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Ping An to stick to issue plan

Ping An Insurance (Group) Co, the country's second largest insurer, won't change its refinancing plan after it triggered a sharp market fall and spurred a new round of share sales by other listed...

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UAE carrier lands in Beijing

Etihad Airways, the flag carrier of the United Arab Emirates (UAE), will start flying to Beijing on March 30, making it the third Gulf carrier fighting for a share in China's lucrative commercial...

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Chery, AOC blaze trail in brand building

Chinese brands are growing at a rapid pace, with some of them getting international recognition, concludes a report by Samsung Economic Research Institute (SERI), citing AOC and Chery as examples.

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Beijing notches up top spot in China's ads market

Beijing is China's largest advertising market with revenues of 31.3 billion yuan (US$4.4 billion) last year, up 21 percent from 2006.

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Farming losing its appeal

The number of Chinese taking up farming fell by more than 80 million between 1996 and 2006, the results of a national agriculture census released online yesterday showed.

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China investigates 'contaminated eel' exporter

China and the Republic of Korea are to jointly investigate how Chinese frozen eel exports came to contain carcinogenic malachite green, a fungicide banned in food production in China, according to a...

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Sinopec denies US$8.4b share sale plan

China Petroleum and Chemical Corp. (Sinopec) has denied market talk that it plans to raise around 60 billion yuan (US$8.4 billion) by selling an additional 5 billion shares.

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Key Three Georges power line restored

A 500 kilovolt power line, an important passage for the Three Georges electricity transmission and link to the snow-hit Hubei and Jiangxi provinces, was restored on Thursday.

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US$14.3b central bank bills to absorb liquidity

The People's Bank of China (PBC) on Thursday issued two batches of central bank bills totaling 102 billion yuan (14.3 billion U.S. dollars), the latest attempt to mop up excess liquidity.

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Hainan Airlines to fly Beijing-Seattle route

China's Hainan Airlines announced Wednesday it would launch direct flights between Beijing and Seattle from June 9 this year.

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Gome 'behind scenes' in purchase of retailer

Gome Electrical Appliance Holdings Ltd's plans to expand its network in northern China seem to have progressed, with reports that it has acquired a major stake in a key appliance retailer in Shandong...

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BoCom surpasses 5 million cards threshold

Bank of Communications has issued more than five million credit cards so far, the bank said today.

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Insurer ready for listing

The People's Insurance Company (Group) of China is currently preparing to be listed on the A share market this year, the China Securities Journal reported.

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Overseas insurers tap investment cake

Shanghai's investment-linked products grew rapidly last year with overseas insurers the main players, the local regulator said yesterday.

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Stricter rules for mutual fund companies

Mutual fund companies should disclose detailed information about related transactions and elaborate costs and revenues of each business in their annual reports to make their management more...

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Japan firms blamed for stuffed buns contamination

Steamed stuffed buns found contaminated by pesticide remains were produced by Japanese wholly-funded enterprises in China, said China's quality watchdog on Friday.

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2nd west-to-east gas pipeline project launched

China on Friday launched its second west-to-east natural gas transmission pipeline, which will mainly carry natural gas from Turkmenistan and China's Xinjiang Uygur Autonomous Region to the Yangtze and...

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Shanghai index sinks to lowest in two weeks

Shanghai's key stock index fell for a third day to its lowest since February 1 as most blue chips sank.

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China and Venezuela co-invest in oil refineries

China Business News (02/22/2008)

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Chinese banks should care more about credit risks

China Securities Journal (02/22/2008)

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