HOME THURSDAY FEBRUARY 3, 2005





BUSINESS
AMONG disputes over pay, the precarious situation of migrant workers is usually prominent. But now, foreign employees are adding themselves to the group complaining about their pay, the Shanghai Morning Post reported.
 
Nation
  • Week in brief
    Shanghai
  • Weather
    After two freezing but sunny days, drizzle will return to the city over the following week. Temperatures should rise to highs of approximately 7 degrees centigrade, with lows of around 4 degrees.
  • Chemical injection
    GERMAN industrial giant Bayer MaterialScience AG is turning Shanghai into its biggest production site for coating materials in the Asia-Pacific region, launching a heavily-invested HDI project in the city¡¯s Caojing Chemical Industry Park.
  • Infant formula market expands
    IN an effort to double its share of the premium baby formula market, Denmark-based International Nutrition Co Ltd (INC), one of three major foreign players in the industry, will expand its investment in China.
  • Software supplier eyes China's budget hotels
    SOFTBRANDS, a supplier of enterprise application software focusing on the hospitality and manufacturing industries, introduced Medallion, a Windows-based hospitality management system, to China¡¯s market in Shanghai recently.
  • Briefs
    Flying visits
  • Luxurious mobile
    VERTU, the maker of the world¡¯s most exclusive cell phones, is turning its eye toward China¡¯s consumers with a new design and luxury features.
  • Exhibits updated to 21st century
    SHANGHAI Urban Planning Exhibition Hall (SUPEH) next to the City Hall at the People¡¯s Square has adopted a brand-new look which provides visitors with a more comprehensive image of the past, the present and the future of the city.
  • Last toll station removed
    THE government cancelled the toll station at the entrance to Yan¡¯an Xilu¡¯s elevated highway on January 31, leaving no road toll station in downtown Shanghai, the Jiefang Daily reported.
  • Foreign workers add to salary disputes
    AMONG disputes over pay, the precarious situation of migrant workers is usually prominent. But now, foreign employees are adding themselves to the group complaining about their pay, the Shanghai Morning Post reported.
  • Dinner to remember
    A 15,000 yuan (US$1,800) Valentine¡¯s Day banquet for two at Three on the Bund has been put up for auction, with a minimum bid set at 21,400 yuan (US$2,588), reported the Shanghai Morning Post.
  • Expensive customers
    IT is now the peak time for local residents to shop for the coming Spring Festival. But some customers cost retailers losses three times greater than during the rest of the year, the Shanghai-based Youth Daily reported.
  • Money troubles
    CHINA¡¯S banking watchdog has ordered the Bank of China (BOC) to step up its risk control and thoroughly investigate a fraud case, which the bank admitted involves funds worth hundreds of millions of yuan (tens of millions of US dollars).
  • `Coolwhite' trademark rejected in Beijing
    BEIJING No. 1 Intermediate People¡¯s Court upheld a decision to deny the world¡¯s leading chewing gum maker, William Wrigley Jr Co, permission to trademark its ¡°coolwhite?brand in China.
  • Grain strain
    EXPECTING another year of grain yield shortfall, China will try to fill the gap by enhancing the productivity of its farmland and increasing grain imports, an economics official said recently.
  • Numbers of the week
    200,000

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