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  1. Business - Banking & Finance - REGULATION

    Anti-money laundering crackdown to shift onus to China banks

    Posted Sep 15th 2014, 04:40am by DON WEINLAND

    ... They have not been required to look beyond a published set of checks and that has left open the opportunity for skirting the rules up until now. That is set to change, however, as the People's Bank of China begins to assign more responsibility to banks in flagging suspicious transactions, Michael Thomas, North Asia director at Wolters Kluwer Financial Services, told the South China ...

    http://www.scmp.com/business/banking-finance/article/1592715/anti-money-laundering-crackdown-shift-onus-china-banks
  2. Business - Economy - MACROSCOPE

    China's bad loans threaten to bring down world economy

    Posted Sep 17th 2014, 05:39am by Bloomberg

    ... William Pesek The longer China waits to create a functioning and stable banking system, the more it courts the kind of 'lost decade' suffered by Japan China's bad loans threaten to bring down world economy The risk of what Nobel laureate Paul Krugman calls "Japanification"- a semi-permanent economic funk- has haunted China for at least a couple of years ...

    http://www.scmp.com/business/economy/article/1594175/chinas-bad-loans-threaten-bring-down-world-economy
  3. Business - Money - CURRENCIES

    Dim sum bonds open new profits path for investors in Taiwan

    Posted Aug 18th 2014, 04:01am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com New bonds open yuan channels for Taiwan deposits Taiwan’s commercial banks have been earning sizeable profits through yuan deposits from the public, ... in Taiwan, told the South China Morning Post. “Yuan deposit volume has been increasing rapidly since last year, but there … are very few mutual fund products and a limited number of Formosa bonds. ...

    http://www.scmp.com/business/money/markets-investing/article/1575791/dim-sum-bonds-open-new-profits-path-investors
  4. News - China - EDUCATION

    Undercover investigation: Become a native English teacher in China, no questions asked

    Posted Sep 17th 2014, 04:20am by Staff Reporters

    ... Staff Reporters Schools take foreigners on mainland without interview or checks, undercover investigation shows Hiring of teachers open to abuse The market for foreign teachers ... and the market is estimated to be worth about 30 billion yuan (HK$38 billion) a year, according to a China News Service report. The insatiable demand for English language tuition had made finding a job ...

    http://www.scmp.com/news/china/article/1594188/become-native-english-teacher-china-no-questions-asked
  5. News - China - MIGRATION

    Half of China's millionaires 'plan to leave country within five years'

    Posted Sep 15th 2014, 11:13am by James Griffiths

    ... James Griffiths james.griffiths@scmp.com Report finds 47pc of high net worth mainlanders plan to move abroad in the next five years 'Half of China's rich want to leave' Around half of China's rich aim to move to another country within the next five years, according to a Barclays Wealth report. Yesterday's report questioned more than 2,000 individuals ...

    http://www.scmp.com/news/china/article/1592975/47-cent-chinese-super-rich-want-leave-country-barclays-survey
  6. News - China Insider - CHINA DIGEST

    Naked brother-in-law; secrets of news anchor; giant melon: CHINA DIGEST

    Posted Sep 17th 2014, 09:45pm by Staff Reporters

    ... the news website of China Youth Daily, Cyol.net,  reports. The lecture was given by Wu Liangyong,  a renowned urban planner who helped in the preparations for the Beijing Olympics in 2008. Wu, who ... of surveillance equipment, the news website China.org.cn reports. Spying equipment including objects such as pens with hidden cameras are included in the ban. The report said some of the surveillance ...

    http://www.scmp.com/news/china-insider/article/1594855/wrongly-jailed-16-years-sex-slave-freed-secrets-news-anchor
  7. Business - China Business

    Geely chief urges Beijing to open car market

    Posted Aug 19th 2014, 01:27am by BLOOM

    ... Bloomberg in Shanghai Beijing urged to open car market Bring it on. That is the message Li Shufu, the Chinese billionaire chairman of Volvo Cars, wants the government to give competitors in the largest vehicle market. "It's best if it's completely open, like in the United States and Europe. Whoever wants to produce cars can do it," said Li, also chairman of carmaker ...

    http://www.scmp.com/business/china-business/article/1576309/geely-chief-urges-beijing-open-car-market
  8. Business - China Business - TRADE

    China's rising fruit imports push up demand for refrigerated shipping

    Posted Sep 15th 2014, 04:40am by JING YANG

    ... China's exports over the last 20 years, such as an open trade policy and investment in infrastructure, are now also starting to bear fruit for imports," said Michael Britton, Asia-Pacific ... Jing Yang jing.yang@scmp.com Refrigerated container trades benefiting from growing mainland imports of perishable goods China's rising fruit imports push up shipping demand Fruit ...

    http://www.scmp.com/business/china-business/article/1592735/chinas-rising-fruit-imports-push-demand-refrigerated
  9. News - China Digest

    The Post's daily China news round-up- September 12, 2014

    Posted Sep 12th 2014, 07:40am

    ... drug offences. Confucius says |Source: The Economist A decade ago China began opening centres abroad to promote its culture. Some people are pushing back. China's TV war machine |Source: ... Philippines displays ancient maps to debunk China’s sea claims |Source: Philippine Inquirer From Song to Qing Dynasty, China never claimed territory south of Hainan, Manila claims. ...

    http://www.scmp.com/news/china-digest/digest/1590655/posts-daily-china-news-round-september-12-2014
  10. News - China - antitrust investigation

    China's antitrust investigators 'using threats and bullying' against companies

    Posted Sep 16th 2014, 02:05pm by Reuters

    ... half a dozen or more companies on any given day – a sign of the recent flurry of activity from the NDRC – one of China’s three antitrust regulators. The direction of investigations has drawn ... flaring tempers and verbal reprimands are commonplace. China goes after the big guns: Volkswagen and Chrysler fined Microsoft probed over browser and media player bundling 12 Japanese car parts ...

    http://www.scmp.com/news/china/article/1593766/chinas-antitrust-investigators-using-threats-and-bullying-against

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