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  • September 2, 2014
  • Last updated: 6:16pm
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  1. Business - China Business - INVESTMENTS

    China grows in favour as deal centre in Asia

    Posted Sep 01st 2014, 04:21am by Toh Han Shih

    ... for the Study of Multinational Corporations, said it was not certain China would overtake the US on investment flows. He noted that foreign investment in China was not growing as fast as before amid ... Toh Han Shih hanshih.toh@scmp.com Country sees an 18.7pc jump in transaction value in the first half, with domestic mergers and acquisitions leading the way in the region China grows ...

  2. Business - China Business - AVIATION

    Flight curbs in China could hurt airlines, drive airfares up, analysts say

    Posted Jul 23rd 2014, 01:48pm by SIJIA JIANG

    ... and industrial research at Daiwa Securities, told the South China Morning Post. A reduction of 25 per cent in flights to eastern China for three weeks in the busy summer holiday season would erode ... the restrictions will be in place from July 20 to August 15, or just from July 27 to August 2. A message circulating on social media websites cited a plan at a Civil Aviation Administration of China ...

  3. Business - Banking & Finance - LOANS

    China bank sector unfazed by sharp jump in bad debts

    Posted Sep 01st 2014, 04:21am by DON WEINLAND

    ... according to figures compiled by the South China Morning Post. The CBRC put the industry average in the second quarter at the same rate. Not all major state banks had the same appetite for risk, ... the end of last year: just 2 basis points. At 0.99 per cent, Industrial and Commercial Bank of China- the world's largest bank by assets and market capitalisation- had the lowest ratio. Bank ...

  4. Aircraft maker seeks to recruit foreign executives

    Posted Feb 28th 2009, 12:00am by Minnie Chan

    ... Minnie Chan For the first time, an aviation company closely tied to the military will be looking to hire overseas talent for management roles. It is unlikely, however, that they will have access to sensitive military information. A spokeswoman for China Aviation Industry Corp (Avic), the biggest research, development and production base for the mainland's military ...

  5. Business - China Business

    Shanghai free-trade zone offers mainland China firms a springboard

    Posted Sep 01st 2014, 04:21am by Toh Han Shih

    ... at the China Goes Global conference in Shanghai. That would be a big jump from June 30, when 49 Chinese firms had made a cumulative total of US$1.27 billion of overseas investments through the FTA, ... costs. But he admitted Hong Kong is still far ahead of the Shanghai FTA in legal and tax aspects. "Hong Kong and Shanghai will be the two major points of China for companies investing ...

  6. Business - Companies - PROPERTY

    Developer China Vast profit drops 17.7pc

    Posted Aug 29th 2014, 11:03am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com China Vast Industrial Urban Development, a Chinese developer newly listed in Hong Kong, reported on Friday morning that its net profit dropped 17.7 per cent ... enjoy the previous tax benefits from January. As a result, its income tax expenses in the first half jumped seven times to 154.65 million yuan. But China Vast, which develops large industrial ...

  7. News - China - GOVERNMENT

    China changes Budget Law to relax rules on local government bond sales

    Posted Sep 01st 2014, 05:14am by Jeanny Yu, BLOOM

    ... budget process. The key tasks are expected to be completed by 2016. Industrial Bank senior economist Lu Zhengwei said local government financing vehicles used to be the major tool for regional ...

  8. Business - China Business - TAXATION

    China fails to collect 65pc of corporate taxation, says IMF

    Posted Jun 27th 2014, 01:04am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Mainland's high rate blamed for low corporate income tax efficiency, while HK's low levels fuel outsized foreign direct investment Beijing fails to collect 65 pc of tax, says IMF The mainland is one of the worst jurisdictions in the world when it comes to collecting corporate taxes, while Hong Kong's low tax rate has enabled ...

  9. Business - Money

    Chart of the day: China a magnet for foreign funds

    Posted Aug 30th 2014, 12:54am by NICK EDWARDS

    ... Chart of the day: China a magnet for foreign funds Investors are more bullish on Chinese equities than at any time in the past five years, according to new analysis of fund flow data by HSBC Holdings. Industry statistics up to late August show mutual fund and foreign institutional investors have roughly doubled their weightings in the past three months, relative to neutral ...

  10. News - China Insider - biofuel

    Aviation biofuel project could kill two birds with one stone- if Sinopec brings cost down

    Posted Feb 13th 2014, 03:46pm by Chris Luo

    ... Chris Luo chris.luo@scmp.com China’s civil aviation regulator on Wednesday granted a license to the nation’s top refinery for its self-developed aviation biofuel, effectively giving ... director of Sinopec The specific fuels approved by the Civil Aviation Administration of China (CAAC) to be used on commercial jets is called No. 1 Aviation Biofuel, made from palm oils and recycled ...




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