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Power company denies deal with Australian firm
China Power International Development Ltd. (CPI), a unit of major power producer China Power Investment Corp., Monday denied media reports that it had signed a $60 bln coal-supply deal with Resourcehouse.
First inland nuclear power study completed
State Nuclear Power Technology Corp (SNPTC) said yesterday it had completed the initial design for the country's first three inland nuclear power stations.
Chinese investors turn to Dubai
Property speculators from Wenzhou who contributed to the sky-high real estate prices in the country's largest city are moving their cash into debt-laden Dubai.
 
       EDITOR'S PICK
Prospect of financial innovation in China
Corporate perspective on creativity and innovation
Zhengzhou-Xi'an high-speed train starts operation
Rio Tinto gets new chief in China
China:RMB exchange rate "reasonable"
Nation's equities 'near bottom'
 
    MACRO-ECONOMY
    COMPANIES
China, Vietnam to set up new trade zone
New free trade zone to benefit China
Double-digital GDP growth forecasted this year
Faster economic adjustment 'brooks no delay'
CNOOC shares fall on news of Purchase
Power company denies deal with Australian firm
Chery: 17 new models this year
Daimler JV: New models to help double sales
 
        INDUSTRIES
 
Take-off time for airline financial services sector
COMAC plans to sell 2,000 C919 jetliners
Singapore Air Show offers sneak peek of C919 aircraft
 
Luxury carmakers trade up to China market
Chery: 17 new models this year
Daimler JV: New models to help double sales
 
Good times ahead for Chinese steelmakers
China manufacturing activity index decreases
Local contractors set sail overseas
 
China launches WTO action over EU shoe levy
Three detained for tainted dairy products
10-day crackdown on latest milk scare
 
First inland nuclear power study completed
China approves Gansu coal mining plan
China to increase LNG import: official
 
ICBC to adjust lending to promote more eco-friendly economic growth
China's fiscal revenue rises 55.8% in Dec.
Govt to beef up regulation of pre-paid card industry
 
China Pacific Insurance expects 2009 profit to surge 400%
China's Ping An Insurance profit up 1,500% in 2009
BoCom launches insurance business
 
Biggest hacker training site shut down
More users join the 3G bandwagon
Hanvon debuts eBook products for US
 
NetEase calls halt to new WoW account registration
Sohu quarterly profit down
Baidu to build Int'l headquarters
 
China rolls out fresh measures for property market
Chinese investors turn to Dubai
7-year-old base land price to be updated
 
HK retail sales revenue grows 16%
H&M China sales up to $219b
China's retail sales up 15.5% in 2009
 
Official denies report on mobile real name registration
China Unicom forecasts 2009 profit to plunge by 50%
Legendary figure in telecommunications
 
National Geopark to add tourists to HK: official
Mainland tourists flock to Mideast
Ctrip offers $88m for 90% stake in travel unit of Wing On
 
China launches three models of LNG vessels
Zhengzhou-Xi'an high-speed train starts operation
Beijing doubles parking fees to ease downtown traffic
 
    STOCK MARKET
  Market Snapshot       
 Shanghai      2870.63             -176.34                 -5.79
 Shenzhen     11668.80           -830.95                 -6.65
   HSI            20,893.33          32.03                0.15

   Nikkei        10,597.33         80.14                0.75
 Dow               9,321.40         -76.79                    -0.82
 Nasdaq         1,985.52         -23.83                   -1.19

   DAX            5,221.36               -87.75               -1.65

   FTSE          4,713.97               -41.49               -0.87
  Exchange Rates in RMB         Market News
USD 683.33 HKD 88.168
EUR 976.90 JPY 7.2268
GBP 1,125.10 CHF 634.74
CAD  618.77 AUD 563.08
· CIC reveals US equity holdings
· China's bank shares set to perform best
· Shanghai Exchange accelerates Int'l board
· Commodity, finance companies lead rally
       Statistics
  State Of Markets
The World Bank points to bright prospects for the Chinese economy, citing vibrant domestic demand that is helping to maintain growth. Also, increases are giving vitality to the export front. The growing momentum was felt at the latest Canton Fair, an effective gauge of foreign trade, which witnessed much higher export volumes than the last session in April. The newly launched ChiNext, China's NASDAQ-style stock market, staged a roller-coaster ride on its first few trading days, raising worries over rampant speculation. The manufacturing sector gathers force as evidenced in the increasing purchasing managers' index. Airbus plans to build its first Asian logistics center in Tianjin early next year. Brazil's Petrobras inked a $10-billion line of credit contract with the China Development Bank on November 3.
 
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