Latest Economy of the People's Republic of China Stories
Communities in central and northern China are facing power cuts and rationing as winter coal supplies start to drop due to a surging demand. Cold weather and transport disruptions typically cause shortages most years, but coal producers crimping their profits are complicating the problem. China's State Grid said in reports on Monday that recent winter storms had pushed demand higher while worsening traffic bottlenecks, hindering coal deliveries. China depends on coal for over three-quarters...
COLUMBUS, Ohio, Dec. 6, 2010 /PRNewswire/ -- Oxford Resource Partners, LP (NYSE: OXF) (the "Partnership" or "Oxford") announced today that Senior Vice President and Chief Financial Officer Jeffrey M. Gutman will present at the 2010 Wells Fargo Securities 9th Annual Pipeline, MLP and E&P, Services and Utilities Symposiums in New York City on Tuesday, December 7, 2010. Oxford will provide a live webcast of the presentation at 3:25 p.m. Eastern Time which will be accessible in the...
Offers Tips to Success in Market BEIJING, Nov. 29, 2010 /PRNewswire-Asia/ -- The global law firm Jones Day announced today that partner Jingzhou Tao has co-authored a book entitled Mergers & Acquisitions in China. The book is the second edition of previous volume and is geared towards international companies interested in doing business in China. It explains key issues and pitfalls arising from merger and acquisition transactions and provides an understanding of what actions need to...
COLUMBUS, Ohio, Nov. 17, 2010 /PRNewswire/ -- Oxford Resource Partners, LP (NYSE: OXF) (the "Partnership" or "Oxford") announced today that President and Chief Executive Officer Charles C. Ungurean will participate in a panel discussion at the RBC Capital Markets MLP Conference in Dallas, Texas on Thursday, November 18, 2010. The panel discussion will include a prepared presentation by Mr. Ungurean. Oxford will provide a live webcast of the panel discussion at 4:15 p.m. Eastern Time which...
BEIJING, Nov. 11, 2010 /PRNewswire-Asia/ -- GLI has interviewed Mr. Rong Ren, the CEO of Harvest Capital, one of the speakers of "The 3rd Asia Commercial Real Estate Summit 2011" before the summit. 1. Q: How do you see the commercial property investment market in China? What does it take to capture the immense potential of this market? A: The trend of commercial property (CP) investment in China is changing fundamentally, and it's moving closer to the international standard. However, it's...
COLUMBUS, Ohio, Nov. 10, 2010 /PRNewswire/ -- Oxford Resource Partners, LP (NYSE: OXF) (the "Partnership" or "Oxford") announced today that President and Chief Executive Officer Charles C. Ungurean and Senior Vice President and Chief Financial Officer Jeffrey M. Gutman will present at the Raymond James Third Annual Coal Investors Conference in New York City on Thursday, November 11, 2010 at 2:40 p.m. Eastern Time. Oxford will provide a live webcast of the presentation which will be...
TORONTO, Nov. 9, 2010 /PRNewswire/ -- According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the spinal implant market in Brazil, India, and China, valued at over $850 million in 2010, will continue to skyrocket through 2015. Revenues in all three countries will be driven by strong economic growth, boosting the prosperity of the average citizen and improving their ability to pay for costly spinal implant surgery. Greater wealth will...
CHANGGE and BEIJING, China, Nov. 8, 2010 /PRNewswire-Asia-FirstCall/ -- Zhongpin Inc. ("Zhongpin", Nasdaq: HOGS), a leading meat and food processing company in the People's Republic of China, today reported higher revenues and net income for the third quarter 2010 from the third quarter 2009. Third Quarter 2010 and recent highlights: Net sales revenues increased 24 percent in the three months ended September 30, 2010 to $241.1 million from $194.9 million in the third quarter 2009.Net income...
HONG KONG, Oct. 27 /PRNewswire-Asia/ -- Sinopec Shanghai Petrochemical Company Limited ("Shanghai Petrochemical" or the "Company") (HKEx: 338; SSE: 600688; NYSE: SHI) announced today the unaudited operating results of the Company and its subsidiaries (collectively, the "Group") for the nine-month period ended September 30, 2010 (the "Period"). Under the China Accounting Standards for Business Enterprises, the Group's operating income for the Period amounted to RMB55.180 billion,...
China's WTO violations, subsidies and state ownership harm U.S. manufacturers WASHINGTON, Oct. 14 /PRNewswire-USNewswire/ -- A new study released today concludes that the unprecedented growth of the Chinese steel industry is inconsistent with commercial considerations and has been facilitated by massive government intervention. The report entitled, The Reform Myth: How China is Using State Power to Create the World's Dominant Steel Industry, documents how China has accounted for all of...
