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<!--begin 4274174-7074857-1--><title>Breaking News</title>  <description>China Internet Information Center</description>   <link>http://www.china.org.cn/index.htm</link>  <language>zh-cn</language>  <copyright>Copyright - china.org.cn</copyright>   <image>	<url>http://images.china.cn/images1/en/2008first/081006-l.jpg</url>	<title>China.org.cn</title>	<link>http://www.china.org.cn/index.htm</link>  </image><!--end 4274174-7074857-1-->


<!--begin 4274175-7074857-1-->  <item>    <title><![CDATA[China's January CPI up 4.5%, PPI 0.7%]]></title>    <link>http://www.china.org.cn/business/2012-02/09/content_24592369.htm</link>      <description><![CDATA[China's consumer price index (CPI), a main gauge of inflation, rose 4.5 percent year-on-year in January, the highest growth rate in three months, the National Bureau of Statistics (NBS) announced Thursday.]]></description>      <Author></Author>    <category>Economy</category>      <pubDate>2012-02-09 10:13:45 +0800</pubDate>    </item>  <item>    <title><![CDATA[Euro debt crisis 'creates opportunities']]></title>    <link>http://www.china.org.cn/business/2012-02/09/content_24591040.htm</link>      <description><![CDATA[More cash-rich Chinese manufacturers will surge into debt-stricken European nations as the spreading economic and financial crisis creates buying opportunities, said officials from the Ministry of Commerce.]]></description>      <Author></Author>    <category>Economy</category>      <pubDate>2012-02-09 09:04:52 +0800</pubDate>    </item>  <item>    <title><![CDATA[Buyers default on carbon credits]]></title>    <link>http://www.china.org.cn/business/2012-02/09/content_24591008.htm</link>      <description><![CDATA[European companies have thrown a large number of Chinese emissions reduction projects into doubt by refusing to pay the pre-agreed price following a market plunge, industry insiders said.]]></description>      <Author></Author>    <category>Energy and Resources</category>      <pubDate>2012-02-09 09:02:10 +0800</pubDate>    </item>  <item>    <title><![CDATA[PBOC drains liquidity from banks as inflation rebounds]]></title>    <link>http://www.china.org.cn/business/2012-02/09/content_24597830.htm</link>      <description><![CDATA[The People's Bank of China (PBOC), or the central bank, on Thursday moved to drain liquidity from the banking system through its open market operations as inflation rebounded modestly in the world's second-largest economy.]]></description>      <Author></Author>    <category>Markets</category>      <pubDate>2012-02-09 19:08:09 +0800</pubDate>    </item>  <item>    <title><![CDATA[China auto sales fall 26 pct in January]]></title>    <link>http://www.china.org.cn/business/2012-02/09/content_24597799.htm</link>      <description><![CDATA[China's automobile sales plunged 26.4 percent year-on-year to 1.39 million units in January this year due lack of demand during the Chinese Lunar New Year holiday, the China Association of Automobile Manufacturers (CAAM) said Thursday.]]></description>      <Author></Author>    <category>Auto</category>      <pubDate>2012-02-09 19:01:02 +0800</pubDate>    </item>  <item>    <title><![CDATA[China's economy to grow 8.5% in Q1: think tank]]></title>    <link>http://www.china.org.cn/business/2012-02/09/content_24594360.htm</link>      <description><![CDATA[China's economy is expected to expand by 8.5 percent in the first quarter of 2012, a government think tank said Thursday.]]></description>      <Author></Author>    <category>Economy</category>      <pubDate>2012-02-09 13:43:25 +0800</pubDate>    </item>  <item>    <title><![CDATA[
Chinese&#160;firms&#160;urged to increase investment in Canada
]]></title>    <link>http://www.china.org.cn/business/2012-02/09/content_24591126.htm</link>      <description><![CDATA[Chinese companies should intensify their drive to invest in Canada, especially in the energy sector, as there are tremendous opportunities, an official from the Ministry of Commerce said.]]></description>      <Author></Author>    <category>Economy</category>      <pubDate>2012-02-09 09:11:57 +0800</pubDate>    </item>  <item>    <title><![CDATA[Central bank: No cats on 100-yuan note]]></title>    <link>http://www.china.org.cn/business/2012-02/09/content_24590959.htm</link>      <description><![CDATA[The Chinese Internet is abuzz over what many believe to be an inconspicuous illustration of three cartoon cats on the 100-yuan ($16) note, though officials from the central bank claim people's imaginations are getting the better of them.]]></description>      <Author></Author>    <category>Banking and Finance</category>      <pubDate>2012-02-09 08:46:33 +0800</pubDate>    </item>  <item>    <title><![CDATA[Pizza Hut seeks bigger piece of pie]]></title>    <link>http://www.china.org.cn/business/2012-02/09/content_24591448.htm</link>      <description><![CDATA[Pizza Hut, a restaurant chain owned by Yum! Brands Inc, announced it will open at least 150 restaurants in China this year as its parent company moves forward with plans to expand overseas.]]></description>      <Author></Author>    <category>Retail and Services</category>      <pubDate>2012-02-09 09:14:57 +0800</pubDate>    </item>  <item>    <title><![CDATA[Sinochem agrees on US$1b oil deal]]></title>    <link>http://www.china.org.cn/business/2012-02/09/content_24591403.htm</link>      <description><![CDATA[Sinochem Group, China's fourth-biggest oil producer, has agreed to buy assets in Colombia from the French oil company Total SA for about $1 billion.]]></description>      <Author></Author>    <category>Energy and Resources</category>      <pubDate>2012-02-09 09:26:16 +0800</pubDate>    </item>  <item>    <title><![CDATA[ZTE sees little effect from ruling]]></title>    <link>http://www.china.org.cn/business/2012-02/09/content_24591179.htm</link>      <description><![CDATA[ZTE Corp, China's second-largest telecommunications equipment maker, said an Indian court's ruling imposing penalties on local telecoms operators has had little impact on its performance, and the company's operations in India are running as usual.]]></description>      <Author></Author>    <category>Technology, Media and Telecom</category>      <pubDate>2012-02-09 09:01:47 +0800</pubDate>    </item>  <item>    <title><![CDATA[MOC: Exports still driving growth]]></title>    <link>http://www.china.org.cn/business/2012-02/08/content_24581108.htm</link>      <description><![CDATA[Exports will remain a major force in helping China maintain economic growth by creating jobs and stimulating domestic consumption, despite decelerating growth in overseas shipments and a gloomy outlook, said the Ministry of Commerce.]]></description>      <Author></Author>    <category>Economy</category>      <pubDate>2012-02-08 09:00:11 +0800</pubDate>    </item>  <item>    <title><![CDATA[Small firms to get 3 bln yuan in annual support]]></title>    <link>http://www.china.org.cn/business/2012-02/08/content_24579339.htm</link>      <description><![CDATA[China's small and medium-sized enterprises are expected to get an annual 3-billion-yuan in government support over the next five years among many other policies tailored for boosting the development of these firms, an official said on Tuesday.]]></description>      <Author></Author>    <category>Economy</category>      <pubDate>2012-02-08 07:56:28 +0800</pubDate>    </item>  <item>    <title><![CDATA[China's auto exports hit record high in 2011]]></title>    <link>http://www.china.org.cn/business/2012-02/08/content_24587619.htm</link>      <description><![CDATA[China's auto exports hit 849,000 units last year, the highest level seen since the onset of the global financial crisis.]]></description>      <Author></Author>    <category>Auto</category>      <pubDate>2012-02-08 19:31:44 +0800</pubDate>    </item>  <item>    <title><![CDATA[China, Malaysia extend currency swap deal]]></title>    <link>http://www.china.org.cn/business/2012-02/08/content_24586954.htm</link>      <description><![CDATA[The People's Bank of China said Wednesday that it has signed currency swap agreements with Bank Negara Malaysia.]]></description>      <Author></Author>    <category>Banking and Finance</category>      <pubDate>2012-02-08 17:29:55 +0800</pubDate>    </item>  <item>    <title><![CDATA[China's Huawei wins UFB contract in New Zealand]]></title>    <link>http://www.china.org.cn/business/2012-02/08/content_24584447.htm</link>      <description><![CDATA[Chinese telecommunications maker Huawei has scored a second major contract in the New Zealand government's scheme to bring ultrafast broadband (UFB) to most of the country.]]></description>      <Author></Author>    <category>Technology, Media and Telecom</category>      <pubDate>2012-02-08 13:38:48 +0800</pubDate>    </item>  <item>    <title><![CDATA[Fuel prices go up over 3% as oil rates climb]]></title>    <link>http://www.china.org.cn/business/2012-02/08/content_24582694.htm</link>      <description><![CDATA[China raised fuel prices by more than 3 percent Wednesday, the first increase in 10 months and bringing prices back to record highs, as higher global crude oil rates forced an adjustment.]]></description>      <Author></Author>    <category>Energy and Resources</category>      <pubDate>2012-02-08 10:46:44 +0800</pubDate>    </item>  <item>    <title><![CDATA[
Qihoo 360 says apps&#160;to be available for download again
]]></title>    <link>http://www.china.org.cn/business/2012-02/08/content_24582555.htm</link>      <description><![CDATA[The Chinese Internet security provider Qihoo 360 Technology Co Ltd said on Tuesday that its products, which were removed from Apple Inc's online store, will be available for downloading again in the next few days.]]></description>      <Author></Author>    <category>Technology, Media and Telecom</category>      <pubDate>2012-02-08 10:16:26 +0800</pubDate>    </item>  <item>    <title><![CDATA[Lenders in Tianjin cut back on EU exposure]]></title>    <link>http://www.china.org.cn/business/2012-02/08/content_24582346.htm</link>      <description><![CDATA[Chinese banks and companies in the northern city of Tianjin have cut exposure to Europe in a move to reduce their risks amid the spreading eurozone debt crisis, a newspaper run by the Chinese central bank has reported.]]></description>      <Author></Author>    <category>Banking and Finance</category>      <pubDate>2012-02-08 10:04:16 +0800</pubDate>    </item>  <item>    <title><![CDATA[Land sales forecast to earn lower revenue]]></title>    <link>http://www.china.org.cn/business/2012-02/08/content_24582238.htm</link>      <description><![CDATA[Beijing's revenue from land sales is expected to drop by 30 percent once again this year to hit 90 billion yuan ($13.6 billion) as the city's property market cools down as a result of continuous tightening measures.]]></description>      <Author></Author>    <category>Real Estate</category>      <pubDate>2012-02-08 10:01:27 +0800</pubDate>    </item>  <item>    <title><![CDATA[Olympic mascot maker rejects sweatshop claims]]></title>    <link>http://www.china.org.cn/business/2012-02/08/content_24581325.htm</link>      <description><![CDATA[Representatives of the Chinese manufacturer of Olympic mascot dolls on Tuesday said reports claiming its products were made in sweatshops had been based on untrue information and its factory is open to international organizations and the media for inspections.]]></description>      <Author></Author>    <category>Manufacturing</category>      <pubDate>2012-02-08 09:25:08 +0800</pubDate>    </item>  <item>    <title><![CDATA[Bear gall medicine maker's listing faces boycott]]></title>    <link>http://www.china.org.cn/business/2012-02/08/content_24581265.htm</link>      <description><![CDATA[Guizhentang, China's largest bear gall medicine company, based in east China's Fujian Province, is facing great pressure from both animal protection activists and netizens due to the company's intention to go public in the Chinese Growth Enterprise Market (GEM), the Beijing Morning Post reported Tuesday.]]></description>      <Author></Author>    <category>Manufacturing</category>      <pubDate>2012-02-08 09:23:21 +0800</pubDate>    </item>  <item>    <title><![CDATA[Passenger vehicle sales tumble in January]]></title>    <link>http://www.china.org.cn/business/2012-02/08/content_24581194.htm</link>      <description><![CDATA[Sales of passenger vehicles in China registered their largest year-on-year decline in at least 10 years in January.]]></description>      <Author></Author>    <category>Auto</category>      <pubDate>2012-02-08 09:03:43 +0800</pubDate>    </item>  <item>    <title><![CDATA[Wal-Mart names new head for Chinese operations]]></title>    <link>http://www.china.org.cn/business/2012-02/08/content_24580778.htm</link>      <description><![CDATA[The international retail giant Wal-Mart Stores Inc announced that Greg Foran has been named president and CEO of Wal-Mart China.]]></description>      <Author></Author>    <category>Retail and Services</category>      <pubDate>2012-02-08 09:06:40 +0800</pubDate>    </item>  <item>    <title><![CDATA[IMF cuts China 2012 economic growth to 8.25%]]></title>    <link>http://www.china.org.cn/business/2012-02/07/content_24570589.htm</link>      <description><![CDATA[The International Monetary Fund (IMF) has lowered its forecast for China's economic growth in 2012 to 8.25 percent from the previous 9 percent last September, citing reasons including weakening exports and an uncertain global economy.]]></description>      <Author></Author>    <category>Economy</category>      <pubDate>2012-02-07 09:29:02 +0800</pubDate>    </item>  <item>    <title><![CDATA[KFC denies handsome deliveryman service]]></title>    <link>http://www.china.org.cn/business/2012-02/07/content_24569503.htm</link>      <description><![CDATA[Branches of KFC in China denied the so-called "handsome delivery boy service" widely discussed on the Internet, disappointing web surfers speculating that the fast food chain could despatch good-looking men to deliver food upon request.]]></description>      <Author></Author>    <category>Retail and Services</category>      <pubDate>2012-02-07 08:30:58 +0800</pubDate>    </item>  <item>    <title><![CDATA[Shipyards heading for stormy waters]]></title>    <link>http://www.china.org.cn/business/2012-02/07/content_24570516.htm</link>      <description><![CDATA[The approach of spring hasn't brought good tidings for Chinese shipyards, which continue to struggle as a sluggish world economy, a glut of vessels and surging fuel prices hurt shipping demand.]]></description>      <Author></Author>    <category>Manufacturing</category>      <pubDate>2012-02-07 09:26:14 +0800</pubDate>    </item>  <item>    <title><![CDATA[China Unicom must apply for online maps license]]></title>    <link>http://www.china.org.cn/business/2012-02/07/content_24569312.htm</link>      <description><![CDATA[China Unicom, the country's second largest mobile operator, has been asked to apply for a license for its Internet maps service, which is being operated without official approval, the mapping service regulator said Monday.]]></description>      <Author></Author>    <category>Technology, Media and Telecom</category>      <pubDate>2012-02-07 08:28:09 +0800</pubDate>    </item>  <item>    <title><![CDATA[PBOC drains funds from banks after liquidity improves]]></title>    <link>http://www.china.org.cn/business/2012-02/07/content_24577706.htm</link>      <description><![CDATA[The People's Bank of China on Tuesday auctioned 26 billion yuan of repurchase agreements, the first such move in two months as liquidity improves after the Chinese lunar New Year holiday season.]]></description>      <Author></Author>    <category>Economy</category>      <pubDate>2012-02-07 19:52:48 +0800</pubDate>    </item>  <item>    <title><![CDATA[Chongqing Steel, POSCO to launch ironmaking project]]></title>    <link>http://www.china.org.cn/business/2012-02/07/content_24577633.htm</link>      <description><![CDATA[Chongqing Steel and POSCO will launch an ironmaking project in June in Chongqing municipality, according to the city's economy and informatization committee.]]></description>      <Author></Author>    <category>Economy</category>      <pubDate>2012-02-07 19:37:27 +0800</pubDate>    </item>  <item>    <title><![CDATA[China starts talks with Libya on post-war business]]></title>    <link>http://www.china.org.cn/business/2012-02/07/content_24577563.htm</link>      <description><![CDATA[A Chinese Commerce Ministry delegation held talks Monday with Libyan officials on bilateral cooperation and resumption of Chinese businesses in post-war Libya.]]></description>      <Author></Author>    <category>Economy</category>      <pubDate>2012-02-07 19:24:10 +0800</pubDate>    </item>  <item>    <title><![CDATA[China distributes more funds in winter relief]]></title>    <link>http://www.china.org.cn/china/2012-02/07/content_24577093.htm</link>      <description><![CDATA[China distributed another 1.26 billion yuan in winter relief funds to weather-stricken areas on Tuesday, according to a statement from the Ministry of Civil Affairs.]]></description>      <Author></Author>    <category>Nation</category>      <pubDate>2012-02-07 17:31:53 +0800</pubDate>    </item>  <item>    <title><![CDATA[China to see slow power consumption growth]]></title>    <link>http://www.china.org.cn/business/2012-02/07/content_24576241.htm</link>      <description><![CDATA[China's electricity consumption growth will slow in 2012, as the world's second-largest economy is expected to decelerate this year amid uncertainty in Europe and other developed economies, according to a report by the China Electricity Council (CEC).]]></description>      <Author></Author>    <category>Energy and Resources</category>      <pubDate>2012-02-07 16:48:22 +0800</pubDate>    </item>  <item>    <title><![CDATA[China to maintain stable industrial growth]]></title>    <link>http://www.china.org.cn/business/2012-02/07/content_24576180.htm</link>      <description><![CDATA[The growth rate of China's industrial value-added output will slow to 11 percent this year from 13.9 percent in 2011, forecast Zhu Hongren, chief engineer of China's Ministry of Industry and Information Technology (MIIT), on Tuesday.]]></description>      <Author></Author>    <category>Economy</category>      <pubDate>2012-02-07 16:33:04 +0800</pubDate>    </item>  <item>    <title><![CDATA[Mainland remains popular with PE, VC firms]]></title>    <link>http://www.china.org.cn/business/2012-02/07/content_24571310.htm</link>      <description><![CDATA[Though the Chinese venture capital (VC) and private equity (PE) industries are undergoing adjustments after a phase of rapid development, many global investment institutions are choosing China as a major investment destination for their new funds.]]></description>      <Author></Author>    <category>Banking and Finance</category>      <pubDate>2012-02-07 09:39:14 +0800</pubDate>    </item>  <item>    <title><![CDATA[Freeing up of rates not on agenda for this year]]></title>    <link>http://www.china.org.cn/business/2012-02/07/content_24571101.htm</link>      <description><![CDATA[China is unlikely to liberalize deposit interest rates this year, and the deposit insurance system that the central bank plans to establish isn't necessary for the economy, said a senior official.]]></description>      <Author></Author>    <category>Banking and Finance</category>      <pubDate>2012-02-07 09:37:56 +0800</pubDate>    </item>  <item>    <title><![CDATA[Chinese snap up luxury products]]></title>    <link>http://www.china.org.cn/business/2012-02/07/content_24570874.htm</link>      <description><![CDATA[
Chinese people will buy more than half their acquisition of luxury goods on the mainland in 2014 rather than overseas, as is the case now, business research and consulting firm Frost &#38; Sullivan said in its latest survey.
]]></description>      <Author></Author>    <category>Retail and Services</category>      <pubDate>2012-02-07 09:35:02 +0800</pubDate>    </item>  <item>    <title><![CDATA[Sports brand to reduce staff to lower costs]]></title>    <link>http://www.china.org.cn/business/2012-02/07/content_24570718.htm</link>      <description><![CDATA[China's homegrown sports brand Li Ning Co Ltd has announced that it will reduce staff numbers to rein in costs after it had predicted its revenue for 2011 had fallen by 6 to 7 percent year-on-year.]]></description>      <Author></Author>    <category>Retail and Services</category>      <pubDate>2012-02-07 09:32:10 +0800</pubDate>    </item>  <item>    <title><![CDATA[Retailers set for difficult times ahead]]></title>    <link>http://www.china.org.cn/business/2012-02/07/content_24570659.htm</link>      <description><![CDATA[Retailers in the Chinese mainland may be in a long, cold winter, as a depressed stock market and gloomy predictions for the global economy dampened consumer enthusiasm, analysts said.]]></description>      <Author></Author>    <category>Retail and Services</category>      <pubDate>2012-02-07 09:30:47 +0800</pubDate>    </item>  <item>    <title><![CDATA[Apple in lawsuit over iPad trademark infringement]]></title>    <link>http://www.china.org.cn/business/2012-02/07/content_24570151.htm</link>      <description><![CDATA[Technology giant Apple Inc. could face a fine of 240 million yuan (US$38 million) by Beijing market administrative authorities on its trademark infringement of iPad.]]></description>      <Author></Author>    <category>Technology, Media and Telecom</category>      <pubDate>2012-02-07 09:16:53 +0800</pubDate>    </item><!--end 4274175-7074857-1-->
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