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  • July 29, 2014
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  1. News - China - ANTI-CORRUPTION DRIVE

    China's audit office plays powerful but silent role in anti-corruption crackdown

    Posted Jun 19th 2014, 06:50pm by Keira Lu Huang

    ... of “anti-corruption, reform, and development”. The case against China’s former railways minister, Liu Zhijun, was triggered by clues from the audit office, the report said, without providing further details. ... state-owned oil giant PetroChina. During the process of investigation, even within the audit office, it is highly confidential Auditor In the recent audit report on an electricity transmission ...

    http://www.scmp.com/news/china/article/1536264/silent-deadly-chinas-secretive-audit-office-reveals-crucial-role-xis-anti
  2. News - Hong Kong - TRANSPORT

    Engineer offers explosive solution to railway woes

    Posted Apr 21st 2014, 04:10am by Phila Siu

    ... Phila Siu phila.siu@scmp.com Raymond Chan says MTR Corporation could blast tunnels after boring machine breaks Engineer offers explosive solution to railway woes Explosives could be used ... questioned why the MTR Corporation had not protected the machine from water damage in last month's storms. Damage to the machine was cited as a key factor when a two-year delay ...

    http://www.scmp.com/news/hong-kong/article/1492053/engineer-offers-explosive-solution-railway-woes
  3. News - China - POLLUTION

    Powerful emitters ignore Beijing carbon scheme deadline and question its authority, says report

    Posted Jun 13th 2014, 04:51pm by Reuters in Beijing

    ... for comment. The Beijing Railway Bureau operates most of the railway system in Beijing, Tianjin and Hebei province, and is owned by the China Railway Corporation, making its Chief Executive Officer far ... the local government trading body’s authority to regulate them. Beijing’s carbon trading market, one of six set up in China to rein in rapidly growing greenhouse gas emissions, caps carbon dioxide ...

    http://www.scmp.com/news/china/article/1531627/powerful-emitters-ignore-beijing-carbon-scheme-deadline-and-question-its
  4. Business - Money

    Market Wrap: Railway equipment-makers rise as China announces new construction plan

    Posted Sep 06th 2012, 04:12pm by Jeanny Yu

    ... Jeanny Yu Railway equipment makers such as CSR Corporation (1766.HK) jumped Thursday after China approved 25 urban railway projects in one day on Wednesday, a rare action reflecting ... to close at HK$ 5.20. China Railway Group (0390.HK) gained 7.01 per cent to end at HK$ 3.17. The projects approved by China's National Reform and Development Committee (NDRC) will soon attract ...

    http://www.scmp.com/business/money/stock-talk/article/1030832/market-wrap-railway-equipment-makers-rise-china-announces
  5. Business - Money

    Market Opener: Railway equipment-makers in focus as China approves 700 billion yuan worth of projects

    Posted Sep 06th 2012, 07:55am by Jeanny Yu

    ... Jeanny Yu Railway equipment makers such as CSR Corporation (1766.HK) could be in line for a boost after China approved 25 urban railway projects in one day on Wednesday, a rare action reflecting Beijing's determination to boost fixed-asset investment to shore up the nation's economy. The projects approved by China's National Reform and Development Committee (NDRC) ...

    http://www.scmp.com/business/money/stock-talk/article/1030501/market-opener-railway-equipment-makers-focus-china
  6. Comment - Insight & Opinion

    How they see it

    Posted Mar 17th 2013, 12:00am by CHINA DAILY, GUARDIAN, Gulf News

    ... Xi Jinping's formal election as president 1. China Daily Hopes are running high for the coming decade, as Xi Jinping has made a stir with his refreshing no-nonsense style … His ... for people to swim in five years from now. (Beijing)   2. The Guardian It has been a long time since China has had a presentable first lady. But marriage to the folk singer Peng Liyuan has imbued ...

    http://www.scmp.com/comment/insight-opinion/article/1192540/how-they-see-it
  7. News - China - COMPANIES

    Former top officials from China Three Gorges Corporation moved to new posts

    Posted Apr 06th 2014, 06:01am by Keith Zhai

    ... posts The former head of the scandal-hit China Three Gorges Corporation, which built the world's biggest hydropower scheme, has been appointed deputy governor of Hubei province, two people ... into Three Gorges follows an earlier anti-graft wave that swept through the oil industry. Jiang Jiemin, the former chairman of China National Petroleum Corporation (CNPC), was detained last year ...

    http://www.scmp.com/news/china/article/1465944/former-top-officials-china-three-gorges-corporation-moved-new-posts
  8. Business - Banking & Finance - CAPITAL MARKETS

    Standard Chartered's new Hong Kong chief May Tan eyes China growth

    Posted Jul 21st 2014, 03:18am by Ray Chan

    ... StanChart's HK chief eyes China growth Finding fresh revenue growth externally through its solid corporate and commercial banking roots in Hong Kong ranks as the top priority on the to-do list ... the rollout of preference shares and the undeveloped bond market in Hong Kong seemed the most promising given the bank's strong network of corporate clients. "My experience in capital ...

    http://www.scmp.com/business/banking-finance/article/1556880/standard-chartereds-new-hong-kong-chief-may-tan-eyes-china
  9. News - China - ANTI-CORRUPTION MEASURES

    China’s elite engineering club writes anti-corruption measure into new charter

    Posted Jun 12th 2014, 05:27pm by STEPHEN CHEN

    ... Zhang was seen as the second in command to former railways minister Liu Zhijun, the father of China’s high-speed rail network. Liu was sentenced to death, with a suspension of two years, ... Stephen Chen binglin.chen@scmp.com The mainland’s most prestigious engineering association has barred universities and other enterprises from nominating members – months after a railways ...

    http://www.scmp.com/news/china/article/1530883/chinas-prestigious-engineering-club-writes-anti-corruption-measure-new
  10. Business - Companies - THE VIEW

    Can Alibaba overcome the 'China syndrome' with its US IPO?

    Posted Jul 21st 2014, 03:18am by Peter Guy

    ... on corporate governance and reliable accounts in order to buy into another China growth story. But that would still only make sense if investors could depend on Alibaba's audited financial ... Peter Guy Accounting challenges create problems and opportunities for American investors wanting to buy into China growth story via Alibaba IPO Buyer beware The ghosts of Enron and Arthur ...

    http://www.scmp.com/business/companies/article/1556889/can-alibaba-overcome-china-syndrome-its-us-ipo

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