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Share dumps may put spoke in growth board’s big wheels
As China’s Nasdaq-style second board approaches its first anniversary next month, the market has been gripped by growing anxiety over rumored imminent share dumps by insiders and former executives. Since…
African Eximbank to extend loans for telecom from ZTE
African Export-Import Bank, a policy lender of trade finance, will provide $56.4 million in loans to help Africa import telecom equipment from ZTE Corp, its president Jean-Louis Ekra said. The…
China National Gold Group reports 1,200 tons of gold deposits
China National Gold Group Corporation, a centrally-administered state-owned enterprise (SOE), recently reported that it owned gold deposits of 1,256 tons, with total assets and sales revenue of more than 100…
Chinese auto brands see booming sales in August
The production and sales of Chinese-made cars in August has improved from July, and both have exceeded 11 million units from January to August 2010, an increase of nearly 40…
Star power graces BYD event
How many companies can boast VIPs like Warren Buffet and Bill Gates will show up at their promotional event? Probably very few. But that was the case Wednesday in Beijing…
VW recalls Fabia model amid engine fears
Volkswagen’s joint venture in China has issued a recall of its low-priced line of Skoda cars, due to defects that could cause stalling, said the General Administration of Quality Supervision,…
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