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font-size: 10pt; mso-fareast-font-family: PMingLiU;" lang="EN-US">China'</span><span style="font-family: Arial; font-size: 10pt; mso-fareast-font-family: PMingLiU;" lang="EN-US">s current account surplus more than doubled to $102.3 billion in Q3 compared to a year earlier, according to the State Administration of Foreign Exchange.</span></p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-family: Arial; font-size: 10pt; mso-fareast-font-family: PMingLiU;" lang="EN-US"><div id="sources"><span id="sourcesTitle">Source:</span><br/> <a href="https://web.archive.org/web/20120514044359/http://cn.wsj.com/gb/20101125/MKT122830.asp">http://cn.wsj.com/gb/20101125/MKT122830.asp</a></span></p> </div><p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-family: Arial; font-size: 10pt; mso-fareast-font-family: PMingLiU;" lang="EN-US"> </span></p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-family: Arial; font-size: 10pt; mso-fareast-font-family: PMingLiU;" lang="EN-US">The number of 3G service users in China reached 38.64 million by the end of October 2010, up 10.4% from September 2010 and up 295.7% from October 2009, according to the Ministry of Industry and Information Technology. Cellphone users have totaled 842 million.</span></p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-family: Arial; font-size: 10pt; mso-fareast-font-family: PMingLiU;" lang="EN-US"><div id="sources"><span id="sourcesTitle">Source:</span><br/> <a href="https://web.archive.org/web/20120514044359/http://tech.qq.com/a/20101125/000005.htm">http://tech.qq.com/a/20101125/000005.htm</a></span></p> </div><p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-family: Arial; font-size: 10pt; mso-fareast-font-family: PMingLiU;" lang="EN-US"> </span></p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-family: Arial; color: black; font-size: 10pt;" lang="EN-US">Xinjiang Goldwind Science & Technology Co (SHE: 002202), a manufacturer and distributor of wind turbine generators, said it will spend a total ¥200 million ($1 = ¥6.6) to take over Xiexin Jiangsu Silicon Co and Inner Mongolia Xiexin Xilin, which manufactures wind power equipment with more than 1.5MW in capacity. It will purchase the firms from GCL-Poly Energy Holdings Ltd (HKG: 3800) and Shanghai Guoneng Investment Co.</span></p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-family: Arial; font-size: 10pt; mso-fareast-font-family: PMingLiU;" lang="EN-US"><div id="sources"><span id="sourcesTitle">Source:</span><br/> <a href="https://web.archive.org/web/20120514044359/http://www.21cbh.com/HTML/2010-11-25/wOMDAwMDIwNzcwOA.html">http://www.21cbh.com/HTML/2010-11-25/wOMDAwMDIwNzcwOA.html</a></span></p> </div><p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-family: Arial; font-size: 10pt; mso-fareast-font-family: PMingLiU;" lang="EN-US"> </span></p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt; tab-stops: 163.1pt;"><span style="font-family: Arial; font-size: 10pt; mso-fareast-font-family: PMingLiU;" lang="EN-US">PetroChina Co (NYSE: PTR, SHA: 601857, HKG: 0857), Asia's biggest company by market value, has signed a framework deal with the Hubei provincial government for cooperation in sales network, natural gas supply and construction of gas storages. PetroChina currently meets 90% of Hubei's natural gas demand and 30% of refined oil demand.</span></p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-family: Arial; font-size: 10pt; mso-fareast-font-family: PMingLiU;" lang="EN-US"><div id="sources"><span id="sourcesTitle">Source:</span><br/> <a href="https://web.archive.org/web/20120514044359/http://www.yicai.com/news/2010/11/610550.html">http://www.yicai.com/news/2010/11/610550.html</a><br style="mso-special-character: line-break;"/><br style="mso-special-character: line-break;"/></span></p> </div><p class="MsoNormal" style="margin: 0cm 0cm 0pt; tab-stops: 163.1pt;"><span style="font-family: Arial; font-size: 10pt; mso-fareast-font-family: PMingLiU;" lang="EN-US">Air China Ltd (SHA: 601111, HKG: 0753), said it will have a private placement aimed at raising ¥5.6 billion to reduce its liabilities/assets ratio and improve cash flow and risk control.</span></p> <p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="</a>... <p class=" loginprompt">You are currently reading 552 words of 1674 total words in this article.<br/> To continue reading this article, you must be a subscriber. <a href="/web/20120514044359/http://thechinaperspective.com/index.php?cmd=fh,login&tag=fh,article@article_id=7936">Log in now.</a>.</p>   </div> </div> <div class="btnStartFreeTrial2"> <div class="startFreeTrialSlogan" style="filter:shadow(color=#666666, direction=135, strength=1);"><span class="startFreeTrialSlogan2">Finish this article for free.</span></div> <a href="/web/20120514044359/http://thechinaperspective.com/index.php?cmd=fh,checkout"><img src="/web/20120514044359im_/http://thechinaperspective.com/images/btn-startyourriskfreetrial.png"/></a> </div> </div> <div class="articleRight"> <div class="newsletter"><p>Subscribe to The China Perspective's weekly Newsletter and stay current with the latest trends and developments in China's rapidly changing economy.</p> <form name="newsletter" action="/web/20120514044359/http://thechinaperspective.com/index.php?cmd=bh,newsletter" method="post"> <div class="subscribeBox"> <input type="text" name="email" value="Your email here"/><a href="javascript:document.newsletter.submit();"><img src="/web/20120514044359im_/http://thechinaperspective.com/images/btn-subscribe.gif" width="107" height="29"/></a></div> </form> </div> <div class="blueTitle" style="margin-top:12px; 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