China Economic Review - Daily Briefs

China extends Rio Tinto investigation

Australian Foreign Minister Steven Smith said yesterday that China has advised Australian authorities that it will extend its probe of Rio Tinto executive Stern Hu by two months, the Wall Street

China Automotive Systems revenues up 75%

Wuhan-based China Automotive Systems, which makes power steering system components, announced yesterday that third-quarter profits rose dramatically on a boost in sales of components for passenger vehicles,

BMW to build new China plant

German automaker BMW plans to build a new factory in China to meet rising demand for luxury vehicles, Bloomberg reported. The company's chief financial officer Friedrich Eichiner said the new plant will

Obama in last minute climate talks with China, India

US President Barack Obama is trying to salvage chances for an agreement on climate change mitigation this month by meeting with the leaders of China and India, the AFP reported. Obama will begin

Taiwan hopes to speed up trade talks

Taiwan wants to begin formal negotiations on a bilateral trade agreement with the mainland soon, AFP reported. Shih Yen-shiang, the island's economic minister, speaking on the sidelines of the

Study of Chinese plastics workers links BPA to sexual dysfunction

A US study of workers in four factories in China concludes that exposure to high levels of a chemical found in everyday plastics products causes erectile dysfunction and other sexual problems in men, the

Official: Talks to free Chinese crew from pirates going well

Ismail Haji Noor, head of the anti-piracy division of Somalia's transition government, said talks to free 25 Chinese crewmembers are proceeding well and he expects them to be released within six to eight weeks, the