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China shares fall on profit-taking
(AP)
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AP - Chinese shares declined Wednesday after a short-lived rally on profit-taking in banks and refiners, and telecom shares fell despite the government's release of third-generation mobile phone licenses.
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China issues 3G mobile phone licenses
(AP)
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AP - China assigned third-generation mobile phone licenses Wednesday to three carriers in a long-awaited step that is expected to prompt $41 billion in spending on new equipment.
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China pushes to ease grim graduate unemployment
(Reuters)
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Reuters - China will push a rising tide of university graduates to find work in the countryside and small firms after Premier Wen Jiabao warned on Wednesday that they face a "grim" job market as a global slowdown seizes the economy.
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AFP - Alstom Transport, the world's second-largest train-maker, is calling on nations not to buy Chinese-made trains, accusing the country of shutting foreign firms out of domestic bids, a report said Friday.
Reuters - Chinese factories slashed output and workers at a record pace in December and manufacturing activity overall fell for a fifth month as the global financial crisis hit export demand, a survey by brokerage CLSA showed on Friday.
Reuters - Please forgive us, a group of Chinese dairy firms said in a New Year text message sent to millions of mobile phone subscribers.
AFP - China issued long-awaited third-generation mobile phone licences Wednesday, a move that will pour billions of dollars into new networks as consumers buy video- and Internet-enabled handsets.
AFP - At least five people were killed in an explosion at a chemical plant in east China, state media reported Saturday.
Reuters - A group of parents whose children fell ill from drinking tainted Chinese milk have been detained by police apparently trying to block them from holding a news conference, one of the fathers said on Friday.