Il rimbalzo commerciale e l'apprezzamento previsto di RMB hanno parte posteriore di inondazione della moneta calda dentro

The four banks extended 110.5 billion yuan in new loans in the month, out of a total of 516.7 billion yuan.

By staff reporter Feng Zhe

Resources company Malachite Resources (ASX:MAR) has formed a strategic alliance with Nanyang Mining Resources Investment, a privately owned Chinese-Australian investment group.

Nanyang has established a partnership with Malachite in order to become a significant participant in the Australian mining industry.

Investors liked the news, Malachite shares kicked 13 per cent, or 1.5c, to 13c.

Subject to conditions, Nanyang will become Malachite's largest shareholder through an equity injection in the short term and a joint venture partner in its Conrad Silver Project.

The financial crisis may have ravaged China's manufacturing industry but one manufacturing equipment producing company in North East China seems to have prospered from it, with revenues shooting up 21 percent in the first half 2009 to £21.1m.

China Wonder pre-tax profits did however decrease slightly to £0.22 million from £0.25 million the previous year, but the company expects a 30 percent growth in profits and revenues over the next year.

New home prices in Guangzhou have recovered from last year's contraction and risen well above the average price in the last property boom year of 2007.

By staff reporter Wang Zhen

China markets finished slightly higher today, led by auto and related shares. Financial shares pushed the Hang Sang Index up 0.5 percent to a 14-month pre-Olympic high. The Shanghai Comprehensive Index added 0.3 percent to 2979.79. The Hang Seng China Enterprise Index, representing large mainland companies listed in Hong Kong, advanced 0.64 percent to 12859.71.

Taiwan's TAIEX Index gained 0.19 percent to 7710.40.

China's foreign exchange reserve agency has issued a new rule to discourage speculations in A-share markets.

By staff reporter Wu Ying

China Aoxing Pharmaceutical today reported year-end results to June 30 with revenues up 27 percent to US$8,941,907 and gross profit up 18 percent to US$3,806,246.

The company attributes the increase to increased marketing efforts, improved brand recognition and effective pricing strategy.

The company also invested more in research and development, raising its spend from US$700,202 in fiscal year 2008 to US$722,567 in fiscal year 2009. Development programs include Oxycodone, Tilidine, Codeine Phosphate and Buprenorphine.

Articolo completo in cinese: http://www.bocvip.com/2009-10-14/110282363.html Cina Petrochemical Corp., o il gruppo di Sinopec, si è ritirato da un consorzio internazionale principale dalla compagnia petrolifera italiana Eni che ha vinto i diritti di sviluppo al giacimento di petrolio quarto maggior dell'Irak, lo Zubair. The Financial Times ha citato di direttore generale del Eni Paolo Scaroni in un rapporto del 13 ottobre come dire che l'Irak ha dato il consorzio internazionale lo sviluppo radrizza a condizione che Eni cadesse il gruppo di Sinopec come relativo socio.

Full article in Chinese: http://www.bocvip.com/2009-10-14/110282382.html

Australian miner Cazaly Resources Ltd. is seeking an investment of around A$100 million from Chinese steelmakers for its Parker Range iron ore project, executive director Nathan McMahon told Caijing on Oct. 14.
Parker Range has proven reserves of 23.5 million tons, McMahon said. The project is due to start operations in 18 months.

Articolo completo in cinese: il ministero di commercio di http://www.bocvip.com/2009-10-14/110282125.html Cina ha detto che accoglie favorevolmente una decisione recente dal Tribunale Europeo della giustizia che capovolge un'individuazione di dumping su un fornitore cinese del bordo rivestente di ferro. In una dichiarazione sul relativo Web site il 14 ottobre, il ministero ha incoraggiato i produttori domestici a salvaguardare i loro diritti all'interno del quadro giuridico dei partner commerciali.

Full article in Chinese: http://www.bocvip.com/2009-10-14/110282446.html

Two funds tracking the Shenzhen Stock Exchange 100 Index, known also as the SSE Index 100, ranked among the 10 best-performing open-end funds in China in the first nine months, according to a report by Shenzhen Securities Information Co., a financial data provider.

China Welcomes EU Court Ruling on Ironing Boards

Industry

Positive signals for an international board on the Shanghai Stock Exchange point to a nearing launch. But major obstacles remain.

By staff reporters Fan Junli and Shen Hu

China Crescent Enterprises Inc (OTC:CCTR) has set a new target for 2010, to reach a profitable annualized revenue run rate of $100 million. The latest statement from the Chinese ‘Outsourcing' software company follows several key announcements from their outsourcing summit this week in China.

Yesterday China Crescent announced that it had met with a prospective new outsourcing client to discuss terms for an anticipated $15 million contract to provide back office and strategic technology services.