China’s largest coal-fired power plant, a 2.1-billion-dollar complex supplying the energy-hungry east coast, has entered into operation, state media reported on Friday.
The four 1,000-megawatt generating units that make up the plant are located in east China’s Zhejiang province and operated by China Huaneng Group, one of the nation’s top energy producers, a news agency said.
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China signed an agreement in Geneva yesterday to eliminate a dozen tax breaks and other subsidies the United States challenged this year at the World Trade Organization, resolving one of the series of trade spats between the countries.
“This outcome represents a victory for US manufacturers and their workers,” US Trade Representative Susan Schwab said yesterday.
“The [...]
Ahoy Rotterdam declared yesterday at the newly-closed international Maritime Exhibition that Europort, one of the world’s leading maritime exhibitions, will be held in Tianjin, a port city of North China in 2009.ÂÂ
The bi-yearly Europort Maritime Exhibition is the top trading conference in the international marine industry, and one of the biggest events of the international [...]
Sociedade de Jogos De Macau (SJM), the flagship of Macau’s wealthiest man Stanley Ho, is seeking the approval from Hong Kong Stock Exchange (HKEx) for an initial public offering (IPO), to raise at least US$1 billion, market sources reported.
Early 2006, SJM brought its IPO plans to light, and Deutsche Bank has served as its IPO [...]
Temasek Holdings, an Asia investment house headquartered in Singapore, has sold US$ 255 million worth of shares in China Construction Bank (CCB)<601939><939> through a block trade, market sources reported.
Following the firm’s Monday sale of Bank of China (BOC)<601988><3988>, the deal marks the second big share sell-down in Chinese banks by Singapore’s state-owned investment agency. CCB [...]
China Shipping Container Lines Co (CSCL)<2866>, one of the leading state-owned shipping conglomerates in the country, Wednesday obtained the approval of its application to proceed with the A-share offering from the China Securities Regulatory Commission (CSRC).
The company plans to issue approximately 2.34 billion A shares in Shanghai, expecting to raise up to US$2 billion. The [...]
