Business -- January 2, 2005

• China scraps duty rebates on aluminum, ferroalloy
• Cold days no hitch to holiday makers
• Centre to protect historical heritage
• China issues US$83.8b treasury bonds
• Financial Street heralds new biz

• More Chinese companies doing well in going global in 2004
• Myanmar to build deep-sea port to facilitate transit trade
• New laws, rules take effect today
• Petrochemical JV announces completion
• Rules on pricing system for IPOs take effect

• Sinopec, CNPC to invest in Canadian oil firms
• Soft-landing leads to healthier economy
• Wall Street stocks end the year on down note