June 2009

Zimbabwe Says China Is Giving It Loans

By admin on June 30, 2009

Zimbabwe’s premier, mocked by the top party for not raising much aid, said an appointee of his had secured $950 million in credit from China.

Geely, others still eye Volvo cars takeover: source

By admin on June 30, 2009

LONDON (Reuters) - China’s Beijing Automotive Industry Holding Corp (BAIC), rival Geely, and at least one “Western industrial group” remain interested in Ford Motor Co’s Volvo car unit, a person close to the situation said on Tuesday.

China Gains in Tangled Bidding at Iraq Oil Auction

By admin on June 30, 2009

Oil and gas companies were demanding far more for their services than the Iraqis were ready to pay.

China Delays Rule on Software Censor

By admin on June 30, 2009

China on Tuesday indefinitely delayed enforcement of a new rule requiring manufacturers to install Internet filtering software on new computers.

Quake jolts China’s Sichuan, damaging houses

By admin on June 30, 2009

BEIJING (Reuters) - A small earthquake on Tuesday damaged thousands of houses in China’s Sichuan province, where an 8.0 magnitude quake last year killed more than 80,000 people.

Iraq Oil a Big Draw for Chinese

By admin on June 29, 2009

China is showing increasing interest in oil fields that had seemed until very recently to be firmly in the American sphere of influence for natural resources.

Dollar edges up, global stocks hold ranges

By admin on June 29, 2009

LONDON (Reuters) - The dollar recovered a little ground on Monday after falling late last week on a renewed call by China for a super-sovereign reserve currency, and stocks traded just below the top of recent ranges.

In China, parents mourn children abducted by traffickers

By admin on June 28, 2009

DONGGUAN (Reuters) - In the quiet village of Shang Di, wedged among factory towns in southern China, Deng Huidong wheels out a dusty two-seater tricycle that her 9-month-old son rode the day he was abducted outside her family house in 2007.

Companies Appeal to China to Drop Web Filter Plan

By admin on June 27, 2009

A letter from 22 chambers of commerce and trade groups representing the world’s major technology suppliers is adding to pressure on Beijing to halt the plan.

Nearly completed high-rise collapses in Shanghai

By admin on June 27, 2009

HONG KONG (Reuters) - A 13-storey residential building under construction in Shanghai collapsed Saturday, killing one worker and highlighting the dangers of shoddy building in fast-urbanising China.

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