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Latest Chinese government Stories

2009-09-08 06:00:00

TAIYUAN CITY, China, Sept. 8 /PRNewswire-Asia-FirstCall/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH), a leading oil and fuel wholesaler and distributor operating in Shanxi Province, China, today announced that it expects to see an increase in gross profit of 4 to 5 percent on sales of its current fuel inventories as a result of the latest Chinese government mandate to raise the benchmark retail price of diesel oil and gasoline by 0.22 RMB and 0.26 RMB per...

2009-09-01 06:00:00

National Commercial Features Children Pledging Allegiance to "the Chinese Government that Lends us Money" WASHINGTON, Sept. 1 /PRNewswire-USNewswire/ -- Today the Employment Policies Institute (EPI) launched "stage 1" of a high-profile, multi-million dollar ad campaign highlighting the threat posed by unsustainable borrowing and spending. The ad blitz comes on the heels of new projections from the Office of Management and Budget (OMB) predicting over $9 trillion in deficit spending. The...

2009-08-19 15:54:00

HEILONGJIANG, China, Aug. 19 /PRNewswire-Asia-FirstCall/ -- Yanglin Soybean, Inc. (OTC Bulletin Board: YSYB) ("Yanglin" or the "Company"), one of the leading domestic processors of soybean products in China, today reported unaudited financial results for the second quarter ended June 30, 2009. Mr. Shulin Liu, Chief Executive Officer of Yanglin Soybean Inc., commented, "Our second quarter results were impacted by the Chinese government's strategic reserve purchase of domestic...

2009-08-14 06:00:00

KAIFENG, China, Aug. 14 /PRNewswire-Asia-FirstCall/ -- China Valves Technology, Inc. (OTC Bulletin Board: CVVZ; "China Valves" or the "Company"), a leading metal valve manufacturer with operations in the People's Republic of China (the "PRC"), today announced its financial results for the second quarter ended June 30, 2009. Highlights for the Second Quarter 2009 and Recent Developments -- Net revenue was $24.9 million, an increase of 111.1% from the second quarter of...

2009-07-29 07:00:00

WUXI, China, July 29 /PRNewswire-FirstCall/ -- IBM (NYSE: IBM) and Wuxi Software Industry Development Co., Ltd. (Wuxi iPark) today announced the launch of a new, smarter-IT infrastructure service offering to help Independent Software Vendors (ISVs) in China dramatically reduce the cost and time required to develop business software applications. The new cloud computing service offering is also designed to help ISVs reach new markets by providing them with the ability to sell their...

2009-07-20 15:59:00

DALLAS, July 20 /PRNewswire/ -- "HDNet World Report," HDNet's award-winning weekly news program, will investigate claims that the Chinese government is declaring whistleblowers and dissidents as insane, locking them up in mental institutions with little or no rights or redress. (Logo: http://www.newscom.com/cgi-bin/prnh/20080324/HDNETLOGO) A clip of "Insane: The Price of Speaking Out in China" can be viewed at the following link: http://blip.tv/file/2380162/ In China, the people come...

2009-07-13 07:00:00

SHENZHEN, China, July 13 /PRNewswire-Asia-FirstCall/ -- China Information Security Technology, Inc., (Nasdaq: CPBY) ("China Information Security," "CIST" or the "Company"), a leading total solutions provider of digital security, geographic, and hospital information systems in China, today announced that its wholly-owned subsidiary, Information Security Technology (China) Co., Ltd. ("IST") and its variable interest entity, iASPEC Software Co., Ltd. ("iASPEC"), were each granted "National...

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2009-06-26 08:55:00

Chief executive of Yahoo, Carol Bartz, steadfastly defended the Internet company's business practices in China saying it is "not our job to fix the Chinese government." Lawmakers accused the Sunnyvale Internet giant of putting its profits in the booming China market ahead of human rights by turning over secret data that enabled Chinese officials to track down and punish dissidents. A reporter for a business journal found himself imprisoned for 10-years after revealing to a pro-democracy group...

2009-06-23 08:38:00

Government-Mandated Software Raises Censorship, Security & Choice Concerns ATLANTA, June 23 /PRNewswire/ -- InternetSafety.com today criticized the Chinese government's decision to mandate the installation of Green Dam filtering software on every PC starting July 1, citing censorship and security concerns as well as the unprecedented attempt to force nationwide adoption of a single software product to control children's Internet use. In contrast, InternetSafety.com has participated in...

2009-06-18 08:34:00

HONG KONG, June 18 /PRNewswire-Asia/ -- Against the background of global economic recession, China is an exception because of its abundant foreign exchange reserves and huge domestic market. In 2009, The Chinese government introduced the "Stimulus plans for 10 Main industries" The industries include the steel, automobile, ship building, oil, textile, light industrial, non ferrous metal, equipment, IT and logistics industries. The programs now are in the implementation phase from the...