China to Control Power Plant Investments
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China will step up controls on investment in power plants, despite electricity shortages, to help ease pressure on coal supplies, state media reported Monday.
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"The Chinese government will take concrete measures in energy saving and pollution control and try to meet the targets set in the Eleventh Five-Year Plan"  China will take its responsibilities seriously and contribute to the global cause of environmental protection, said Chinese Premier Wen Jiabao on Friday. via People's Daily Online
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Pakistan recognized China as a market economy Wednesday and Beijing promised visiting Prime Minister Shaukat Aziz 150 million dollars in aid to build a nuclear power plant.
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China Yangtze Power Co., Shanghai Baosteel Group and State Grid Corp. will invest 8 billion yuan ($964 million) in China Construction Bank in a reorganization valuing the nation&#39;s third-largest lender at 194 billion yuan.
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China&#39;s leaders vowed Sunday to sustain steady economic development and control investment in fixed assets in 2005, state media said.
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China's investment in construction and factory equipment, a key growth indicator, slowed slightly in November on lower public spending, but local-level investments surged, the government reported Thursday.
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China will invest $100 billion in Latin America over the next decade, steering funds primarily to infrastructure and energy projects.
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China's biggest oil and gas producer could be offered a 20 percent stake in a Russian state company that will control Yukos' former key subsidiary, a Russian minister said Thursday, in an apparent attempt by authorities to avoid legal fallout from the disputed auction of the Yukos unit.
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China has signed an agreement to buy four nuclear power plants from American firm Westinghouse, scuppering a possible deal with French company Areva, a US official said.Comment
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LUANXIAN, China  - The fate of a campaign by China to curb headlong investment and start cleaning up its polluted environment turns on businessmen like Cai Nianguang.
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China will spend about $3.4 billion over two to three years laying thousands of miles of oil pipelines to help secure its energy supply in the face of soaring prices and demand.
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China Power International Development Ltd., a unit of the nation&#39;s fifth-biggest utility, may buy assets from its parent as early as mid-2005 as part of plans to triple capacity in five years, Chief Executive Li Xiaolin said.
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Lawmakers in Beijing are about to pass legislation limiting foreign acquisitions in China on national security grounds.
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Nigeria has allocated China&#039;s National Petroleum Corporation licences to prospect in four oil blocks in the country, at an auction in Lagos underlining Beijing&#039;s increasing thirst for sources of energy.
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BEIJING: China has given the green signal for direct investment of insurance capital in the stock market under strict supervision, the State media reported today.
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China and the developing world need lots of what the big mining companies can give them.
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BEIJING  - China's leaders pledged at a key policy meeting to keep the economy on track next year while raising farm incomes, promoting energy conservation and holding down investment in overheated industries, state media said Monday.