JPMorgan gears up to tap China's energy IPOs (Mar 10)
(BEIJING) JPMorgan expects to see more deals and new business in China this year, particularly as new energy and natural resource companies aim to go public to finance rapid expansion, the bank's China boss said yesterday.


Taipei may ask banks to raise reserve ratio (Mar 10)
(TAIPEI) Taiwan's central bank may follow China and order domestic lenders to set aside more deposits as reserves to curb loan growth and cool surging property and stock prices, according to Citigroup Inc and Standard Chartered plc.


China vows to improve social safety net (Mar 10)
(ChinaPost.com.tw) - China's top lawmaker said Tuesday that legislative priorities this year would focus on improving social security and fostering more equitable economic development, but he rejected calls to open up the political system.


Time not ripe for cross-strait summit: premier (Mar 10)
(ChinaPost.com.tw) - Premier Wu Den-yih said yesterday that the time is not yet ripe for a summit meeting between President Ma Ying- jeou and his Chinese counterpart, Hu Jintao.


China: 100 mln USD spent on Xinjiang blizzards relief work (Mar 10)
Source: Xinhua


Chinese factory halts World Cup toy production (Mar 9)
A Chinese factory has halted production of World Cup 2010 mascot toys after an investigation into alleged sweatshop conditions, the merchandise company for world football body FIFA said Tuesday.


High-rise drama in Nanchang (Mar 9)
The unnecessary demolition of a 10-year-old hotel in south-east China exposes a shallow commitment to low-carbon development, argues Li Taige.It only takes eight seconds to demolish a four-star hotel.

Nanchang, the capital of Jiangxi province in south-eastern China, which claims it is en route to becoming a “low carbon city”, has done something almost unbelievable. On February 6, the landmark 22-storey, 86-metre high Wuhu Hotel, which only opened in 1997, was dynamited. The hotel was owned by Hong Kong’s Kaimei Group, which bought it in July, 2007 with a view to adding a further three floors – raising the building to a height of 90 metres – and refurbishing the interior to five-star standards.

The changes were approved by the local planning authorities, but the company then changed its mind. According to a city planner quoted in the city’s Information Daily on November 19 last year, Kaimei became nervous about possible subsidence and abandoned its plans. A new proposal was submi...


Philippines Oil and Gas Report Q2 2010 - new market report released - PR-inside.com (press release) (Mar 9)