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  • September 17, 2014
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  1. Comment - Insight & Opinion

    Currency reforms won't be stalled by yuan volatility

    Posted May 30th 2013, 12:00am by JU WANG

    ... Ju Wang Ju Wang assesses efforts to curb speculation amid the liberalisation drive Currency reforms won't be stalled by yuan volatility The renminbi has experienced increasing ... of the renminbi means that net exports are becoming a less important part of the growth story as China marches down the road towards economic rebalancing. Ju Wang is a senior Asian foreign exchange ...

  2. Corruption in education a key concern

    Posted Nov 02nd 2009, 12:00am by Wang Xiangwei

    ... Wang Xiangwei The mainland leadership's decision to remove unpopular education minister Dr Zhou Ji over the weekend may seem abrupt, but it was not unexpected. It's actually a welcome development. As the central government maps out educational reforms for the medium and long term, Zhou's removal may signal a new start. At 63, he was two years short ...

  3. Idea of cash giveaway sparks debate on best way to close widening income gap

    Posted Mar 03rd 2008, 12:00am by Wang Xiangwei

    ... Wang Xiangwei Over the past few days, one news report has fired up debates in the state media and in internet chat rooms, and is most likely to echo strongly in the annual plenary sessions of the National People's Congress and the Chinese People's Political Consultative Conference, which open this week. It is about a simple suggestion made by a Shanghai CPPCC member - a grand ...

  4. Beijing must rein in local authorities

    Posted Jul 16th 2007, 12:00am by Wang Xiangwei

    ... When President Hu Jintao came to power in late 2002 and Premier Wen Jiabao in early 2003, trumpeting their policy of putting the people first, expectations ran so high that the state media and some overseas media in Hong Kong affectionately hailed the era ...

  5. Premier needs to make progress in tackling bloated bureaucratic budget

    Posted Mar 07th 2006, 12:00am by Wang Xiangwei

    ... Congress Briefing When Premier Wen Jiabao pledged on Sunday to push ahead with economic reforms, he highlighted the reform of administration and government functions as key initiatives. 'The process of transforming government functions is behind sche ...

  6. Business - Economy - CURRENCIES

    Yuan jumps to 6-month high against US dollar

    Posted Sep 10th 2014, 04:05am by Jeanny Yu

    ... if appreciation continues," said Wang Qinwei, an economist at Capital Economics. "In a sense, this is a victory for the PBOC, which has been trying to undermine the belief that the yuan would ...

  7. Imperial tactics enlisted in anti-graft fight

    Posted Aug 27th 2003, 12:00am by Wang Xiangwei

    ... Central government envoys to inspect and monitor senior provincial officials The central authorities, anxious to curb rampant corruption among senior provincial officials, have adopted a tactic used by emperors in the past. Special envoys are to be sent t ...

  8. Premier admits that economy could overheat

    Posted Jul 27th 2006, 12:00am by Cary Huang, Wang Xiangwei

    ... Premier Wen Jiabao admitted for the first time yesterday that the mainland's economy was in danger of overheating, calling for 'forceful measures' to rein in rapid growth in investment and lending, and promising to enhance the yuan's f ...

  9. Wang On joins venture to build produce market

    Posted Jul 14th 2007, 12:00am by Staff Reporter

    ... Jasmine Wang Wang On Group, the largest operator of wet markets in Hong Kong, will pay 58 million yuan in cash for a 50 per cent stake in a joint venture to develop an agricultural ... and Changzhou in Jiangsu province, and Dongguan in Guangdong province. Xuzhou market is the largest with a trade value of 10.5 billion yuan. Wang On's shares closed 3.06 per cent lower at 47.5 HK ...

  10. Business - Economy

    PBOC approves individual outward investment pilot: report

    Posted Jun 25th 2013, 11:23am by Reuters

    ... for final approval, the official Shanghai Securities News quoted Wang Jingwu, president of the Guangzhou branch of the People’s Bank of China, as saying at the Guangdong province Financial Work ... flows. Separately, Wang also said that China’s State Administration of Foreign Exchange had chosen Guangdong as a site for a pilot project allowing multi-national companies to centrally manage ...




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