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  1. Wang Qishan: From tour guide to troubleshooter

    Posted Oct 23rd 2007, 12:00am by Staff Reporter

    ... Stephen Chen Beijing mayor Wang Qishan's experience in handling Sars and preparations for the Olympics qualified him to move into the Politburo. But doubts over the 59-year-old princeling's abilities remain. It is difficult to imagine how Mr Wang, a former museum tour guide in Shaanxi could have become the mayor of Beijing without some help from his father-in-law, former ...

  2. Idea of cash giveaway sparks debate on best way to close widening income gap

    Posted Mar 03rd 2008, 12:00am by Wang Xiangwei

    ... Wang Xiangwei Over the past few days, one news report has fired up debates in the state media and in internet chat rooms, and is most likely to echo strongly in the annual plenary sessions of the National People's Congress and the Chinese People's Political Consultative Conference, which open this week. It is about a simple suggestion made by a Shanghai CPPCC member - a grand ...

  3. PetroChina debacle likely to prompt big regulatory changes

    Posted Jan 07th 2008, 12:00am by Wang Xiangwei

    ... chairman Wang Dongming told official news media the approval mechanism increased the moral risk, as many investors are led to believe government approval means it will bail them out if share prices ...

  4. Glowing transformation

    Posted Apr 03rd 2008, 12:00am by Staff Reporter

    ... Kristine Kwok Vice-Premier Wang Qishan greeted his long-time acquaintance Henry Paulson with his trademark humour yesterday. In his first meeting with the US Treasury secretary in his new capacity as a vice-premier, Mr Wang said he was a little worried by what he had seen on television the night before. 'I saw you in the news footage and I was a bit concerned because you looked ...

  5. Beijing should legalise and regulate booming underground banks

    Posted Nov 26th 2007, 12:00am by Wang Xiangwei

    ... Wang Xiangwei The mainland leadership's embarrassing decision to impose cash withdrawal limits at banks in Shenzhen at the beginning of this month only to lift them days later, has focused media attention on the illegal outflow of mainland funds into Hong Kong's stock market through the booming underground banking operations. While there is no way of knowing the exact ...

  6. B-grade way to offer A-list shares

    Posted Dec 03rd 2007, 12:00am by Wang Xiangwei

    ... When PetroChina launched its initial public offering on the mainland in late October, it was a darling for which mainland investors had waited so long. About 3.3 trillion yuan of orders were placed for its 66.8 billion yuan share offering, the world' ...

  7. The bubble's bursting is too close for comfort

    Posted Apr 23rd 2007, 12:00am by Wang Xiangwei

    ... The fact that a sharp rebound in the mainland's economic growth in the first quarter sent the global stock markets wobbling on Thursday says a lot about the growing influence of the world's fourth-largest economy. But it is even more telling tha ...

  8. Drastic moves to further tighten reins of runaway economy unlikely

    Posted Jul 17th 2006, 12:00am by Wang Xiangwei

    ... China's policymakers have been in a flurry of meetings since last week when preliminary figures for June showed overall economic growth remained perhaps a tad too strong, with overheating in specific sectors unabated. State media reported that the ec ...

  9. Wen's property crackdown treats symptoms rather than the disease

    Posted May 22nd 2006, 12:00am by Wang Xiangwei

    ... Premier Wen Jiabao raised hopes last week by promising a new crackdown on property speculation and soaring property prices which many believe, if unchecked, could lead to economic overheating and social unrest. This looks set to create a flux of governmen ...

  10. Don't hold your breath on through-train plan

    Posted Nov 05th 2007, 12:00am by Wang Xiangwei

    ... the new executive vice-premier, and Wang Qishan, currently Beijing's mayor, and Zhang Dejiang, currently Guangdong's party secretary, will become the new vice-premiers. The focus ... in Beijing that Wang Qishan, known as the trouble-shooter, should be taking over the financial portfolio. He has the perfect resume for it. He climbed the ladder of the financial community ...




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