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September
29
China will include a pilot emissions trading scheme in its next five-year plan for economic development. But western businesses and consultants hoping for guidance on the prospects for carbon trading in China will remain frustrated...
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Sign of the times. HSBC, the London-based banking giant, is to relocate its chief executive's office to Hong Kong. The highly symbolic move will no doubt endear the bank to Chinese authorities...
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IBM hopes to convert the Yellow River Delta over to "harmonious development" and a modern services-led economy using the cloud computing model... more »
September
10
Despite the poor precedents for global alliances, Telefónica is to increase its holding in China Unicom to just above 8%. More significantly, the Chinese company will take a 0.9% stake in Telefónica - the first Chinese stake in a European telco... more »
China is to build a massive 2.2GW solar farm in Inner Mongolia using solar panels from US vendor First Solar. The facility, located near Ordos City, will be built in stages starting with a 30MW demonstration project...
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August
14
Normal service will be resumed in September. August
7
Tianping Auto Insurance becomes China's first company to put its hand in its pocket and voluntarily buy carbon emission credits to offset the environmental impact of its business...
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Chinese IPO fever is raging once more so it was only a matter of time before Everbright Securities, the state-controlled broker, dusted off shelved plans for an IPO...
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SABMiller, the brewing giant, reports that lager sales in China rose 17% in Q2 2009, in sharp contrast to the European beer market where the weight of the recession cut beer sales 7%...
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August
3
China's telecoms market is poised to overtake Japan's by 2014.
The prediction serves as a wake-up call for those western vendors for whom "Asia" has traditionally meant first and foremost Japan...
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