Government Updates
Coke bid for juice maker turns sour
The government rejected Coca-Cola's plan to acquire beverage maker China Huiyuan Juice Group Ltd for $2.4 billion on Wednesday, citing the country's anti-monopoly law.
Beijing scuppers Coke deal
China yesterday rejected a $2.4bn Coca-Cola deal that would have been the country's biggest foreign takeover, stoking fears of protectionism and warnings the decision could scupper Beijing's push to invest in overseas mining companies.
Read moreChina's cabinet urges thorough implementation of gov't work report
BEIJING, March 18 (Xinhua) -- China's State Council (Cabinet) called Wednesday for thorough implementation of this year's government work report in face of the worsening global downturn.
Read moreState Council: Notice of Printing and Distributing Plan for Adjusting and Revitalizing Logistics Ind
State Council: Notice of Printing and Distributing Plan for Adjusting and Revitalizing Logistics Industry
Read moreCSRC: Announcement No. 2 [2009] “Temporary Regulations on Securities Brokers”
CSRC: Announcement No. 2 [2009] “Temporary Regulations on Securities Brokers”
Read moreMEP: Calls for Comments on the Exposure Draft of National Environment Protection Standards -“Techn
MEP: Calls for Comments on the Exposure Draft of National Environment Protection Standards -“Technique Guild for Environmental Protection Standard Compilation”
Read moreChinese banks issue 300 mln new bank cards in 2008
BEIJING, March 17 (Xinhua) -- China issued 300.4 million new bank cards last year, up 16.7 percent from 2007, the People's Bank of China (PBOC), the central bank, said Tuesday in a Web statement.
PBOC survey: Average Chinese has 1.75 bank accounts
BEIJING, March 17 (Xinhua) -- The average Chinese citizen had 1.75 personal bank accounts at the end of 2008, the People's Bank of China (PBOC, the central bank) said in an on-line report Tuesday.
No "crowding out" seen in China's treasury bond sales plans
China plans to offer several hundred billion yuan in treasury bonds this year to finance its record fiscal deficit and massive government economic-stimulus program, a debt plan that's raising concern about possible "crowding out" of private-sector borrowers and investment.