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China Accounting News. Service for global professionals. Constantly updated news and information about China.
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Latest China Accounting News

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  • UC RUSAL, World's Largest Producer of Aluminium and Alumina, Comments on the Chinese Market 14 Nov 2009 04:41 GMT
    ... of Aluminium and Alumina, Comments on the Chinese Market Moscow, Nov 13, 2009 - (ACN ... from the Chinese border, much closer to Beijing that to Moscow or London. The transportation ... and delivery timeline of Siberia-produced aluminium to China are minimal. Delivery cost from Vanino to ...

  • Accounting grows amid downturn 14 Nov 2009 04:32 GMT
    ... pictured, says change is good for the accounting profession. Accounting industry has emerged stronger despite ... has emerged stronger despite Enron, financial crisis China's growth, financial crisis will provide opportunities for growth, ... brokers of the business world meet, the accountants are never far behind. While other industries ...

  • China Rejects View PBOC Shifted on Yuan, Morgan Stanley Says 14 Nov 2009 09:39 GMT
    ... Nov. 14 (Bloomberg) -- China’s government signaled it rejects interpretations of a ... consider this article an official effort by Chinese authorities to dismiss the renewed speculation of ... which came days before President visit to Beijing, where he may raise the nation’s currency ...

  • China takes leading role in global recovery: APEC leaders 14 Nov 2009 12:55 GMT
    ... the financial crisis is in process, " China is taking a leading role," said Deb ... during the CEO Summit. She said the Chinese government has taken "early and fast" actions right ... export. Given the fact that China's economy accounting for less than 8 percent of the ...

  • Obama Says a Rising China Can Be Source of Shared Strength 14 Nov 2009 02:11 GMT
    ... States is not threatened by a rising China, said Saturday, but will seek to strengthen its ties with Beijing even as it maintains close ties with ... born in Jakarta, and later married a Chinese-Canadian. My mother spent nearly a decade working ...

  • Obama Says U.S. Seeks to Build Stronger Ties to China 14 Nov 2009 02:50 GMT
    ... States is not threatened by a rising China, said Saturday, but will seek to strengthen its ties with Beijing even as it maintains close ties with ... born in Jakarta, and later married a Chinese-Canadian. My mother spent nearly a decade working ...

  • China - Threat or Opportunity? 14 Nov 2009 04:30 GMT
    ... "David versus Goliath: Mauritius facing up to China", was speaking of how absurd it was ... an insignificant export market for his country, accounting for less than 0.25% of its exports, whereas Chinese products accounted for 11% of Mauritius' imports. "China ...

  • 3SBio Inc. Announces Unaudited Third Quarter 2009 Results 14 Nov 2009 12:15 GMT
    ... Inc. ("3SBio" or "the Company"), a leading China-based biotechnology company focused on researching, developing, manufacturing ... to RMB28.5 million (US$4.2 million) on a GAAP basis, and increased by 34.7% over the ... second largest revenue contributor in the quarter, accounting for 30.1% of total net revenues. Export ...

  • SciClone Reports Financial Results and Provides Commercial and Pipeline Updates for the Third Quarte 14 Nov 2009 09:18 GMT
    ... our continued growth, as we build our China business and advance our proprietary pipeline of product ... information required in accordance with generally accepted accounting principles (GAAP). To supplement our consolidated financial statements presented ...

  • HP to buy 3Com for '¬2.7bn 14 Nov 2009 04:37 GMT
    ... the dominant force in the strategically important Chinese networking market and increasing the intensity of its ... will use 3Com's lower cost structure in China to give Cisco a bloody nose by ... 500 enterprises in China as well as accounting for around 32% of the Ethernet switching ...

  • Telestone Technologies Corporation Reports Record Third Quarter 2009 Revenues and Earnings 14 Nov 2009 19:14 GMT
    ... communication local access network solutions based in China, today announced the Company's third quarter financial ... TV, data and all three protocols of Chinese cellular signals over a fiber optic cable ... growth. As announced in January of 2009, Beijing has allocated $41 billion as part of ...

  • Obama vows renewed ties with Asia 14 Nov 2009 03:36 GMT
    ... In China, Obama will continue efforts to define and strengthen ... will include a town hall-style meeting in Shanghai and sightseeing in Beijing, including a stop at the Great Wall. ...

  • Obama: Balanced growth in Asia 14 Nov 2009 04:32 GMT
    ... In China, Obama will continue efforts to define and strengthen ... will include a town hall-style meeting in Shanghai and sightseeing in Beijing, including a stop at the Great Wall. ...

  • •Obama vows renewed ties with Asia 14 Nov 2009 05:18 GMT
    ... In China, Obama will continue efforts to define and strengthen ... will include a town hall-style meeting in Shanghai and sightseeing in Beijing, including a stop at the Great Wall. ...

  • CNN - Obama Vows Renewed Ties With Asia 14 Nov 2009 05:31 GMT
    ... In China, Obama will continue efforts to define and strengthen ... will include a town hall-style meeting in Shanghai and sightseeing in Beijing, including a stop at the Great Wall. ...


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Take This Poll

Has the world taken advantage of the opportunities brought about by the fall of the Berlin Wall 20 years ago? (Nov. 9, 2009)



 

Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8263
EUR 1 = CNY 10.1730

Hong Kong Dollar:
USD 1 = HKD 7.7502
EUR 1 = HKD 11.5499

Macau Pataca:
USD 1 = MOP 7.9786
EUR 1 = MOP 11.8903

Taiwan Dollar:
USD 1 = TWD 32.1990
EUR 1 = TWD 47.9852

USD 1 = EUR 0.6710
EUR 1 = USD 1.4903

Closing Stocks:
Shanghai A: 3,343.23(0.42%)
Shenzhen A: 1,209.29(0.87%)
Hang Seng: 22,553.63(0.70%)
Taiwan Taiex: 7,665.63(-0.07%)

Country Info About China

Visit the World Factbook for detailed information about China.
 

This Day in History

Nov. 14

President Clinton held one-on-one meetings in Indonesia with the leaders of China, Japan and South Korea, winning pledges to keep the pressure on North Korea to freeze its nuclear weapons program.
What year was it?

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