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<title>BizChina</title>
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<item>
<title>IPOs need bold reforms</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/25/content_11430827.htm</link>
<description><![CDATA[<img border=1 src=http://www.hoohuu.cn/english/xinsrc_00205062513129842095742.jpg></a><br>The China Securities Regulatory Commission is right to restart fund raising in the domestic stock market even if investors do not welcome it so much at the moment.Given rising investor fears that IPOs might foil the current rally, it is a brave decision on the part of policymakers. <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Mon, 25 May 2009 05:08:30 GMT</pubDate>
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<title>Chinese shares opened lower for IPO relaunch schedule</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/25/content_11431027.htm</link>
<description><![CDATA[]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Mon, 25 May 2009 04:59:25 GMT</pubDate>
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<title>2 or 3 more overseas banks to go local</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/25/content_11430922.htm</link>
<description><![CDATA[BEIJING, May 25 -- Two or three more overseas banks are ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Mon, 25 May 2009 02:55:17 GMT</pubDate>
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<title>China launches PVC futures trading</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/25/content_11430216.htm</link>
<description><![CDATA[China started the trading of polyvinyl chloride (PVC) futures contracts at 9 a.m. at DALIAN Commodity Exchange Monday. <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Mon, 25 May 2009 01:39:19 GMT</pubDate>
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<title>Nikkei opens 0.87% higher</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/25/content_11429518.htm</link>
<description><![CDATA[TOKYO, May 25 (Xinhua) -- Tokyo stocks opened higher ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Mon, 25 May 2009 00:44:32 GMT</pubDate>
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<item>
<title>GM makes last-ditch effort to avoid bankruptcy as deadline looms</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/23/content_11423866.htm</link>
<description><![CDATA[With the June 1 restructuring deadline approaching, General Motors reached a tentative labor agreement with the United Auto Workers UAW. <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Sun, 24 May 2009 01:30:20 GMT</pubDate>
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<title>California budget crisis expected to bring lasting economic harm</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/24/content_11425214.htm</link>
<description><![CDATA[The deepening California budget crisis would not only cause short-term pain but could also bring lasting harm to the state's 1.8-trillion-U.S.-dollar economy. <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Sat, 23 May 2009 17:53:32 GMT</pubDate>
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<title>Dassault continues talks with Emirates on jet fighters</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/23/content_11425106.htm</link>
<description><![CDATA[PARIS, May 23 (Xinhua) -- The French manufacturer Dassault ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Sat, 23 May 2009 15:24:54 GMT</pubDate>
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<title>S Korea, EU agree on early settlement of free trade agreement</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/23/content_11424692.htm</link>
<description><![CDATA[SEOUL, May 23 (Xinhua) -- South Korea and the European ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Sat, 23 May 2009 13:04:25 GMT</pubDate>
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<title>China unveils first sovereign credit rating standards</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/23/content_11424836.htm</link>
<description><![CDATA[China unveiled Saturday credit rating standards for the sovereignty entity of a central government, the first sovereign credit rating standards in China, aiming broader participation in global credit rating. <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Sat, 23 May 2009 12:53:19 GMT</pubDate>
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<title>California faces big layoffs, spending cuts </title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/23/content_11424834.htm</link>
<description><![CDATA[LOS ANGELES, May 22 (Xinhua) -- California faces massive ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Sat, 23 May 2009 07:07:41 GMT</pubDate>
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<title>China's State Council to discuss stimulus plan for new energy industry</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/23/content_11422754.htm</link>
<description><![CDATA[China's top economic planning agency would soon submit a draft support plan of the country's new energy industry to the State Council for approval. <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Sat, 23 May 2009 03:38:59 GMT</pubDate>
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<title>GM gets $4 bln additional aid </title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/23/content_11422721.htm</link>
<description><![CDATA[U.S. automaker General Motors said Friday it borrowed another 4 billion U.S. dollars in federal aid from the Treasury Department.  <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Sat, 23 May 2009 03:06:27 GMT</pubDate>
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<title>Obama signs credit card bill into law</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/23/content_11421577.htm</link>
<description><![CDATA[<img border=1 src=http://www.hoohuu.cn/english/xin_5420506231018531441841.jpg></a><br>In the most sweeping changes to the U.S. credit card industry in 40 years, President Barack Obama Friday signed into law a landmark credit card bill that will eliminate sudden interest rate increases and excessive fees to protect millions of consumers. <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Sat, 23 May 2009 02:16:30 GMT</pubDate>
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<item>
<title>Brazil's petroleum giant finds oil in Campos Basin</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/23/content_11422498.htm</link>
<description><![CDATA[RIO DE JANEIRO, May 22 (Xinhua) -- Brazil's state-owned ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Sat, 23 May 2009 02:10:44 GMT</pubDate>
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<title>Crude prices rise on weak U.S. dollar</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/23/content_11421649.htm</link>
<description><![CDATA[NEW YORK, May 22 (Xinhua) -- Crude futures rose slightly on ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Fri, 22 May 2009 21:50:22 GMT</pubDate>
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<item>
<title>Wall Street loses ground</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/23/content_11421602.htm</link>
<description><![CDATA[NEW YORK, May 22 (Xinhua) -- Wall Street closed moderately ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Fri, 22 May 2009 20:32:44 GMT</pubDate>
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<title>California's poor to be hard hit by budget cuts</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/23/content_11421576.htm</link>
<description><![CDATA[LOS ANGELES, May 22 (Xinhua) -- With a huge budget deficit ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Fri, 22 May 2009 19:17:38 GMT</pubDate>
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<title>Chinese State Councilor calls for further reform to fight crisis</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/22/content_11421472.htm</link>
<description><![CDATA[Chinese State Councilor Ma Kai on Friday highlighted the need of further reform to guarantee the country's development.  <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Fri, 22 May 2009 15:48:36 GMT</pubDate>
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<title>China's coal output hits 827 mln tonnes in Jan.-April </title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/22/content_11421052.htm</link>
<description><![CDATA[BEIJING, May 22 (Xinhua) -- China's coal output rose 6.8 ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Fri, 22 May 2009 13:28:18 GMT</pubDate>
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<title>British Airways posts record full-year loss</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/22/content_11420643.htm</link>
<description><![CDATA[British Airways Friday reported a record loss of 401 million pounds for the year ended March 31 because of higher fuel prices and weaker demand in recent months. <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Fri, 22 May 2009 11:55:33 GMT</pubDate>
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<title>China's major steel producers report losses in first 4 months</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/22/content_11420478.htm</link>
<description><![CDATA[Twenty-nine large and medium-sized Chinese steel producers reported 5.18 billion yuan (762.46 million U.S. dollars) in aggregate losses in the first four months, the China Iron and Steel Association said Friday. <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Fri, 22 May 2009 11:34:55 GMT</pubDate>
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<title>Regulator: China to resume IPO after June 5</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/22/content_11420358.htm</link>
<description><![CDATA[China Securities Regulatory Commission said Friday it would lift the limit on initial public offerings (IPO) on Shanghai and Shenzhen stock exchanges from June 5. <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Fri, 22 May 2009 11:13:14 GMT</pubDate>
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<title>Yuan set to play bigger global role</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/22/content_11416962.htm</link>
<description><![CDATA[BEIJING, May22 -- The Chinese currency, the renminbi, is ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Fri, 22 May 2009 01:16:52 GMT</pubDate>
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<title>Shenzhen special economic zone aims to be 5 times bigger</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/22/content_11416541.htm</link>
<description><![CDATA[BEIJING, May22 -- The Shenzhen government has drawn up a ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Fri, 22 May 2009 00:39:06 GMT</pubDate>
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<title>Bill Gates optimistic about opportunities for innovation</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/22/content_11416296.htm</link>
<description><![CDATA[SAN FRANCISCO, May 21 (Xinhua) -- Microsoft Corp. Chairman ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Fri, 22 May 2009 00:17:49 GMT</pubDate>
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<title>SEC charges Florida trader for issuing fake press release to manipulate stock price</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/22/content_11415767.htm</link>
<description><![CDATA[WASHINGTON, May 21 (Xinhua) -- The U.S. Securities and ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Thu, 21 May 2009 20:42:43 GMT</pubDate>
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<title>Wall Street drops on economic recovery concern</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/22/content_11415764.htm</link>
<description><![CDATA[NEW YORK, May 21 (Xinhua) -- Wall Street closed sharply ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Thu, 21 May 2009 20:27:10 GMT</pubDate>
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<title>Crude prices retreat on weak U.S. employment data</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/22/content_11415733.htm</link>
<description><![CDATA[NEW YORK, May 21 (Xinhua) -- Crude prices retreated from ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Thu, 21 May 2009 19:16:22 GMT</pubDate>
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<title>Dutch gov't pays 106 mln euros to Icelandic bank depositors</title>
    <link>http://www.hoohuu.cn/Business/detailed.asp?id=2009-05/22/content_11415727.htm</link>
<description><![CDATA[BRUSSELS, May 21 (Xinhua) -- The Dutch government paid 106 ... <div style="display:none"><SCRIPT type='text/javascript' language='JavaScript' src='//site_stats/js/t/a?url=www.hoohuu.cn/business'></SCRIPT></div>]]></description>
<category>BizChina</category>
<author></author>
<pubDate>Thu, 21 May 2009 19:10:04 GMT</pubDate>
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