Business -- September 4, 2005

• As Chinese are denied visas US businesses suffer badly
• Basket of Venezuelan oil reaches record high 58.16 dollars
• Bank of China unveils Olympic strategy
• China becomes EU's second largest trade partner
• China caps its phone call charge, giving more freedom to telecom companies

• Chinese entrepreneurs encouraged to invest mining projects in Mongolia
• CNOOC to donate 200,000 US dollars to Katrina striken victims
• China, Britain expect big deals
• China, EU textile solution imminent?
• Deal on Iran's LNG export to India finalized: official

• EU trade chief urges quick action to unblock Chinese clothes
• Feature: Chinese textile producers watch Sino-Amercian trade dispute
• Financial market needs to improve pricing ability, PBC chief
• IEA warns of worldwide gasoline crisis
• IEA to call for release of strategic reserves oil

• UN report rates China, India as new engines of economic growth
• UN sees current-account imbalances as risk for global economy
• US to release 30 million barrels of SPR oil