/China_rsquo_s_GDP_to_slack_to_9_4__in_2008.shtml According to a Chinese credit rating agency, China Chengxin International Credit Rating Co. (CCXI)’s report, China's gross domestic product (GDP) growth is estimated to slowdown</I> ... Mon, 03 Nov 2008 00:00:00 +0100 http://www.china-business-market.com/66137/China_reduces_benchmark_interest_rate_by_0_27_percentage_points.shtml Effective from 30th of October, China’s central bank, People’s bank of China, would cut its benchmark lending and deposit rates by 0.27 percentage point to stimulate</I> ... Mon, 03 Nov 2008 00:00:00 +0100 http://www.china-business-market.com/66092/China_becomes_world_rsquo_s_second_largest_exporter_with_8_8_.shtml China’s statistical authority announced that China accounts for 8.8% of world’s export by 2007, making it the world’s second largest exporter, after Germany. China’s scale</I> ... Wed, 29 Oct 2008 00:00:00 +0100 http://www.china-business-market.com/65991/China_rsquo_s_per_capita_disposable_income_kept_rising_in_the_first_three_quarters.shtml The result of a national survey by National Bureau of Statistics (NBS) of China showed that per capita disposable income of Chinese households rose in the first three quarters. In</I> ... Tue, 28 Oct 2008 00:00:00 +0100 http://www.china-business-market.com/65987/China_rsquo_s_drug_watchdog_implements_catalogue_management.shtml China State Food and Drug Administration (SFDA) decided to implement catalogue management to the production of some export drugs and medical equipments. This practice is aimed</I> ... Tue, 28 Oct 2008 00:00:00 +0100