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BUSINESS

Rail link to increase oil imports from Russia
China is expected to more than double its crude oil imports from Russia by 2006 through a rail link.

Business Mission
US chamber to assess changes in post-WTO China

Convenience Store
7-Eleven store debuts in Beijing

Dual-Currency Service
Citigroup, SPDB launch joint credit card

Internet Portal
Sina reports record Q4 revenues

Shanghai Pudong Development Bank (SPDB) Chairman Zhang Guangsheng (2nd from left) and Citigroup Chief Executive Officer Charles Prince (center) attend SPDB's dual currency credit card launch ceremony in Shanghai yesterday. The move is believed to be the prelude to the setting up of a joint venture credit card company by the two banks when they are legally permitted to do so. [newsphoto]

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Spotlight on RMB
Chinese Yuan Under Pressure



		weekly review

·Senior banker calls for wider RMB band
·Official: China's GDP growing 9.1% in 2003
·China-US textile talks kick off



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.Shenzhou V

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		KFC: We operate normally in China despite bird flu outbreaks( 02-05 14:35) Starbucks takes aim at China chain ( 02-05 14:14) Former Microsoft China chief gets new job( 02-05 14:02) Private airline prepared for take off( 02-05 11:15) Investors lured by call of siren( 02-05 11:03) CCB reports progress in bad assets disposal( 02-05 09:03) Bankers hail derivatives transaction regulation( 02-04 23:05) China plans major railway along Russian, DPRK borders( 02-04 15:46) Capital adequacy hike in pipeline( 02-03 23:05) Accounting problems found at China Life prede( 02-04 17:17) Sinopec signs evaluation deal for three oil blocks in Gabon ( 02-04 09:20) Baby carrier maker to go public in HK( 02-04 15:33) Fifth West China Int'l Fair to be held in May( 02-04 15:17) China '04 oil product import rules crimp fuel oil trade( 02-04 15:05) 55 unlisted China securities companies post 03 loss Of 47m yuan: report( 02-04 15:05) Real estate developer to issue A-shares( 02-04 09:02) Battery firm bids for leading role in auto industry( 02-04 09:02) Carmaker plans plants abroad( 02-04 09:02) Sino-Japanese trade on sound track( 02-03 23:05)
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