Echinacities

e-china cities economic news brief:

  • China’s housing prices up 9.5% in Jan (Publish: February 26, 2010)
    Housing prices rose 9.5 percent in January from a year earlier in China's 70 large and medium-sized cities, said the National Bureau of Statistics on Thursday. That was 1.7 …


  • Hong Kong Proposes Financial Dispute Resolution Center for Individual Investors (Publish: February 26, 2010)
    The Financial Services and The Treasury Bureau has submitted a public consultation paper suggesting plans for a Financial Dispute Resolution Center and Investor Education Council in the territory.


  • Sanya Residential Property Skyrockets (Publish: February 22, 2010)
    Crispins Property Investment Management (CPIM) has released a bulletin examining the property market in the tropical South China Sea island of Hainan and the resort city of Sanya.


  • Sprite market share dragged down by poisoning scandal (Publish: February 22, 2010)
    Sprite's share in China's carbonated beverage market has been dragged down from 13.3 percent to 9.8 percent since Feb 1 by the mercury poisoning scandal, National Business Daily …


  • CITIC Capital closes 2nd buyout fund at $925m (Publish: February 9, 2010)
    CITIC Capital Partners, the private equity arm of CITIC Capital Holdings (CITIC Capital), today announced the final closure of its second China buyout fund, CITIC Capital China Partners II, (CCCP II).


  • China approves Gansu coal mining plan (Publish: February 9, 2010)
    China's top economic planner, the National Development and Reform Commission, has approved the plan to build a 7.1-billion-ton coal mining region in Northwest China's Gansu …


  • Chinese firm becomes official sponsor of 2010 World Cup (Publish: February 5, 2010)
    China's solar energy company - the Baoding, Heibei-based Yingli Green Energy - told China Daily today that it is proud to be an official sponsor of the 2010 FIFA World Cup in South Africa.


  • MOF to inject capital into Bank of Communications (Publish: February 5, 2010)
    The Ministry of Finance is considering injecting capital into the Bank of Communications through directional add-issuance, but the amount of the injection is not yet known, the China …


  • New Registration Rules for Foreign-Invested Partnership Enterprises (Publish: February 4, 2010)
    The State Administration of Industry and Commerce (SAIC) has released a new order on the registration of foreign-invested partnership enterprises effective March 1, 2010.


  • Stocks may hit bottom in April (Publish: February 4, 2010)
    JPMorgan says further falls are likely; cuts its MSCI China Index forecast SINGAPORE: Chinese stocks may fall further before reaching a "bottom" in April or May as money supply …
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      China’s markets have great potential and lots of uncertainties as well. The huge markets are very attractive to the wandering enterprises outside of China. In the mean time, there are unpredictable risks in those immature markets. After more than thrity years of exploration in market economy, China’s merchandise and service markets are experiencing unprecedented developments and changes, which are hard to infer with an authoritative model since there have never been such changes happened in other countries ever before. Besides, low transparency of China’s market policies, imperfection of rules and regulations, inaccuracy of statistical figures, and plenty of market loopholes cause difficulties for enterprises to make decisions.
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