 Expert: New Chinese car tax unlikely to dent sales much |
| BEIJING, Sept. 6 (Xinhua) -- A new tax on cars with
large engine displacements took effect this month, but the negative impact on
sales will be small, experts said.
On Sept. 1, the tax on cars with engine capacities of
3 to 4 liters rose 10...... (9/6/2008 4:41:33 PM) |
| Coca-Cola puts new takeover law to the test |
| BEIJING,Sept. 5-- The Coca-Cola Company's $2.3 billion bid for premier juice maker China Huiyuan Juice may help the U.S. company achieve dominance in China's beverage market. But analysts remain skeptical because of the many hurdles that could...... (9/5/2008 8:28:41 AM) |
| Soybean output set to increase |
| The government will ramp up soybean production and guide development of the soybean processing industry to reduce reliance on imports, the National Development and Reform Commission (NDRC) said yesterday.
Last year, China imported 30.82 million...... (9/4/2008 1:55:15 AM) |
| China to produce world's fastest bullet train |
| China will produce the world's fastest bullet train for the Beijing-Shanghai high-speed railway, a senior railway official has said.
Zhang Shuguang, deputy chief engineer with the Ministry of Railways, said the domestically developed train will run...... (8/31/2008 4:35:27 PM) |
| Aviation industry surges higher |
| No airline can afford to miss the China ride.China's fast-growing economy is making the country a shining star in the global aviation market. Since the country adopted the reforms and opening up policies in 1978, its air traffic has been increasing...... (8/28/2008 8:00:27 PM) |
| HSBC to expand network |
| Customers walk out of the HSBC North Star sub-branch near the Bird's Nest in the file photo taken in Beijing. HSBC will open new branches in Zhengzhou and Ningbo in a move that underpins the bank's confidence in China's long-term growth prospects...... (8/21/2008 7:06:19 PM) |
| Power base generates winds of change |
|
Standing on the vast Gobi desert at Jiuquan, Gansu province are about 400 giant wind turbines. Together they compose a spectacular matrix that attracts lots of tourists, making a new hot spot along the ancient Silk Road.
The matrix is still being...... (8/17/2008 11:56:06 PM) |
| Shenhua secures exploration license |
| China Shenhua Energy Co has agreed to pay A$300 million (US$261 million) for a coal exploration license in Australia. It reported a 17.4-percent growth in July output.A sign of China Shenhua Energy Co
Shenhua, the world's most valuable coal...... (8/16/2008 9:46:08 PM) |
