Banks in China have already lent 5.84 trillion yuan this year - beyond the minimum of 5 trillion yuan in new credit the government called for this year. The credit boom has brought back worries about the rebound from mounting bad assets …
June 19th, 2009 | Posted in China blog | No Comments
Back in September, it hiked its stakes in three of China’s four biggest lenders through the investment arm of its sovereign wealth fund, to demonstrate its support for the markets; the Shanghai index had fallen 69% from its all-time …
June 19th, 2009 | Posted in China blog | No Comments
As part of the world renowned ALUMINIUM brand of leading events, Aluminium China 2009 will facilitate the development of China’s aluminium industry and promote fair exchange and competition within the industry. …
June 19th, 2009 | Posted in China blog | No Comments
Yes, in addition to all the talk about the Green Dam net filter software debacle this week, whereby the government is attempting to mandate that every PC sold in China includes the program, now Google has been slapped around because you …
June 19th, 2009 | Posted in China blog | No Comments
China expressed “strong dissatisfaction” over the approval of an Asian Development Bank loan to India that it said involved a territorial dispute between the countries, AFP reported. The US$2.9 billion India Country Partnership strategy …
June 19th, 2009 | Posted in China blog | No Comments
The China Internet Illegal Information Reporting Center (CIIRC) criticized Google for allowing access to pornographic materials through its Chinese website, the Wall Street Journal reported. The CIIRC, a non-governmental agency backed …
June 19th, 2009 | Posted in China blog | No Comments
Europe’s largest carbon credit exchange is planning a joint venture with China Beijing Environmental Exchange (CBEEX) to take advantage of the potential approval of secondary carbon trading in China, the Financial Times reported.
June 19th, 2009 | Posted in China blog | No Comments
Former People’s Bank of China governor Dai Xianglong said China retained the option of increasing its holdings of US Treasury debt if the dollar remained stable, Reuters reported. Dai, the current chairman of the National Social …
June 19th, 2009 | Posted in China blog | No Comments
I applaud China’s willingness to publish the results of environmental and energy audits when the results do not paint a pretty picture. The National Audit Office (NAO) yesterday released a report containing the results of its audit of …
June 19th, 2009 | Posted in China blog | No Comments
SHANGHAI, June. 19 - Shanghai’s Pudong local government is now allowing foreign investors to set-up an equity investments management company until June 30,
June 19th, 2009 | Posted in China blog | No Comments