Business -- December 31, 2005

• Bush rejects request for quotas on Chinese steel
• CCTV 2005 Chinese business figures awarded
• Commerce Ministry to auction 184,000 tons of sugar
• China ranked fifth in farm produce export
• China's major companies to issue US$7.5 bln corporate bonds in 2006

• Citigroup raises bid for bank
• Deal agreed to tap into coalbed site
• Italian prosecutors finishes Parmalat scandal probe
• International airlines' loss to reach US$6 billion: IATA
• India's telecom sector sees remarkable growth in last 3 years

• Large oil deposit discovered in NW China
• NW China province links up all villages with highways
• Oil prices finish 2005 above US$61 in New York
• Top ten Chinese economic news stories in 2005
• Ukraine rejects Russia's offer of loans for gas price hike

• US, Zambia sign pact on 100 percent debt cancellation