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  • November 29, 2014
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Results 1 - 10 of 30 for financial industry

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  1. Forbes will stick with its rich list, despite problems

    Posted Jul 01st 2003, 12:00am by Bill Savadove

    ... Mainland financial industry officials say the central government has made the rankings an unofficial hit-list for tax audits. Shanghai property tycoon Chau Ching-ngai, ranked 11th last year, is now ...

  2. Taiwanese banks are shut out of mainland action

    Posted May 14th 2005, 12:00am by Bill Savadove

    ... for reciprocal privileges for its banks, such as the right to set up offices or branches in Taiwan, before opening the market wider to Taiwan's financial institutions, industry officials say. ... Commercial employees watch from their office tower in Shanghai's financial district as Taiwanese companies turn to mainland and foreign banks for services, waiting for the day First Commercial ...

  3. Financial crime may curb rise of Shanghai

    Posted Jul 16th 2003, 12:00am by Bill Savadove

    ... at the expense of the firm. Banking industry officials said new products and the rise of transactions using the internet meant that financial fraud would inevitably rise. Banks needed to improve internal ... White collar offences up an average 4.8pc annually during the past five years A state newspaper has raised the alarm over a steady increase in financial crime in Shanghai, saying ...

  4. Shanghai's labour bureau chief suspected of financial crimes

    Posted Jul 22nd 2006, 12:00am by Bill Savadove

    ... state-owned companies and reforms to the pension system. 'He is under investigation,' a Shanghai government spokesman said. 'The reason is suspicion of serious violations of financial ... Huang and former president Jiang Zemin. Mr Zhu is a native of Zhejiang province and specialised in industrial enterprise management at school. He claimed to have an executive MBA from ...

  5. Luxury goods market feels pinch amid crisis

    Posted Nov 03rd 2008, 12:00am by Bill Savadove

    ... we perceive the price isn't going up, due to the financial crisis and the depressed stock market,' said Mr Yang, chairman of the Yangcheng Lake Crab Industry Association. Sellers ... crab' index is any measure. Prices for the food delicacy have dropped between 30 and 50 per cent, in part due to the global economic crisis. Crab industry official Yang Weilong said he believed ...

  6. China can do more on WTO pact, says British minister

    Posted Jul 23rd 2003, 12:00am by Bill Savadove

    ... O'Brien said greater opening of the financial services sector would help the mainland develop a more efficient banking industry and stock market. The minister also called on the mainland to take ...

  7. Beware bad property loans, bank warns

    Posted Sep 02nd 2006, 12:00am by Bill Savadove

    ... estate speculation. In its first Shanghai Financial Stability Report, the Shanghai headquarters of the People's Bank of China said 'new problems' increasing financial risks to the city included the property sector, sources of economic growth, and perfecting the financial system, according to a statement. 'For Shanghai [to succeed in] building an international ...

  8. Shanghai key to growth in western regions, says Wen

    Posted Sep 01st 2003, 12:00am by Bill Savadove

    ... officials after tycoon Chau Ching-ngai was detained in relation to financial problems. Ending a three-day visit to Shanghai, Mr Wen said the city played a valuable role in supporting the development ... in central and western China as well as the country's traditional industrial bases in the northeast.' Reiterating goals set down by the local government, Mr Wen said Shanghai should seek ...

  9. Shanghai announces spending plans

    Posted Nov 13th 2008, 12:00am by Bill Savadove

    ... Bill Savadove in Shanghai Shanghai's top leader has vowed to boost infrastructure construction and government spending to maintain economic growth amid the global financial slowdown, ... increase investment in technology and other industries and projects deemed vital for the city's future. Scholars said these included high-end manufacturing and the aerospace industry. The city ...

  10. Wen urges rapid growth to fight global slowdown

    Posted Jul 07th 2008, 12:00am by Bill Savadove

    ... and promote good and rapid development of the economy,' Mr Wen said during a three-day trip to Jiangsu province and the financial capital Shanghai, which ended yesterday. His remarks came ahead ... to the economy and society. The mainland recently raised oil and petrol prices for the first time since November, causing a knock-on effect in other industries. Consumer prices rose 7.7 per cent in May ...




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