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  1. Nation steady as she grows

    Posted Oct 01st 2010, 12:00am by Edward Peters

    ... behind the United States. The country's GDP was US$4.99 trillion last year, and its purchasing power parity was US$8.77 trillion. Its economy continues to expand, notching up an average growth rate of 10 per cent for the past three decades. And China is also the world's second-largest trading nation, its largest exporter, and the second-largest importer. It now has a new ...

  2. News Corp unit plans first joint production venture with CCTV

    Posted Feb 16th 2005, 12:00am by Staff Reporter

    ... Sidney Luk National Geographic Channel takes advantage of relaxation in mainland rules to make pay-TV programmes China Central Television (CCTV) and News Corp's partly owned National ... Administration of Radio, Film and Television. 'The planned venture is only the beginning,' a source familiar with the talks said. 'National Geographic is also exploring other opportunities ...

  3. Citic unit pins hopes on oilfield

    Posted Sep 08th 2009, 12:00am by Eric Ng

    ... construction. The project is a joint venture with China National Petroleum Corp, the parent of listed PetroChina. The block had estimated geological oil reserves of 65 million to 75 million tonnes, ... to the black, but the end result will largely depend on oil price movements,' he said. Eliminating the HK$66.3 million loss at its Australian aluminium smelting unit would be more difficult ...

  4. CVC unit aims to seal three mainland acquisitions this year

    Posted Jul 07th 2008, 12:00am by Staff Reporter

    ... Tim LeeMaster CVC Asia Pacific, the regional unit of United States buyout company CVC Capital Partners which opened a Beijing office last week, hopes to have three more mainland deals ... high profile individuals, such as Fang Fenglei, who helped Goldman Sachs set up its mainland securities unit, and former Merrill Lynch head of China Wilson Feng, are organising yuan-denominated ...

  5. Oh, what nations will do for oil

    Posted Mar 05th 2004, 12:00am by Michael Richardson

    ... Michael Richardson Japan is heavily dependent on imported oil, mainly from the volatile Persian Gulf region. But it is also heavily reliant on its longstanding ally, the United States, ... oil. And just over 87 per cent of this oil came from the Middle East last year, chiefly from Saudi Arabia and the United Arab Emirates, both of which have close ties to the US. Even before ...

  6. China National secures 7.5b yuan Hainan deal

    Posted Apr 19th 2005, 12:00am by Eric Ng

    ... kilometres of gas distribution network around the island. CNOOC Gas and Power, the China National unit developing the project, is conducting a feasibility study that is expected to be submitted ... gas to LNG. Separately, CNOOC Chemical, a unit of China National, has signed an agreement with the Hainan government to form a new company to expand facilities in Basuo port ...

  7. Coli may spin off construction unit to sharpen focus

    Posted Jan 21st 2004, 12:00am by Peggy Sito

    ... its construction unit to focus its resources on the fast-growing property development business in China. The red chip said it was considering the possibility of combining all or part of its construction business with the construction units of its parent, China Overseas Holdings, to form a new entity. China Overseas holds 58 per cent of Coli. The new entity is expected to be separately ...

  8. Business - China Business - TELECOMMUNICATIONS

    ZTE aims to sharpen focus on US enterprise market

    Posted Feb 12th 2013, 12:00am by BIEN PEREZ

    ... of telecommunications network products in the United States to the country's enterprise market, as the Chinese company remains under scrutiny by Washington over alleged security issues. Shenzhen-based ZTE, ... and Huawei to be national security threats allegedly because their infrastructure products could be used by the Chinese military for cyber-attacks. ZTE was in hot water in July when a US subsidiary ...

  9. Business - China Business - TAKEOVERS

    Foreign expansion ambitions to boost China M&A

    Posted Jan 31st 2013, 12:00am by PHOENIX KWONG

    ... also likely see more M&A activity, Lou said, citing the carmaking industry as an example. Weakness in the United States and European markets would also provide additional opportunities ... after a number of large deals in 2012, Lou said. State-owned oil giant China National Petroleum Corp said last December that it had agreed to buy a 10.2 per cent stake in the Browse liquefied ...

  10. Chinalco unit makes rare earth find in Australia

    Posted Jan 07th 2011, 12:00am by Naomi Rovnick

    ... Naomi Rovnick Shares in Chinalco-backed copper and gold prospector China Yunnan Copper Australia roared up 73 per cent yesterday when the Sydney-listed exploration minnow announced it had discovered rare earths at a site in Queensland state. CYC Australia ...




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