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

  • Coolest concepts of 2009 7 Jan 2010 17:46 GMT
    ... Published on Wednesday, Jan. 06, 2010 3:51PM EST ... art again.” Not long afterwards, Chrysler went bankrupt, emerged from bankruptcy protection and in the ... design having replaced Mattin, and Geely, the Chinese car maker, about to replace Ford as owner, ...

  • Making a success of failure 7 Jan 2010 17:44 GMT
    ... America's enlightened treatment of bankrupt firms remains a model to the world ... entrepreneurs to start new businesses. In 2007 China adopted a new bankruptcy law—its first since 1949 ...

  • Whitacre expects GM to be profitable this year; some franchies restored 7 Jan 2010 17:44 GMT
    ... A full-year profit for GM, which left bankruptcy protection in July, would be the company's ... replaced Ray Young, who transferred to GM's China operations. At Microsoft, Liddell developed a reputation ... expects the sale of Hummer to a Chinese heavy equipment maker to close on Jan. 31. ...

  • Schumpeter: Making a success of failure 7 Jan 2010 17:33 GMT
    ... America's enlightened treatment of bankrupt firms remains a model to the world ... entrepreneurs to start new businesses. In 2007 China adopted a new bankruptcy law—its first since 1949 ...

  • Schumpeter column: Making a success of failure 7 Jan 2010 16:43 GMT
    ... America's enlightened treatment of bankrupt firms remains a model to the world ... entrepreneurs to start new businesses. In 2007 China adopted a new bankruptcy law—its first since 1949 ...

  • Kiwi Liddell to be considered for General Motors CEO position, says chairman 7 Jan 2010 16:40 GMT
    ... traditionally insular GM since the company left bankruptcy protection in July. He replaced Ray Young, ... replaced Ray Young, who transferred to GM's China operations. At Microsoft, Mr Liddell developed a reputation ...

  • Gold Slips as France Slams "Monetary Disorder" 7 Jan 2010 16:25 GMT
    ... today, in contrast, the People's Bank of China surprised bond investors by raising the yield ... new 16-month highs, however, while stocks in Shanghai & Shenzen fell 1.9% on Thursday. Chinese copper futures lost 5%, pulling London prices ...

  • Outlook for a Thrill-Ride Thursday: Retail Sales and Maybe Jobs 7 Jan 2010 16:21 GMT
    ... state deficits and that we can’t afford. China says they can’t afford runaway inflation and ... state-run Xinhua News Agency late last month, Chinese Premier Wen Jiabao discussed growing inflation expectations ... about fast-rising property prices. That sent the Shanghai Composite down another 2% this morning and ...

  • GM confirms Kiwi in running to head car firm 7 Jan 2010 16:19 GMT
    ... traditionally insular GM since the company left bankruptcy protection in July. He replaced Ray Young, ... replaced Ray Young, who transferred to GM's China operations. At Microsoft, Liddell developed a reputation for ...

  • U.S. Economy 2010 From Scandalous Past to Uncertain Future 7 Jan 2010 16:17 GMT
    ... President (1801-09) "America is more communist than China is right now. You can see that this ... of people who lost their jobs through bankruptcies and the millions of retirees who saw ...

  • * China closes dairy that reused tainted condensed milk 7 Jan 2010 16:15 GMT
    ... China closes dairy that reused tainted condensed milk ... allowed to reopen AP AND AFP , BEIJING AND SHANGHAI Chinese authorities kept food safety concerns about a ...

  • General Motors expects 2010 profit 7 Jan 2010 16:07 GMT
    ... A full-year profit for GM, which left bankruptcy protection in July, would be the company's ... replaced Ray Young, who transferred to GM's China operations. At Microsoft, Liddell developed a reputation ... expects the sale of Hummer to a Chinese heavy equipment maker to close on January 31. ...

  • Last-minute deal to save Saab unlikely 7 Jan 2010 16:04 GMT
    ... sell its Swedish brand Volvo Cars to Chinese car maker Geely. Ford said the Geely deal ... year when the largest US automaker went bankrupt. Whitacre said the sale of the hulking Hummer brand to China's heavy machinery equipment maker Tengzhong is "proceeding ...

  • GM Boss Sees Profitable 2010 For Automaker 7 Jan 2010 16:01 GMT
    ... A full-year profit for GM, which left bankruptcy protection in July, would be the company's ... replaced Ray Young, who transferred to GM's China operations. At Microsoft, Liddell developed a reputation ... expects the sale of Hummer to a Chinese heavy equipment maker to close on Jan. 31. ...

  • GM chief expects 2010 profit for leaner automaker 7 Jan 2010 16:01 GMT
    ... A full-year profit for GM, which left bankruptcy protection in July, would be the company's ... replaced Ray Young, who transferred to GM's China operations. At Microsoft, Liddell developed a reputation ... expects the sale of Hummer to a Chinese heavy equipment maker to close on Jan. 31. ...


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"For Africa to further take off, it is very important to build up the infrastructure so that African countries can conduct intra-regional trade on a massive scale."
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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8279
EUR 1 = CNY 9.8230

Hong Kong Dollar:
USD 1 = HKD 7.7556
EUR 1 = HKD 11.1576

Macau Pataca:
USD 1 = MOP 7.9883
EUR 1 = MOP 11.4924

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EUR 1 = TWD 45.8498

USD 1 = EUR 0.6951
EUR 1 = USD 1.4386

Closing Stocks:
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Shenzhen A: 1,238.94(-1.93%)
Hang Seng: 22,264.82(-0.68%)
Taiwan Taiex: 8,237.42(-1.08%)

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