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Company of the Week

Monday, Dec 12

Goldman Sachs said that China will consume about 29% of the world's total luxury goods in 2015.

China's GDP is likely to grow 9.4% this year and about 9 % in 2006, a Chinese think tank said.

Tuesday, Dec 13

Oil prices jumped by nearly 2 usd/barrel Monday on the deepening cold weather in the US.

Chinese top banker Zhou Xiaochuan does not see more pressure on the yuan to rise in 2006.

Friday, Dec 16

China will cancel export tariffs it imposed on outbound textile products as of next year.

Wednesday, Dec 14

China is likely to declare itself the world's fourth largest economy next week.

China will further cut import tariffs on more than 100 categories of products.

Saturday, Dec 17

ICBC launched the nation's first chip bank cards that are compliant with the EMV standard.

Thursday, Dec 15

Citigroup Inc. has put in the highest bid for China's Guangdong Development Bank.

Kazakhstan is due to open the valves Thursday on a major pipeline carrying oil to China.

Sunday, Dec 18

China Mobile is near a $5.3 billion pact to acquire Millicom of Luxembourg.

The WB endorsed a wide-ranging plan to develop poorer parts of China between now and 2010.

China's latest fuel price rises take them closer to international market standards.

• Motorola Sees Market Share, Margin Gains Through 2007

• MasterCard Prices IPO at $39 Per Share

• Kingfisher Extends Profits Slump

• Oil Prices Slump Below $70

• Stocks Close Higher as Commodity Prices Plunge

• Asian Market Roundup

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Company of the Week

			Producer: Han Wei Pagemaker: Li Meng Designer: Avida