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Results 1 - 10 of 33 for central committee of the communist party of china

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  1. 83 S.O.E. officials caught out by audits

    Posted Jun 02nd 2012, 12:00am

    ... grip on the pricing of key industrial materials and services including steel, coal, oil and telecom fees. Furthermore, the powerful Organisation Department of the Communist Party's central committee is responsible for appointing the top management of major SOEs such as PetroChina and China Mobile. Although Beijing has been determined in recent years to overhaul the management system ...

  2. Postal bank gains stamp of approval but little interest

    Posted May 25th 2006, 12:00am by Mark O'Neill

    ... the Communist Party's central committee called on the postal system to return to the countryside the money it collects and does not use in the cities. The government also hopes to end its vast ... creating the China Postal Savings Bank (CPSB), seven years after the central bank set off an acrimonious debate by first proposing the idea. The decision to proceed is part politics and part ...

  3. Closer scrutiny yields sharp fall in bank fraud

    Posted Aug 03rd 2007, 12:00am by Staff Reporter

    ... effort. Gan Yisheng, vice-minister of the discipline department of the party's central committee, said yesterday that nine national banks had been inspected by special teams led by senior ... controls and more oversight by financial regulators and the central government. The China Banking Regulatory Commission yesterday said that mainland financial institutions reported 179 cases ...

  4. Customers pay heavy price for efforts to make domestic banks strong

    Posted Dec 10th 2011, 12:00am

    ... of the Communist Partys' central school, said government initiatives to make state banks stronger had led to a highly monopolised banking system, with disastrous effects for the economy: tilting ... cent of market share to foreign banks, dealing a deadly blow to ailing domestic ones, the central government accelerated banking reform following China's WTO accession. But as economists ...

  5. Business - Banking & Finance

    Worlds apart on pay scale

    Posted Aug 23rd 2012, 12:00am

    ... and other large state-owned banks and companies are assigned by the Communist Party's central organisation unit. The executives, who are also party members, are under the oversight of its ... JPMorgan Chase pays Jamie Dimon US$1.21 million for every US$1 billion of profit at the biggest American bank. Industrial & Commercial Bank of China, the world's most profitable, gives its ...

  6. China is deep in a hole, but Beijing won't stop digging

    Posted Mar 11th 2011, 12:00am by Tom Holland

    ... parties. Without going into too much detail, we can estimate with a fair degree of confidence that at the end of last year, China's central bank owned around US$160 billion in US Treasury ... This is a popular one in Beijing. Just yesterday one senior Communist Party official suggested that instead of buying up US Treasuries, China should invest its money in building a strategic stockpile ...

  7. Party congress to cloud local market sentiment

    Posted Oct 15th 2007, 12:00am by Staff Reporter

    ... announcements from the 17th National Congress of the Communist Party that starts today. On the cards, many fear, are more measures to cool the pace of economic growth and pre-empt a sharp rise ... by a half percentage point to 13 per cent. The increase is the eighth this year. 'The huge foreign exchange reserves are the main reason for excess liquidity in China, as the central bank has ...

  8. Time to party

    Posted Mar 09th 2007, 12:00am by Staff Reporter

    ... Clara Mak Charity group Habitat for Humanity China threw a cocktail party last month at watchmaker Piaget's shop in Prince's Building, Central, to launch its fundraising efforts this year. The organisation is taking bids on three Piaget custom watches until the charity's annual gala ball on April 27. Among the members of the high-profile fundraising committee who turned ...

  9. Top mainland banker held in gambling probe

    Posted May 31st 2012, 12:00am

    ... of illegal gambling and the misappropriation of clients' money. Yang Kun (pictured), an executive vice-president of Agricultural Bank of China, was detained several days ago in Beijing by the Central Commission for Discipline Inspection of the Communist Party of China, the party's internal anti-corruption arm that reports to the top leadership. The move came after the commission ...

  10. Princeling manager to exit citic securities

    Posted Jun 13th 2012, 12:00am

    ... the private equity company through a transitional period, reassuring its investors that it is business as usual. Liu, 39, is the son of Liu Yunshan, a powerful Communist Party official in charge ... Committee- the party's innermost circle of power- in the once-in-a-decade reshuffle of top leadership in autumn. Some of the older Politburo members will retire, but Liu Yunshan is widely ...




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