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Generally speaking, the growth speed of fixed networks remains slow, according to the financial statements of the two fixed line telecom carriers. To reinforce the confidence of investors, Wang Xiaochu, chairman of China of words . SinoCast China IT Watch , SinoCast China IT Watch: More Phone Licenses Released SHENZHEN, , , SinoCast Though the mobile phone ket in China is bursting from seam, the Chinese telecom regulator keeps issuing mobile phone production licenses.Three more companies have approval to make and sell mobile phones in China but industry officials warned the domestic mobile phone ket is already in a supply over demand situation. Hedy Holding Co, a Guangzhou based personal computer maker, Shenzhen based Gaoxinqi Co and Shenzhen Unitone Electronics Co Ltd of words . China Financial Watch , BOC Bets on Auto Financing Bank of China ( .HK; .SH), the country's third biggest lender by assets, opened an auto financing joint venture with two partners in Beijing. The venture, the first such one backed by a commercial bank in China, is percent owned by BOC's wholly owned subsidiary Bank of China Group Insurance Co. who is registered in Hong Kong in . French based car bellwether PSA Peugeot Citroen contributed percent to the newborn venture's of words . South China Morning Post (Hong Kong) , South China Morning Post: Educational engineering fails to close skills gap Boosting university enrolment has cost China dearly in terms of nurturing trained specialists, writes Paul Mooney The cartoon cover kicked off a national debate across the US: a muscular China standing on a beach, pushing a skinny Uncle Sam around in the sand. "Is the US a pound weakling?" the Forbes magazine cover story asked.Inside, it argued that it was, stating that the US was losing its competitive edge to China, whose universities pumped out more than , engineers in compared to just , in the US. That unflattering comparison flew around America, of words . SinoCast China IT Watch , SinoCast China IT Watch: Dell China Considering Changes BEIJING, , SinoCast Dell announced on that its China president, David Miller, who had been in the position for less than one year, departed from the company. Two new presidents Liu Junling and Min Yida would be the presidents of Dell (China) and Dell (Hong Kong). They two would jointly manage Dell's business in the two regions."A lot of signs suggest that Dell (China) is undergoing some important changes" said Chen Lin, an advanced of words . China IT Watch , New Strategic Partnership Reached Search engine giant Google announced the formation of a strategic partnership with China Inc, a company under the aegis of CDC Corporation (CHINA). Under the agreement, Google will provide search engine technology for China to support searches of its English and traditional Chinese content by its users in Greater China. The partnership with Google is expected to further enhance the user experience for China 's expanding base of domestic and international of words . Xinhua News Agency , Severe drought sounds alarm for China's water supply Water has hit the headlines amid the sweltering summer heat in Southwest China's Chongqing Municipality and Sichuan Province. The worst drought in years left . million people in Chongqing and . million people in Sichuan in great thirst.The water depth in the Chongqing section of the Yangtze River, China's longest, hit . meters ( . feet), its lowest in years. About . million hectares, or . million acres, of crops were affected.The drought is of words . South China Morning Post (Hong Kong) , South China Morning Post: Air China shares face slump in Shanghai debut Shares of Air China, the mainland's largest international airline, will begin trading today in Shanghai amid expectations that they will drop below their initial public offering price because of concern over the carrier's earnings prospects in the face of record oil costs.The airline, which raised illion yuan from its share sale, or per cent less than initially targeted, announced its listing date in a statement yesterday after the city's stock of words . PR Newswire (USA) , China BAK Schedules Conference Call to Discuss Third Quarter Xinhua PRNewswire China BAK Battery Inc. (NASDAQ: CBAK), one of the largest lithium ion battery cell manufacturers in China and in the world, will host a conference call at : am EST on Monday, , , to discuss for the third quarter ended , .

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