deposits after clients stashed

  First post by: www.itsbattery.com

Nissan to bring in EVs

Japanese carmaker Nissan Motor Co plans to bring dell Laptop Battery electric vehicles (EVs), which will use lithium-ion battery for zero-emission mobility, to China in early 2011.

Nissan has also signed a partnership with the Ministry of Industry and Information Technology for zero-emission mobility, and the Wuhan municipal government has partnered with Nissan in the first pilot project.

No change in PBOC policy

China's central bank said it would ensure sufficient liquidity to sustain economic growth, damping speculation Inspiron 8200 regulators may seek to restrain credit after new loans jumped by six times to a record in March. The People's Bank of China will implement moderately loose monetary policy and maintain the continuity and stability of its policy, the central bank said on its website. It pledged ample liquidity to "ensure that money supply and loan growth meet economic development needs".

CNPC in acquisition talks

China National Petroleum Corp is in talks with Kazakhstan's state energy company KazMunaiGaz (KMG) on acquiring a 49 percent stake in the Central Asian country's fourth-largest oil producer MangistauMunaiGaz (MMG). A KMG spokesman said his company and CNPC would sign "some Inspiron 8000 documents on that in the near future". MMG controls oil reserves estimated at 500 million barrels. KMG secured its 50 percent-plus-two-shares stake in MMG from the British Virgin Islands-registered Central Asia Petroleum in January.

BHP unit sale not cleared

BHP Billiton Ltd, the world's largest mining company, failed to sell its coal-bed methane business in China after being unsuccessful in getting regulatory Inspiron 8100 approval from the country. Peter Ogden, a spokesman at BHP's Melbourne office, said that BHP Billiton continues to maintain its working interest in China coal-bed methane whilst progressing options to complete its exit strategy. BHP had decided in 2006 to divest its coal-bed methane businesses and agreed to sell the China operations in March 2008.

Bridgestone investment

Bridgestone Corp, Japan's largest tyre Inspiron 4000 maker, said on Monday it planned to invest $98 million in an east China plant to expand its capacity.

The investment, scheduled to start in the second half of 2011, will enable the plant in the city of Wuxi to make an additional 4,200 tyres per day, increasing its total daily capacity to 12,000 tyres, it said in a statement.

ICBC deposits rise

Industrial & Commercial Bank of China Ltd, the world's largest lender by market value, said it is also the biggest by Inspiron 4100 deposits after clients stashed another 950 billion yuan ($140 billion) of cash in the first quarter. Deposits rose to 8.9 trillion yuan as of March 31, the lender said yesterday.

Coal firms may get more

Chinese coal producers may get a 20 percent increase in price from the nation's power generators, Internet protal Sohu.com reported yesterday, citing the China Times newspaper. Shenhua Group Corp and Datong Coal Mine Group Co offered power producers prices of 540 yuan to 550 yuan a ton for fuel Inspiron 2500 supplies this year, the report said. They sold coal at 460 yuan a ton last year, it said.

Tianjin mulls steel mergers

Tianjin municipality plans to merge its four State-owned steel mills into a group with annual capacity of about 23 million tons, the China Latitude CPX Business News said on Monday, citing a company official. The State-owned asset management body of the city plans to establish a steel group to control the four existing mills, the newspaper said.