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  • November 26, 2014
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Results 1 - 10 of 18 for republic of china

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  1. Mainland exports jump 7.5pc in first increase in 8 months

    Posted Jul 11th 2009, 12:00am by Toh Han Shih

    ... was accelerating rapidly, close to 8 per cent annual growth, it added. Jing Ulrich, the managing director of China equities at JP Morgan, said the mainland's monthly trade surplus narrowed to US$8.25 ... indicates warming up of imports amid weak exports,' he said. 'China's economy is picking up while the global economy is struggling. The green shoots of global recovery have ...

  2. Private, foreign role to grow as rail sector booms

    Posted Jan 05th 2009, 12:00am by Toh Han Shih

    ... World Development, in 2006 invested in 22 per cent of a 12 billion yuan joint venture to build and operate rail container terminals and related facilities in China. Other investors in this joint venture include the railways ministry, China International Marine Containers Group, and Deutsche Bahn, the leading German rail company. One example of private mainland investment ...

  3. Rail builder CRCC set to exceed 322b yuan target for new orders

    Posted Sep 03rd 2009, 12:00am by Toh Han Shih

    ... Toh Han Shih China Railway Construction Corp (CRCC), one of two dominant railway building firms in the country, is well on its way to surpassing its target of 322.1 billion yuan (HK$365.49 ... in the second half given the continued focus of government stimulus spending,' according to a Macquarie report. 'With China's Ministry of Railways revising up its 2010 to 2012 capital ...

  4. 600b yuan budgeted for urban railway projects

    Posted Nov 11th 2008, 12:00am by Toh Han Shih

    ... a mainland research official as having said. Provincial capitals are among the cities expected to get approval for rail projects. 'In the next seven years, China's investments in urban rail ... on the heels of the government's announcement of a 4trillion yuan stimulus package, which experts said was necessary but not sufficient to restore China's economic growth. 'I expect more ...

  5. CSRC finds flaws in China Railway's corporate governance

    Posted Nov 01st 2008, 12:00am by Toh Han Shih

    ... Toh Han Shih The China Securities Regulatory Commission has discovered flaws in China Railway Group's corporate governance, including failure to get board approval for executive salaries. The CSRC went to the state-owned firm's Beijing headquarters on October 15, 16, 17 and 21 and interviewed executives including chairman Shi Dahua and president Li Changjin, China ...

  6. Asset-abuse law enforcement faces hurdles

    Posted Sep 15th 2008, 12:00am by Toh Han Shih

    ... to appoint and remove senior executives at the companies under its administration. 'Traditionally, the central government invoked China's existing Company Law to supervise central SOEs which turned out to be not quite effective,' said Xing Zhiqiang, an analyst at Sino-foreign investment bank China International Capital Corp. Cheng Xian, a lawyer at Sam & Partners, ...

  7. Railway builders report 2.26b yuan in forex losses

    Posted Oct 24th 2008, 12:00am by Toh Han Shih

    ... exchange losses. State-owned China Railway Group reported a net foreign exchange loss of 1.94 billion yuan on the Australian dollar for the first nine months of the year, almost twice as much as analysts expected. China Railway's foreign exchange loss arose from US$1.5 billion in structured deposits it bought to hedge against foreign currencies with the approval of the country's ...

  8. Economists say 'wasted' spending may hinder mainland GDP growth

    Posted Jun 29th 2009, 12:00am by Toh Han Shih

    ... in the longer term, economists warned. 'China's infrastructure stimulus will be good for short-term economic growth but not the medium term, because of excess capacity,' said Charles Dumas, the chief economist at Lombard Street Research. Annual growth would average 6 per cent for the next five to 10 years, he predicted. 'The average of 10 per cent GDP growth China had ...

  9. Sino-US trade marriage 'bound to end in tears'

    Posted Mar 21st 2006, 12:00am by Toh Han Shih

    ... Protectionist measures will increase as correction spreads, writes Toh Han Shih The symbiotic trading partnership between the United States and China will cause both economies to slow down over the next two years, dragging down other Asian markets, experts predict. Sino-US trade now stands at US$300 billion annually, while the US trade deficit with China widened to US$202 billion ...

  10. Business - Banking & Finance - BANKING

    Hong Kong and mainland creditors seek Lehman Brothers payout

    Posted Jul 18th 2014, 02:57am by Toh Han Shih

    ... be paid to them, according to the court document. This includes a maximum of US$14.48 million that can be paid to the Export-Import Bank of China, US$3.18 million to the Investment Company of the People's Republic of China, and US$1.21 million to China Citic Bank. The fund will also pay almost US$583,600 to the Monetary Authority of Singapore. The city state's sovereign wealth fund, ...




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