BEIJING: China Investment Corporation (CIC), plans to invest more than US$1 billion in two clean-energy firms, The Wall Street Journal reports
BEIJING: The Organisation for Economic Cooperation and Development (OECD) has upped its forecast for China’s growth. However, it also says the country needs to rein in credit growth to minimise inflation and stem possible bubbles.
HONG KONG: Early snowfalls in southern China have caused economic losses estimated at US$1.03 billion, says the South China Morning Post.
BEIJING: General Electric (GE) and Aviation Industry Corp of China (AVIC) have formed a joint venture to produce avionics systems, the Wall Street Journal reports.
GUANGZHOU: As of September 2009, China had 720 million mobile phone subscribers and 360 million internet users. The number of mobile internet users rose to 192 million, up 62.7 percent over the same period last year.
BEIJING: Google's China online music service reports strong growth, says The Wall Street Journal.
BEIJING: A United States (US) senator says a US-China joint venture to build a US$1.5 billion wind farm in Texas, using Chinese turbines, should not get US Government Stimulus Act funding, Bloomberg has reported.
HONG KONG: China's manufacturing data for October showed the country's economic recovery is strengthening, giving policy makers more room to pare stimulus measures in coming months, according to Bloomberg.
MEXICO CITY: Mexico has the highest number of investment projects involving Chinese companies outside China itself, according to the Mexican Investment Digest.
BEIJING: China's economy expanded between 7 and 8 percent from January to September, according to an official with the Department of Industry at the National Development and Reform Commission (NDRC).
