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china [15] |||nal Herald Tribune: The company would spend the money from a China listing on ve

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Intel Corp. announces plan for $2.5 billion chip factory in China

Mon, 26 Mar 2007 04:30:00 -0500 | CANOE Money

BEIJING (AP) - Intel Corp. announced Monday it will build a $2.5 billion chip factory in China, giving the U.S. company a bigger presence in the booming Chinese market and boosting Beijing's efforts to attract high-tech investment.


China Oilfield to seek approval to sell shares

| Findory News

International Herald Tribune: The company would spend the money from a China listing on vessels and to build drilling and exploration equipment.


ITT fined $100 million for exports to China

Tue, 27 Mar 2007 15:41:19 GMT | MSNBC.com: U.S. Business

Diversified industrial manufacturer ITT Corp. has admitted sending classified night-vision technology used by the U.S. military to China and will pay $100 million penalty, the U.S. Justice Department said Tuesday.


China`s steel production to rise 13% in 2007

Tue, 27 Mar 2007 15:05:17 GMT | Business Standard

Crude steel output in China, producer of a third of the world's steel, will slow down this year on easing domestic demand and governmental action to curb over-investment, while exports may be


World Business Briefing | Asia: China: U.S. Company Buys Shanghai Bank

Tue, 27 Mar 2007 22:50:18 EDT | New York Times

UCBH Holdings, a bank that specializes in serving Chinese-Americans, said it would buy the Business Development Bank of Shanghai for $205 million to offer services to customers who do business in China. Business Development Bank, which is privately held, was established in 1992 as the first bank wholly owned by foreigners to operate in China. It will become a unit of United Commercial Bank, the operating unit of UCBH. Thomas Wu, chief executive of UCBH, said the purchase should save his company four to five years in achieving its expansion plans in China.


China reports major offshore oil find

| Findory News

International Herald Tribune: China has found a huge offshore oil field that could reduce its reliance on imported oil, the state news agency reported.


Citigroup Plans to Expand in China (AP)

Thu, 29 Mar 2007 04:59:12 GMT | Yahoo! Finance

Citigroup Inc. plans to expand its securities business and branch network in China this year after being included in last week's first group of banks approved to incorporate locally, Chief Executive Charles Prince said Thursday.


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