Statistics
Weekly Data (March 27 - April 2)
(chinadaily.com.cn)
Updated: 2010-04-02 15:20
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$1.8 billion
Geely buys Volvo for $1.8 billion
Zhejiang Geely Holding Group, China's No 10 automaker, sealed a deal on March 28 to buy ailing Swedish luxury car brand Volvo from US giant Ford for $1.8 billion.
The deal is China's biggest overseas auto purchase, said analysts.
Related readings:
Geely buys Volvo in biggest overseas foray
Geely could find Volvo a tough nut to crack
Geely eyes China market to revive Volvo brand
Geely set to inject $900m into Volvo
10%
China becomes world's largest exporter
The World Trade Organization (WTO) has confirmed that China has edged out Germany to be the world's biggest exporter in 2009, accounting for 10 percent of the global export.
Related readings:
China becomes world's largest exporter
Trade winds blowing strong
Tradetension takes its toll on market
China's foreign trade up 45.2% in Feb
1,000 tons
China's gold demand to double within 10 years
Chinese demand for gold is set to double in tonnage terms within ten years, according to a report released by the World Gold Council (WGC) in Beijing on March 29.
Related readings:
Gold prices set to soar as demand outpaces supplies
China's gold demand to double within 10 years: WGC
China's gold reserve ranks fifth in the world
Gold purchases ruled out to diversify forex reserves
$60b
PetroChina plans $60b of overseas expansion
PetroChina Co plans to spend at least $60 billion in the next decade on overseas acquisitions, challenging Exxon Mobil Corp and BP Plc in the race to control oil and gas fields.
Related readings:
PetroChina plans $60b of overseas expansion
PetroChina hit by refining loss
PetroChina spends $1.4b in parent finance unit
CNPC hastens new energy development
75%
Top 10 most profitable listed firms bag 75% of overall profits
Profits of the top 10 most profitable listed companies account for almost 75% of the overall profits generated by companies listed on the Shanghai and Shenzhen bourses.
Related readings:
Top 10 profitable companies in China
China Construction Bank reports 15% net profit rise in 2009
Net profit of Sinopec more than doubles in 2009
PetroChina FY net profit declines 9.7%
