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  1. Capital targets unregistered non-residents

    Posted Jan 01st 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Beijing police have launched a campaign to get all non-residents to register with public security authorities in an effort to tighten the grip on the floating population before next summer's Olympic Games, sources say. Under the measure, non-residents staying in the capital for more than 24 hours must register at the police station in the jurisdiction ...

  2. China's thirst for energy no threat: Beijing

    Posted Dec 27th 2007, 12:00am by Cary Huang

    ... Cary Huang in Beijing White paper stresses reliance on domestic power resources China poses no threat to global energy supplies because it will continue to rely on its big coal and natural gas reserves, develop alternative sources of energy and improve efficiency, Beijing's first white paper on energy says. Although the mainland's energy consumption is growing rapidly, ...

  3. Top jobs for two presidential allies

    Posted Dec 03rd 2007, 12:00am by Cary Huang

    ... Cary Huang in Beijing The party boss of Sichuan - a protege of President Hu Jintao - has been appointed to head the party's United Front Work Department, according to a statement issued by the party's Central Committee yesterday. Du Qinglin, 51, will replace Liu Yandong, also a close ally of the president who ascended to the all-powerful Politburo at the party's ...

  4. Mainland pushes securitisation despite subprime turmoil

    Posted Nov 01st 2007, 12:00am by Cary Huang

    ... Cary Huang in Beijing The mainland will go ahead with plans to introduce securitisation despite the turbulence triggered by the meltdown in US subprime mortgages, People's Bank ... easily reject,' Mr Zhou told a financial forum at Beijing's Tsinghua University. Citigroup chief Asia economist Huang Yiping said Mr Zhou's remarks suggested the government would ...

  5. Leaders set to draft economic road map

    Posted Nov 22nd 2007, 12:00am by Cary Huang

    ... Cary Huang in Beijing Measures related to HK on the agenda President Hu Jintao will chair the first meeting of the new Politburo in the next two weeks to discuss major economic issues and outline the policy agenda for the coming year, including measures related to Hong Kong's economic development, according to reliable sources. The meeting will be the first since a new ...

  6. Wen signals through-train on slow track

    Posted Nov 04th 2007, 12:00am by Cary Huang

    ... Cary Huang in Beijing Premier sets four conditions for direct investment in HK stocks Premier Wen Jiabao has sounded a note of caution on the much-hyped plan to allow mainlanders to invest directly in Hong Kong-listed shares. In his first remarks on the issue, Mr Wen outlined four conditions for the scheme's implementation. Among them, he said Beijing must look carefully ...

  7. PBOC official calls for tax on hot money

    Posted Nov 09th 2007, 12:00am by Cary Huang

    ... Cary Huang in Beijing A central bank official has urged the government to consider taxing speculative foreign capital, in a remark highlighting Beijing's growing concerns about massive inflows of hot money. Guo Jianwei, who heads the interest-rate policy section under the People's Bank of China's monetary policy department, wrote in an essay ...

  8. Hu makes peace offer to Taiwan

    Posted Oct 16th 2007, 12:00am by Cary Huang

    ... Cary Huang in Beijing President vows cautious reforms and more balanced and sustainable economic growth President and party general secretary Hu Jintao yesterday opened the all-important 17th National Congress with an offer to Taiwan to negotiate a peace agreement, along with pledges of cautious political reforms and more balanced and sustainable economic growth. 'Here, we ...

  9. CCB chief blasts US for stalling mainland forays

    Posted Oct 18th 2007, 12:00am by Cary Huang

    ... Cary Huang and Kristine Kwok in Beijing State banks complain of bias as they seek overseas growth China Construction Bank Corp chairman Guo Shuqing said the lender's plans to expand into the United States had been frustrated by regulators there whom he accused of being prejudiced against companies from the mainland. But he denied speculation that his bank's US plans include ...

  10. Proposed charter changes endorsed

    Posted Oct 13th 2007, 12:00am by Cary Huang

    ... Cary Huang in Beijing Amendments to party constitution approved The Communist Party elite ended a four-day plenum yesterday, giving their blessing to political documents that will strengthen President Hu Jintao's grip on power and endorsing a decision to expel the former Shanghai party boss from the party. At the end of the seventh plenum of the 16th Central Committee, ...




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