The Financial Times leads it’s China business coverage with Wal-Mart’s green push into China. The world’s largest retailer is to convene a meeting in October involving around 1,000 Chinese suppliers to set out goals for significant reductions in the environmental impact of its vast supply chain. Blu Skye, an environmental consultancy, is as...

Asset and property tax likely, China Reinsurance recapitalized
Mainland home furnishing market grows

China Reinsurance (Group) Company is planning listings on both the Hong Kong and Shanghai bourses next year after a capital injection from Central Huijin Investment Co. Ltd, Forbes reported, citing China Daily.

Chinese government is expected to inject up to 10 billion yuan (1.25 billion US dollars) into China Reinsurance, the country's top reinsurer, to help it compete with foreign rivals, Reuters reported, citing market sources.

China posted a record $14.5 billion trade surplus in June as exports surged, Bloomberg reports.

China Reinsurance Group has reached 125.69 million Yuan in business revenue for the first half of 2006, which is a 12.8% increase from the same time last year. The Group’s total property reaches 297.65 million Yuan, which is a historical high and a 7.67% increase from the same time last year.