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  • August 29, 2014
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Results 1 - 10 of 187 for offshore yuan trading

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  1. News - China - CORRUPTION

    China Resources Power president and Shanxi tycoon detained by authorities

    Posted Aug 26th 2014, 11:42pm by Keira Lu Huang, Angela Meng

    ... the richest man in Shanxi with estimated assets valued at 4 billion yuan (HK$5 billion)- had been detained earlier this month. Zhang is the founder of Shanxi Jinye Coking Coal, the company at the centre of the controversial deal. In 2012, CRP paid Zhang's company 7.9 billion yuan to buy three coal mines and related assets. Minority CRP shareholders last year launched a lawsuit ...

  2. News - China - CORRUPTION

    Zhang Dongsheng, former general director of NDRC finance department, in corporate bond sales probe

    Posted Aug 14th 2014, 03:04am by Reuters, Daniel Ren

    ... that Beijing will intensify its crackdown on illegal bond trading. Zhang Dongsheng, who was the general director of the National Development and Reform Commission's (NDRC) finance department, ... mean that the crackdown on irregularities in bond issuance and on illegal bond trading has deepened," said an NDRC researcher who asked not to be identified. "It is expected that more ...

  3. News - China - CORRUPTION

    SOE chiefs could be next target of anti-graft campaign

    Posted Aug 22nd 2014, 04:30am by MANDY ZUO

    ... limited," he said. According to Xinhua, the approximate 250 A-share companies linked to the government spent a combined total of 6.5 billion yuan (HK$8.2 billion) on receptions in 2012. ...

  4. News - China - CORRUPTION

    How much wealth had Zhou Yongkang's family amassed before the former security tsar's fall?

    Posted Aug 08th 2014, 04:55am by Keira Lu Huang, LAURA ZHOU

    ... reported that the total amount of assets held by the family could be as much as 90 billion yuan, although others expressed doubts over the figure. "If it is really the case, it's ... hundreds of millions of yuan, documents show. With a master's degree in international management studies from the University of Texas at Dallas, Zhou Bin returned to China in the early 2000s, ...

  5. News - China - CORRUPTION

    The village that brought down Guangzhou's Cao Jianliao

    Posted Aug 18th 2014, 05:36am by Mimi Lau

    ... to village officials. Lu Youxing, former village deputy party secretary, received over 1.05 million yuan (HK$1.32 million), HK$80,000 and 7,000 yuan in shopping cards. The trail then led to Cao ... at best fetching 25 yuan per square metre. Property in Zhujiang New Town sells for up to 50,000 yuan per square metre. Xian villager Lu Youfeng said that more than 300 households were still ...

  6. News - China - CORRUPTION

    Deputy chief of CCTV's popular drama station placed under investigation

    Posted Aug 16th 2014, 02:30am by WU NAN

    ... of the network's documentary channel, Liu Wen, are also under official investigation. Caixin also reported that more than 1 million yuan (HK$1.25 million) in cash was found in Li Yong's office. Rui ...

  7. News - China - CORRUPTION

    Former boss of Shanghai-based food giant arrested by anti-graft inspectors

    Posted Aug 12th 2014, 12:07pm by LAURA ZHOU

    ... of the municipality's Huangpu district, the Beijing Times reported. Chen was sacked in 2006 and jailed for 18 years in 2008 for taking 2.4 million yuan (HK$3 million) in bribes and for abuse of power in one ...

  8. News - China - CORRUPTION

    Shanghai officials under scrutiny as Beijing anti-graft inspection team sweeps into city

    Posted Aug 01st 2014, 03:58am by Daniel Ren, Li Jing

    ... Wenyue, who leads the inspection in Shanghai, said the team would pay special attention to disciplinary and legal breaches including taking bribes, trading power for benefits, and abuse of power. ...

  9. News - China - CORRUPTION

    Liaoning businessman probed for alleged ties to ex-PLA chief: report

    Posted Jul 28th 2014, 04:48am by Li Jing

    ... Li Jing jing.li@scmp.com Liaoning businessman probed for alleged ties to ex-PLA chief: report A Liaoning businessman who was a member of the national legislature was reportedly investigated by military prosecutors for alleged ties with disgraced PLA chief Xu Caihou. Wang Chuncheng, 51, chairman of Liaoning-based Chuncheng Industry and Trade Group, was taken away by military ...

  10. News - China - CORRUPTION

    GlaxoSmithKline boss insists he has ‘zero tolerance’ of bribery

    Posted Jul 24th 2014, 01:29pm by The Guardian in London

    ... doctors and health officials up to 3 billion yuan to push the company’s drugs. The China scandal knocked four percentage points off GSK’s otherwise stellar sales growth in emerging markets ...




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