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  • July 23, 2014
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  1. Business - Commodities - INVESTMENT

    Hanlong courts SOEs for African iron ore deal

    Posted Dec 28th 2012, 12:00am by BLOOM

    ... an investor in highways and power projects, is in talks with Chinese state-owned companies to develop an iron ore project in Africa owned by Australia's Sundance Resources. Hanlong, which plans to buy the stake it does not own in Sundance for A$1.14 billion (HK$9.16 billion) is considering partnerships with state-owned enterprises on a request from government agencies, it said ...

  2. Business - China Business - INVESTMENT

    Robert Hormats invites China to invest in US- if it plays fair

    Posted Dec 08th 2012, 12:00am by Toh Han Shih

    ... States welcomes investments from China but has concerns about the operations of state-owned enterprises in its market, Undersecretary of State Robert Hormats said. "We want Chinese ... State-owned oil giant CNOOC had US$5 billion of investments in the US, he added, stressing that "we have a good environment for Chinese investments". In July, senator Charles Schumer urged ...

  3. Business - Economy - CHINA

    China heading for economic downturn, many warn

    Posted Dec 06th 2012, 12:00am by JANE CAI

    ... pursued by 9,411 applicants. Firm resistance to reform is also expected from state-owned enterprises, which are favourably granted with projects and financing and enjoy monopoly ... in the market." State-owned enterprises have cheered the importance given to the sector in President Hu Jintao's keynote speech at the party congress last month, which looks to have ensured ...

  4. Comment - Insight & Opinion

    China's pro-market reforms must not be on paper only

    Posted Dec 19th 2012, 12:00am by ANDY XIE

    ... decade, grey income may have risen 10 times as fast, due to the rapid rise in fiscal revenue, state-owned enterprise investment and asset bubbles. The people paid for it by not gaining much from ... sentiment for a short time, but it won't change the reality on the ground. Words cannot replace action. First, China should cap government expenditure and investment by state-owned enterprises ...

  5. Business - Money

    Era ends for mega mainland IPOs

    Posted Dec 07th 2012, 12:00am by Bloomberg

    ... Citic Heavy Industries raised US$507 million in Shanghai in June. China Mobile kicked off the era of initial public offerings by state-owned enterprises when it raised US$3.9 billion in Hong ... The reason: most of the biggest state-owned companies have already gone public in the past 15 years in Shanghai and Hong Kong. Private-sector businesses, beset by shrinking profits amid overcapacity ...

  6. Business - China Business - THE INTERVIEW

    G.E. rides the same path to health, success

    Posted Nov 24th 2012, 12:00am by Daniel Ren

    ... else, but competition doesn't scare us. You got to keep ahead of competition. How has GE fared in ventures with state-owned enterprises? You should look at those joint ventures we ... it describes as national champions, or major state-owned juggernauts. In May, it joined hands with Shenhua Group, the country's biggest coal producer, to develop clean coal technologies, through ...

  7. News - China - CORRUPTION

    State firms paid half the bribes rail executive Luo Jinbao received

    Posted Dec 30th 2012, 12:00am by Li Jing

    ... the bribes About half of the bribes taken by a former top railways executive came from other state-owned railway companies, prosecutors have said, painting a damning portrait of rampant corruption ... and former deputy chief engineer Zhang Shuguang. A source from the railways sector told Caixin Century Weekly that bribing regional bureau chiefs was a common practice for state-owned railway ...

  8. News - Hong Kong - BRIEFS

    Briefs, December 16, 2012

    Posted Dec 16th 2012, 12:00am by Jennifer Cheng

    ... driver and six passengers on the minibus, aged 18 to 58, needed hospital treatment.   State-owned firm's IPO at top end of range China Machinery Engineering completed its initial public ...

  9. Business - Money - SUCCESSION

    Old family firms are ripe for the picking

    Posted Nov 09th 2012, 12:00am by George Chen

    ... private equity firms or powerful state-owned enterprises from the mainland that often consider Hong Kong a stepping stone before they expand into European and American markets more aggressively. ...

  10. News - Asia - VIETNAM

    Vietnam's ruling Communist Party promises economic reforms as top leaders criticised

    Posted Oct 17th 2012, 12:00am by Reuters in Hanoi

    ... the restructuring and renovation of state-owned enterprises (SOEs), "the committee continued to affirm their core role", according to the report. "Resolute adjustments must be made so ... the embattled prime minister- but left them in their posts. The banks are swimming in bad debt, much of it owed by the huge state enterprises at the heart of the economy. Moody's downgraded Vietnam ...




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