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  • August 27, 2014
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  1. Business - Banking & Finance

    China sovereign wealth fund may cut US debt holdings

    Posted Jan 15th 2013, 04:42pm by AFP

    ... investment, state media said on Tuesday. The Shanghai Securities News quoted Lou Jiwei, chairman of sovereign wealth fund manager China Investment Corporation (CIC), as telling a conference in Hong ... is weakening,” Lou said. “From a long-term perspective, it is not a good investment target.” However, he added that completely stopping buying of US Treasuries could hurt the fund’s ability to manage ...

    http://www.scmp.com/business/banking-finance/article/1128631/china-sovereign-wealth-fund-may-cut-us-debt-holdings
  2. Sport - Other Sport - CRICKET

    Board charges Lou Vincent and Naveed Arif under anti-corruption code

    Posted May 22nd 2014, 11:43pm by Reuters

    ... Reuters England and Wales Cricket Board levels 20 offences at former Sussex duo over county matches The England and Wales Cricket Board (ECB) has charged former Sussex players Lou Vincent and Naveed Arif under its anti-corruption code, the ruling body said on Thursday. Former New Zealand batsman Vincent has been charged with 14 offences relating to two Sussex matches in August 2011 ...

    http://www.scmp.com/sport/other-sport/article/1518218/board-charges-lou-vincent-and-naveed-arif-under-anti-corruption
  3. Business - China Business - SOVEREIGN WEALTH

    China may put foreign-exchange reserves into US real estate

    Posted May 28th 2013, 12:00am by Bloomberg

    ... then chairman Lou Jiwei told a forum in Hong Kong in January. Lou was named finance minister in March. ...

    http://www.scmp.com/business/china-business/article/1247770/china-may-put-foreign-exchange-reserves-us-real-estate
  4. Business - Economy

    Risks loom on China reform path amid slowing economic growth

    Posted Mar 06th 2014, 12:20pm by Victoria Ruan and Jane Cai

    ... financial authorities outlined contrasting views on where the economy is heading. Finance Minister Lou Jiwei says growth as low as 7.2 per cent is acceptable, provided enough jobs are created, while ... which control local government spending, which cut banqueting, which introduce more transparency into transfer payments etc, all will trigger opposition," Green said. Lou, who last year ...

    http://www.scmp.com/business/economy/article/1441744/risks-loom-china-reform-path-amid-slowing-economic-growth
  5. News - China - 18th PARTY CONGRESS

    China's sovereign wealth fund to focus on Asia investments

    Posted Nov 12th 2012, 12:00am by Reuters in Beijing

    ... in a bid to beat a rise in protectionism in the West and boost exposure to rapid regional growth, chairman and chief executive Lou Jiwei said. The man charged with stewardship of a slice ... of issues like national security," Lou said, adding that while not a major issue yet, he detected rising concern among foreign regulators when CIC partnered with Chinese firms to make ...

    http://www.scmp.com/news/china/article/1080262/chinas-sovereign-wealth-fund-focus-asia-investments
  6. Business - China Business - INVESTMENT

    CIC net profit jumps 60pc on overseas gains

    Posted Jul 27th 2013, 12:00am by XUEJUN CAI

    ... been criticised for its poor returns on investment since its inception in September 2007. But it also poses a challenge for Ding, who replaced Lou Jiwei this month. The new chairman is under ... cent for the five years through to the end of 2012, CIC said in its annual report. "The return was decent in the latter period of Lou Jiwei's tenure, compared to Temasek, ...

    http://www.scmp.com/business/china-business/article/1291646/china-sovereign-fund-cics-2012-profit-jumps-60pc-overseas
  7. Business - Banking & Finance - PARTY CONGRESS

    China central bank, sovereign fund to get new bosses

    Posted Oct 11th 2012, 12:00am by George Chen

    ... said. China Investment Corp, the mainland's US$300 billion sovereign wealth fund, is expected to get a new boss because its present chairman, Lou Jiwei, is likely to get a promotion, after successfully launching the fund about five years ago, according to people in the financial industry who have been briefed on the matter. The sources said that Lou, 61, had now emerged as the front ...

    http://www.scmp.com/business/banking-finance/article/1058241/chinas-financial-leadership-faces-reshuffle
  8. News - China - ECONOMY

    Asia forum to focus on reform and growth

    Posted Apr 08th 2014, 02:40am by Adrian Wan, Li Jing

    ... Friday. Finance Minister Lou Jiwei, Deputy Foreign Minister Li Baodong and Australian Foreign Minister Julie Bishop will discuss the role of Apec in helping trade. Asia Development Bank ...

    http://www.scmp.com/news/china/article/1467844/asia-forum-focus-reform-and-growth
  9. Business - Economy

    China to widen tax on luxury goods

    Posted Aug 29th 2013, 12:00am by BLOOM

    ... yesterday. The news agency cited a report by finance minister Lou Jiwei to the Standing Committee of the National People's Congress. High consumption and import taxes are already driving Chinese ...

    http://www.scmp.com/business/economy/article/1300211/china-widen-tax-luxury-goods
  10. Comment - Insight & Opinion - LEADER

    Ice Bucket Challenge is for charity... and politicking

    Posted Aug 24th 2014, 03:43am by SCMP Editorial

    ... as Chinese University vice-chancellor Professor Joseph Sung Jao-yiu. What began as an attention-grabbing exercise to raise money for research on amyotrophic lateral sclerosis, also known as Lou ...

    http://www.scmp.com/comment/insight-opinion/article/1580140/hong-kong-ice-bucket-challenge-charity-and-politicking

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