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  • August 31, 2014
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  1. SOEs told to quit property market

    Posted Mar 19th 2010, 12:00am by Peggy Sito

    ... Supervision and Administration Commission (Sasac), is intended to rein in runaway property prices. It is seen as a reaction to mounting criticism that SOEs have bid up land prices to record highs ... square metre, the highest price ever paid in the city. The buyer was China Ordnance Equipment Group, a military company. At a separate auction, a 185,000 square metre residential site in Yizhuang ...

  2. HK$2.4m rent sees Episode fleeing Central

    Posted Feb 11th 2011, 12:00am by Peggy Sito, Peter So

    ... Peggy Sito and Peter So Home-grown retailer Episode will close its flagship store in Central on Sunday after losing a battle with a big international retailer to keep a foothold ... at property consultant Colliers International, said it was a shame that a home-grown brand had been forced to move out of Central. 'But this is a trend, and it will continue,' she said. ...

  3. Wen lays down priorities in rooting out cadre corruption

    Posted Feb 18th 2005, 12:00am by Shi Jiangtao

    ... earlier this week, Wu Guanzheng, secretary of the Central Commission for Discipline Inspection, said more than 164,000 cadres, including 15 at the ministerial level, had been disciplined last year ...

  4. Sasac campaign sees 4 state firms merged

    Posted Apr 04th 2009, 12:00am by Martin Zhou

    ... Martin Zhou in Shanghai Beijing ramped up its campaign to consolidate super-sized state-owned enterprises, whose profitability has been depressed by the global economic crisis, as it cut the number of centrally controlled SOEs to 138 from 141 through mergers yesterday. The State-owned Assets Supervision and Administration Commission (Sasac), the country's top state assets ...

  5. African conflicts pressure China's neutrality

    Posted Aug 02nd 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih The central government has regularly emphasised its stance of non-intervention in the internal affairs of other countries. But as it pours billions of dollars of investments ... Guinea, for example, China International Fund (CIF) signed a multibillion-dollar agreement with the military junta there in 2009, around the time that its security forces massacred over 150 people ...

  6. Avic makes overseas thrust for increased civil and military sales

    Posted Jan 23rd 2010, 12:00am by Charlotte So

    ... Charlotte So Aviation Industry Corp of China (Avic), the largest mainland aircraft manufacturer, is seeking more sales for its military and civil products overseas this year. The Beijing-based plane maker secured an order for 42 FC-1s, a lightweight fighter, from Pakistan for US$1 billion last year, the largest export order for military products received by the company. ...

  7. Gas firm's chief faces sack over toxic blast

    Posted Jan 13th 2004, 12:00am by Wang Xiangwei

    ... month, the Central Military Commission not only sacked the fleet commander and commissar but also the commander and commissar of the navy. If these precedents were followed, Vice-Premier Zeng ... Wang Xiangwei in Beijing Leaders are under pressure to punish CNPC head for the Chongqing disaster The central government is under intense pressure to sack Ma Fucai, president of China ...

  8. Central office rents to fall by half, says Merrill

    Posted Oct 30th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Cost of grade-A space forecast to drop 50pc from peak by 2010 The global financial crisis will lead to office rents in Central falling by 50 per cent by 2010 from a peak ... 'Central office rentals are expected to fall because of weak office demand amid the global recession and increased supply from spaces vacated by relocating tenants to decentralised locations, ...

  9. Taiwanese tycoon still the darling of provincial officials

    Posted Aug 19th 2010, 12:00am by Shi Jiangtao

    ... in Shenzhen; but for the vast central and western regions, it is still the darling of [governments who pursue] economic growth,' a China Newsweek report said last month. Gou's popularity ... jobs to finish college studies in shipping management. After two years of military service, he founded Hon Hai in 1974, making television parts and later computer parts. He began his investment ...

  10. Lai See

    Posted Feb 19th 2011, 12:00am by Howard Winn

    ... a year. Hong Kong is the second-largest airport in the world in terms of cargo throughput after Memphis but ahead of Shanghai, Inchon, Paris and Anchorage. Military secrets The central government has exempted China Shipbuilding Industry Co (CSIC) from publicly disclosing the nature of its military business in relation to a share placement, the Shanghai-listed firm said in a stock ...




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