Gome sees 7% fall in 2008 net profit
Gome, China's largest consumer electronics retailer in terms of number of stores, announced yesterday that its net profit for 2008 fell by 7 percent from a year earlier.
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China Mengniu Dairy, the largest liquid milk producer on the mainland, slipped into a net loss in 2008, its first since the 2004 listing in Hong Kong, hurt largely by the tainted milk scandal in the second-half.
China Daily
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 ICBC full-year net profit increases 36%
Ping An Insurance (Group) Company of China, China's second largest insurer by market value, said Wednesday its net profit in 2008 plunged 94.4 percent from a year ago.
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 PetroChina hit by refining loss
China's export of autos, including auto parts and components, increased 21.6 percent to $49.73 billion in 2008, but down 23.71 percentage points compared with 2007.
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 China's producer price index down 4.6% in Q1
Chinese Premier Wen Jiabao said Thursday that government stimulus moves to shore up the economy had begun to produce results, and the economy is now in a "better-than-expected" shape.
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 China to raise tax rebate for garment, textile exports
China's State Administration of Taxation (SAT) said Monday the actual export tax rebate in the first two months stood at 66.7 billion yuan (US$9.77 billion), up 20.8 percent year-on-year.
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