People.cn Sets Shanghai IPO Range

The online news portal of People's Daily, China's ruling Communist Party's mouthpiece newspaper, launches an IPO in Shanghai.

Inquiring minds are tired of the spotlight on Greece (believe me I am as sick as anyone of Groundhog Day). Given the world will not end when Greece defaults, whether in March of this year or next, let's turn our attention to a country far more significant. Chinese Electricity Consumption Fell Massively In January

BEIJING (Reuters) - China on Wednesday accused the United States of sowing discord between China and its neighbors after the Pentagon said Beijing is using espionage to fuel its military modernization, branding Washington the "real hacking empire".

China's Communist Party newspaper, the People's Daily, has published a front page article hitting out at accusations that the Chinese state was behind hacks on publications such as the New York Times, Wall Street Journal and Washington Post.

China plans major bond market reform to raise the money the ruling Communist Party needs for a 40 trillion yuan urbanization program to buoy economic growth.

SHANGHAI (Reuters) - The online portal of China's state-run Xinhua news agency has applied for a Shanghai initial public offering, the securities regulator said, in what would be the second listing of a government website in a year. Xinhuanet.com's planned IPO is likely to attract strong interest from investors, given Xinhua's status as the Communist Party's mouthpiece and its clout among China's state-owned companies. Once listed, Xinhuanet would become China's second publicly-traded media company backed by the central government, after People. ...

I was hoping for an election announcement today, but the pressure is on for "one" more day as Greek President to Meet Four Party Leaders Tomorrow in one more attempt to form a "Unity Coalition". Greek President Karolos Papoulias will meet with political party leaders at 7:30 p.m. tomorrow as discussions on forming a national unity government continue, state-run NET TV said, without citing anyone.

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