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| AFX News · Aktuelle AFX News Nachrichten · Archiv |
| 04.11.2009 02:03 |
PRESS DIGEST - China - Nov 4 |
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BEIJING/SHANGHAI, Nov 4 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on Wednesday. Reuters has not checked the stories and does not vouch for their accuracy.
CHINA DAILY (www.chinadaily.com.cn) -- The prognosis for foreign residents of China was questioned yesterday after the death of the first expatriate on the Chinese mainland from the A/H1N1 flu virus. The 32-year-old Russian man died in Beijing after recently flying to the city from Russia. -- A grand niece of the 14th Dalai Lama has joined the Communist Party of China. Deying Drolma, 35, is a soldier in the People's Liberation Army (PLA).
PEOPLE'S DAILY -- The death toll from coal mine accidents in China fell by 23.8 percent, or 591, in the year to September compared with the same period last year, a top work safety official said Tuesday.
CHINA SECURITIES JOURNAL -- Half of China's 14 listed banks need to raise a combined 122 billion yuan ($18 billion) over the next 12 months as huge bank lending this year has reduced their core capital adequacy. -- China will soon issue new policies for the tyre industry to raise the threshold for new plants and reduce the proportion of exports. The move follows a U.S. decision in September to impose extra duties on Chinese-made tyres. -- The China Securities Regulatory Commission granted approval for two more firms to go public on the ChiNext market, the country's Nasdaq-style second board launched last month.
SECURITIES TIMES -- Changjiang Securities has launched a rights share issue to raise 3.2 billion yuan for expansion. -- Fujian-based Industrial Securities may soon apply to the China Securities Regulatory Commission to launch a domestic initial public share offering.
SHANGHAI SECURITIES NEWS - Economists and analysts speaking at a Shanghai financial forum forecast China's stock market would stage a steady rally in coming months, propelled by promising economic prospects. -- Some Chinese banks have tightened their housing mortgage lending regulations amid increasing expectations the government may gradually exit its economic stimulus policy, which will eventually involve interest rate hikes.
CHINA BUSINESS NEWS - The People's Bank of China kept the auction yield of its benchmark one-year bills unchanged on Tuesday, but that did not calm market expectations that the central bank would allow auction yields to rise in the near term. -- China is amending its steel industry blueprint. The new guidelines are expected to call for the setup of a couple of giants with an annual capacity of more than 100 million tonnes. ($1=6.83 Yuan) For Hong Kong and South China newspapers see..... For Taiwan newspapers see........................ Keywords: CHINA PRESS (Compiled by Beijing and Shanghai Newsrooms; Editing by Jonathan Hopfner; reuters@public.bta.net.cn; +86 10 6586 5566 ext 202, fax +86 10 8527 5258; Shanghai newsroom, +86 21 6104-1688, fax +86 21 6104-1728, shanghai.newsroom@reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. © 2010 AFX News |
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