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  • November 24, 2014
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Results 1 - 5 of 5 for offshore yuan trading

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  1. China offshore borrowing hits record

    Posted Jul 29th 2005, 12:00am by Andy Chen, Jamil Anderlini

    ... Jamil Anderlini in Beijing and Andy Cheng Acquisitions and speculation on yuan revaluation help increase lending to US$3.8b so far this year China's offshore borrowing levels have ... offshore. Many firms have nonetheless managed to acquire loans abroad, enabling them to purchase yuan at rates widely seen as unsustainably cheap. Yuan revaluation makes foreign currency loan ...

  2. China Gas commits 215m yuan to Jiangsu joint venture

    Posted Nov 16th 2005, 12:00am by Andy Chen

    ... Andy Cheng Mainland piped-gas supplier China Gas Holdings will invest 215 million yuan in a joint venture in Yangzhou, Jiangsu province. The company said yesterday wholly owned subsidiary Zhongran Investment would hold a 50 per cent stake in the project, which will have an estimated investment of 400 million yuan. Other parties involved in the venture are Yangzhou City Construction ...

  3. Prospects are golden as mainland customers flash yuan cards

    Posted Apr 05th 2005, 12:00am by Andy Chen

    ... $4,000 at the jewellery retailer compared with $2,000 last year. He attributed the rise to the ability to use yuan-denominated credit cards since last April. Mr Lam said the company would open five new shops in Hong Kong this year and would hire 300 additional staff. He said rising interest rates could prompt a temporary drop in gold prices, but gold would keep trading at between ...

  4. HK moves to boost maritime trade

    Posted Jul 20th 2005, 12:00am by Andy Chen

    ... Andy Cheng The government wants to lower port charges and build five new anchorages near Lantau Island to boost maritime trade in Hong Kong, which is losing out to competitors ... the government's annual income by $60 million, the additional maritime trade would compensate for the loss, the spokeswoman said. But Clement Chan, an executive member of the Hong Kong Shippers' ...

  5. China Merchants wins nod for Qingdao port

    Posted Aug 15th 2005, 12:00am by Andy Chen

    ... Andy Cheng in Qingdao 4.5b yuan state-approved facility will include free-trade zone, logistics centre The central government has given China Merchants Holdings International (CMHI) the green light to operate a 4.5 billion yuan port with a free-trade zone and logistics centre in Qingdao, Shandong province, as part of a state pilot scheme. Hu Zheng, executive director ...



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