State tries to chill property market Oct 3, 2008
BEIJING, May 30 -- China'central government made it harder to buy a home and more expensive to sell one yesterday as it announced a string of new loan and tax policies designed to cool the booming real estate market ... "Whether the sales tax will be transferred from sellers to buyers depends on the ratio between supply and demand," said Chen Sheng, a tax expert at the China Academy of Real Estate ... Ye Ying, an analyst at Shanghai 1Fang Co Ltd, a real estate services company, forecast that the... (Xinhuanet, China -- Business)
Grains weaken on better weather conditions Jul 29, 2008
July 29, 2008 at 7:40 AM EDT. PARIS/SINGAPORE U.S. and European grain futures edged lower on Tuesday as the market awaited a better picture of weather in the U.S. Midwest, the key growing region, amid bumper crop prospects. (Globe and Mail -- Business)
Subprime saga will not leave Canadian industries untouched: report Sep 1, 2007
And if a recession did spread to Canada, the effects could be felt by other industries, including real estate, construction, and retail and wholesale trade, the authors noted. The financial services sector will feel the most direct impact of the liquidity crisis, and will be further damaged if credit conditions worsen. (National Post)
Project Update by Mundoro Mining Aug 17, 2007
Source: Mundoro Mining Inc.. VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 17, 2007) - Mundoro Mining Inc. (TSX: - ; the "Company") announces an update on the ongoing work to renew licenses for the Maoling Gold Project in Liaoning Province, China, as well as on further progress in advancing the project towards development and production. (CCNMatthews Press Releases)
Majority says 'no' to buying property now Jul 13, 2007
Some said they believe that there is a bubble in the Chinese real estate market and have adopted a wait-and-see attitude ... Some respondents said they have invested in property due to recent volatility in China's stock market, as real estate is seen as a more stable investment channel ... Some urged the government to find the fundamental reasons for rising real estate prices and adopt policies to solve the problem, closely related to people's lives and social development, as soon as possible. (Xinhuanet, China)
As pork prices soar, Chinese put brakes on corn for ethanol May 31, 2007
from the May 31, 2007 edition. Precious resource: With a famine only 50 years in the past, Chinese are wary about using food such as this corn harvested in Heilongjiang Province for biofuel. (Christian Science Monitor)
Briefly: Bank of China sees gain of over 50% Mar 20, 2007
Shui On Land, a Shanghai-based real estate developer, and affiliated Hong Kong-based companies said they signed an agreement to develop a 15 billion yuan, or $1. 9 billion, software park in northeast China. (International Herald Tribune -- Business Asia)
StanChart unit invests US$35m in developer Jan 11, 2007
HONG KONG: The private equity arm of British bank Standard Chartered said yesterday it has invested US$35mil in Sino Ocean Real Estate Development Co., its latest investment in Chinas property sector. Standard Chartered Private Equity Ltd will be an investor alongside COSCO International Holdings Ltd, a Chinese shipping and property group that paid US$50mil in August to raise its stake in Sino Ocean to 44% from 20. (The Star Online, Malaysia -- Business)