Global news and information company Reuters Group  opened a development center in China for key products such as its 3000Xtra desktop terminal and said it expected to triple the operation's staff to 600 in three years.

Hong Kong-listed recruitment advertising group, Recruit Holdings Ltd, is going to cooperate with Netease, one of the three most popular portals in China, to launch the first job-seeking portal,1010job.com in October. The new portal is considered to be well positioned to transform the existing recruitment advertising market in China.

Cumulative foreign investments as of August 2006 are down by 2.11 percent year-on-year to 37.192 billion US dollars, and fewer by 7.63 percent in terms of number of foreign-invested establishments. Monthly investments are on the decline for four consecutive months. August investments at 4.486 billion US dollars are lower by 8.49 percent compared to same month last year.  What do the numbers imply?

Road King Infrastructure, a toll operator, said it has 1.2 billion yuan (150 million US dollars) worth of options to acquire stakes in development projects totaling up to seven million square meters of gross floor area from its partner, Sunco China, a property developer in the Mainland, The Standard reported.

China’s rare metals sector needs to establish a standardized production and pricing system in order to readjust export structure and increase competitiveness, Economic Information Daily reported. 

Recent acquisitions and mergers in the real estate sector reflect the market transformation of resources, Sohu News reported.

The China Securities Journal proposed a more skilful use of interest rate is necessary to rein in growth, Forbes reports Tuesday. Since macro-control exercise limited effects, interest rate hikes is the only practical option.

A report released Monday on new loans and money supply in China show signs of a slight slowdown in growth, though overall economic growth is forecast to remain at about 10%, writes Associated Press.

Research in Motion (RIM), a Canadian-based wirless solutions provider known best for its BlackBerry products and services, has announced that it will work with China Mobile bringing BlackBerry to the Mainland.  

Roughly 98% of ReNu sold in China is manufactured locally. While Bausch & Lomb and the SDA are watching the Singapore case carefully, ReNu remains on shelves in China.