Other Briefings
Shanghai Apartment Sale Breaks Record at RMB96 Million
SHANGHAI, Nov. 18 – A luxury apartment broke price records when it was sold for RMB96.09 million (US$14.07 million) to an unidentified buyer reports Shanghai Daily. The Tomson Riviera luxury complex apartment was priced at RMB160,848 per square meter and located on the 28th floor of Block A. The 597 square meter apartment in Lujiazui […]
Shanghai to Make Details of its Expense Budget Public
SHANGHAI, Nov. 13 – Following Guangdong Province’s move to make its government expense budget downloadable on its website, Shanghai is also releasing details of its expense budget to the public for the first time. The expense budget will include collection, distribution and application of special funds, administrative and institutional unit revenues, as well as welfare […]
2009 BusinessWeek CEO Forum: The Post-Recession World and China
Nov. 12 – The 2009 BusinessWeek CEO Forum being held next week in Beijing will focus on China and the post-recession global economy. How will China and the rest of the world seize the opportunities presented in the post-recession global economy? For CEOs and their companies the opportunities and challenges brought on by the next […]
Hong Kong Offers to Cut Water Demand to Help Guangdong Drought
HONG KONG, Nov. 12 – Hong Kong authorities have offered to cut down on the territory’s water supply from Guangdong Province to alleviate the worst drought in 60 years. Water levels in Guangdong from August to September are only half of last year’s but the province has continued to supply 2 million cubic meters of […]
Artificially Induced Snowfall in Beijing Disrupts Traffic, Flights
BEIJING, Nov. 11 – Unusually early snowfall in Beijing that worsened traffic and grounded flights out of the city’s international airport yesterday was the second snowfall in eight days to be artificially induced says China Daily. The first snowfall occurred on October 31 when authorities shot 186 doses of silver iodide into the sky resulting […]
Beijing Hosts China Internet Forum
BEIJING, Nov. 10 – The China Internet Forum, to be held at the Grand Millennium Hotel in Beijing on November 18, will be a chance for industry innovators to gain access to exclusive insights on taking advantage of industry trends, while building relationships with leading Chinese and international entrepreneurs, corporate executives, investors and government officials. […]
Swedish Arbitration Court Rules in Favor of Danone
Nov. 10 – A Swedish arbitration court was found to have ruled in favor of French food group Danone saying that Chinese beverage producer Hangzhou Wahaha breached confidentiality and non-competition agreements. The confidential arbitration decision was given on the same day that Danone decided to amicably settle the matter with Wahaha reports The Financial Times. […]
Autumn Canton Trade Fair Buyers Increase
GUANGZHOU, Nov. 5 – Overseas visitors to the autumn Canton Trade Fair “appeared 20 percent higher” than the previous two fairs earlier this spring and last autumn according to reports from the local office of Dezan Shira & Associates. The fair, which is now held every six months, has recently moved to larger premises, while […]
