Brilliance dives after BMW purchases ruled out

Shares of Brilliance China Automotive Holdings, which has a joint venture with Bayerische Motoren Werke, fell 8.93 per cent yesterday after the government told state media it had no plans to buy BMW cars for official use.

China May Release Direct Power Sale Rules Soon – Source

The rules will allow approved industrial users to buy electricity directly from power generators and require power transmission firms to clearly lay out their transmission charges.

High Hopes for Hummer’s Curious Suitor

Some mysteries about a Chengdu company’s offer to buy GM’s Hummer vehicle have been answered. But questions remain.

How China must change

In spite being a Communist bureaucrat in his entire political career, Zhao demonstrated a clear and concise understanding of the inherent weaknesses of a one-party system. In comparison, Prime Minister Lee recently proclaimed that a one-party state is the only viable political system for Singapore.

Beijing learns to use the internet to log into and act on the pulse of a nation

Exactly one year ago, President Hu Jintao engaged in his first online chat with the mainland’s netizens and in a speech the same day urged officials “to pay attention to the internet and find new ways of leading public opinion”.

1b yuan Olympics profit excludes venues’ construction cost

The mainland says it made an operating profit of 1 billion yuan (HK$1.13 billion) hosting the Beijing Olympics - but the figure excludes the construction cost for the venues, a long-awaited National Audit Office report said yesterday.

Legal experts worried by decision to free waitress

Hotel waitress Deng Yujiao has walked out of a courtroom in Hubei a free woman after killing an official, but she is paying a price and so is the country’s rule of law, warned mainland lawyers and rights groups.

‘Freelance army’ to help police Web in Beijing

Authorities in the capital to set up pilot team of 10,000 new censors

16 held over exam cheating

Sixteen people from seven provinces have been detained following the busting of a group producing hi-tech equipment for the lucrative exam-cheating market.

16 held over exam cheating

Sixteen people from seven provinces have been detained following the busting of a group producing hi-tech equipment for the lucrative exam-cheating market.

Shanghai unveils liberalised rules for new residents

Shanghai formally opened its doors to outsiders yesterday, releasing details of new rules that allow them to become permanent residents.

‘Buy China’ requirement

CHINA has imposed a requirement for its stimulus projects to use domestically made goods - a move that could strain ties with trading partners after Beijing criticised Washington’s ‘Buy American’ stimulus conditions.

China’s urban population surges to 607 million

China’s urban population has surged to 607 million, almost level with the rural population, said the latest report released by a central government think-tank.

China A-share IPOs to Resume by June 25: Source

A brokerage official told Caijing that he views Sichuan Expressway Co. (HK 0107) as the best candidate for first listing.

Combine Will to spin off unit for Kosdaq listing

China-based Combine Will International Holdings, which is listed on the Singapore Exchange (SGX) mainboard, is planning to spin off its moulds and tooling segment through a listing on the Korean Securities Dealers Automated Quotations (Kosdaq).

Free wireless surfing for another 4 years

Access speeds will be doubled to one Mbps, more services rolled out

Jet Li buys $20m Binjai Rise bungalow

Spurred to set up his charitable foundation after a narrow escape from the 2004 tsunami. He moved his family to Singapore in 2007 for his children's education

Stocks in for a dip despite liquidity rush

In just 14 weeks, half the funds that exited Asia in the 16 months to March are back

Judiciary’s ‘Instruction’ System On Trial

China’s lower courts routinely seek pre-verdict instructions from higher courts. It’s a system now getting close scrutiny.

QFII funds turn cautious after market surge

Foreign institutional investors did not open a single new brokerage account on the mainland’s stock exchanges last month, according to China Securities Depository and Clearing.