China Economic ReviewAustralia's Northwest Shelf venture, operated by a group of companies led by Woodside Petroleum, has been awarded a contract to supply China's first liquefied natural gas terminal in Shenzhen, Guangdong province. The 25-year contract is due to start in 2005 and will involve the supply of 3m tonnes of LNG annually. Australia's Prime Minister John […]
The Chinese joint venture of French telecoms equipment maker Alcatel has won two contracts worth US$27m to expand wireless networks owned by China Mobile Communications. Alcatel Shanghai Bell will expand the global system for mobile communications (GSM) networks run by the state-owned company in the provinces of Jilin and Gansu. Meanwhile, Nortel, the Canadian-based telecoms […]
China's leading telecoms companies will cut spending by 21 per cent this year, according to a report by Norson Telecom Consulting. The Beijing-based market research group predicted that investment in telecoms equipment by China's five top fixed-line and mobile carriers would total Yn98.5bn, down from Yn125bn in 2001. The report attributed the slowdown to the […]
CCTV broadcast a programme saying that Osama bin Laden had actively sponsored separatists in Xinjiang and had run training camps for them in northern Afghanistan. It claimed that about 100 activists trained by the al-Qaeda organisation had returned to Xinjiang and had carried out terrorist attacks that had killed 162 people. The report also said […]
The city of Beijing has done away with the distinction between housing for foreigners and local people, reported South China Morning Post. From the beginning of September, foreigners can buy houses and apartments anywhere in the city, said a land and bureau property official. The capital followed other major cities, including Shanghai, in unifying the […]