China Summit

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DSM on track to reach $1.5 billion China sales

SHANGHAI (Reuters) Nov 7 - Dutch chemicals group DSM NV said on Friday it is on track to reach its annual China sales target of $1.5 billion for 2010, despite a slowing economy.

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China's hunger for resource M&A remains strong

BEIJING (Reuters) - Chinese companies' hunger to acquire natural resource firms is as voracious as ever despite turmoil in commodities market, but executives will likely wait for prices to fall even more before striking deals.

Chinese firms bank on domestic consumption

BEIJING (Reuters), Nov 6 - China's emerging consumer class is shaping up as a magnet for companies as Beijing steps up domestic spending and the slowing global economy hits exports, the country's traditional engine for growth.

Airbus sees a few delays in China

HONG KONG (Reuters) - European planemaker Airbus said 2 to 3 small Chinese start-up airlines could be forced to delay delivery of aircraft in 2009-2010 as they struggle in the wake of the global financial crisis.

Credit Suisse China JV to open in Dec

BEIJING (Reuters) - Swiss bank Credit Suisse said it plans to launch operations of its China joint venture in early December, becoming the latest Western financial group to start a domestic securities business in the country.

China climate exchange sees cash in government promises

BEIJING (Reuters) - China's first emissions exchange hopes to capitalize on the country's pledges to shift toward cleaner growth, even in the absence of any government caps on production of pollutants, its chief executive told Reuters.

SOHO 2009 investment to top $1.29 billion

BEIJING (Reuters) Nov 6 - Property firm SOHO China Ltd said on Thursday its investment in property next year will top the 8.8 billion ($1.29 billion) it will spend in 2008, as slumping prices provide buying opportunities.

SocGen to add staff, outlets in China

SHANGHAI (Reuters) - Societe Generale plans to at least double its China staff in 2009 and to expand its network in the world's fastest-growing major economy to 40 to 50 outlets in the next five years, a top banker said on Wednesday.

UBS sees strong Chinese corporate bond demand

BEIJING (Reuters) - Demand for corporate bonds in China is growing, not just for issuers such as banks and insurers but from retail investors as well, according to UBS' deputy head of its investment banking department in China.

TNS eyes 15 pct/yr China sales growth

SHANGHAI (Reuters) - British market research firm Taylor Nelson Sofres PLC aims to expand its China sales by about 15 percent annually over the next five years, despite a slowdown in the world's fastest growing economy and a global financial crisis.

CLP says China's renew energy biz could slow

HONG KONG (Reuters) - Hong Kong's largest power utility, CLP Holdings Ltd , said China's renewable energy sector could be negatively impacted as the global financial crisis hits the world's fastest growing major economy.

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