CHINA

China MofCom studies import tax cuts -sources

China MofCom studies import tax cuts -sources

China's Ministry of Commerce has asked for opinions from other ministries about the idea of cutting import taxes on a range of goods, two sources familiar with the move said on Thursday.

China tightening to hit small property firms -Fitch

China tightening to hit small property firms -Fitch
Some small Chinese developers will not survive until the end of the year because the government's property tightening will deprive them of cash, giving bigger players a chance to buy their assets, Fitch Ratings said on Thursday.

China to expand health coverage to urban population

China to expand health coverage to urban population
China aims to expand its medical coverage to include 90 percent of its urban population by the end of 2011, China's State Council, the cabinet, said on Thursday, in an effort to strengthen the country's weak social safety net.
More news
 Honda Siel to recall 57,853 units in India for faulty engine

Honda to recall 693,497 units globally

Japanese auto major Honda said on Thursday that it will recall more than 693,497 units of the Freed, Fit and City company models globally due to defective parts that could stall the engine and cause problems restarting.
Woman holds an umbrella as she walks past a billboard carrying a bag displaying the name of U.S. fashion label Calvin Klein in central Beijing.

FDI in China surged 23 pct in January

Foreign Direct Investment (FDI) in China rose in January despite concerns over market barriers and rising labor costs in the country.
HK airport

China air passenger growth to lead global market - IATA

The number of international air passengers from mainland China will rise by an average of 10.8 percent per year through to 2014, making it the world's fastest-growing market, industry association IATA forecast.
Industrial Emission

Analysis: China regions defy caution to push for carbon trade

China's provinces are drawing up plans to launch local carbon trading platforms in the next five years, but as caution prevails in Beijing, none of the ideas are likely to create products of interest to overseas buyers.
China to shake up rare earth industry

China to shake up rare earth industry

China announced a shake-up of its rare earths industry on Wednesday, vowing reasonable quotas on mining and exports to bring order to the small but strategic sector where its dominance has spooked foreign buyers.
Analysis: China's plan to create steel super firms seen

Analysis: China's plan to create steel super firms seen

China is likely to fail in its drive for state-owned steel giants to swallow small mills and create iron ore super buyers to wring better prices from leading sellers Vale, Rio Tinto and BHP Billiton.
"Sport of kings" looks to China's elite

Sport of kings looks to China's elite

Asia's first ever snow polo tournament went into its second day on Wednesday at China's newest and largest polo club, with six top global teams promoting the luxury sport to the nation's new and growing ranks of wealthy.
BHP Billiton CEO harboured concern over China spying

BHP Billiton CEO harboured concern over China spying

Global miner BHP Billiton's boss, Marius Kloppers, confirmed on Wednesday he had harboured concerns about Chinese and competitor espionage on his business, citing it as a reason behind his push for market pricing of key commodities.
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Gold steadies off 4-week high ahead of U.S. data

Gold steadied on Wednesday ahead of a raft of U.S. data due later, having earlier risen to four-week highs as a retreat in the dollar and concerns over the medium-term inflation outlook helped support the precious metal.

Do iPad Rivals Gain On Enterprise Space?

Barclays Capital said it continues to believe the new tablet category (led by Apple Inc.'s iPad) is poised for rapid growth over the coming years.
India and Japan, two of Asia's largest economies, signed the landmark free trade agreement (FTA) on Wednesday, paving way for the elimination of  tariffs on more than 90 percent of goods traded between the two countries over the next decade.

India-Japan free trade agreement: A win-win deal

India and Japan, two of Asia's largest economies, signed the landmark free trade agreement (FTA) on Wednesday, paving way for the elimination of tariffs on more than 90 percent of goods traded between the two countries over the next decade.
China’s new regulations on rare earth minerals: report.

China to publish new regulations on rare earth minerals

China will soon publish new regulations to increase supervision of the country's rare earth industry in a move that is likely to drastically change the landscape of the sector, the China Securities Journal informed on Wednesday.
International Business Times Logo

G20 likely to repeat language on forex: official

The Group of 20 wealthy and emerging nations is likely to encourage emerging countries to let their currencies float more freely when they meet this week, in a repeat of language used last year, a G20 official said on Tuesday.

China to build $1.2 bln airport in Sudan

A Chinese company has won a 900 million euro ($1.21 billion) contract to build a new international airport in the Sudanese capital Khartoum, underscoring the close links between China and sanctions-hit Sudan.
China's public security minister Meng Jianzhu (L) is greeted by North Korean official upon his arrival at an airport in Pyongyang in this picture released by North Korea's official KCNA

China openly backs North Korea succession plan - report

A top Chinese official has backed ailing North Korean leader Kim Jong-il's plans to hand power to his son, the North's state media said on Tuesday, hailing the successful solution to allow continued socialist rule.

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