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  1. Beijing speaks out, reflecting new confidence

    Posted Mar 30th 2009, 12:00am by Wang Xiangwei

    ... of the need for a new monetary order and reform of the international financial system. It culminated on Friday when Vice-Premier Wang Qishan, the highest official in charge of financial affairs, ... Wang Xiangwei For years, mainland leaders pursued the well-worn approach of taoguang yanghui, or hiding its capabilities and biding its time, as far as multilateral global affairs were ...

  2. Bank to give HK a miss for IPO

    Posted Sep 28th 2009, 12:00am by Wang Xiangwei

    ... Wang Xiangwei in Beijing Agricultural Bank of China (ABC), the only unlisted bank among the mainland's top four lenders, intends to launch its long-awaited initial public offering in Shanghai only, according to mainland banking sources briefed on the matter. The move will probably be perceived as a snub to Hong Kong and dash the hopes of international investment banks eyeing ...

  3. 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 ...

  4. Beijing needs to be sober-minded over oil quest

    Posted Jul 06th 2009, 12:00am by Wang Xiangwei

    ... Wang Xiangwei The mainland's oil ambitions know no bounds, judging from the flurry of mega deals in the past few months. The latest attempt by China National Petroleum Corp (CNPC), the mainland's biggest oil company, to purchase the majority interest in the Argentinian unit of Spanish energy giant Repsol-YPF for US$17 billion has raised more than a few eyebrows at home and abroad, ...

  5. Optimism aside, fresh stimulus package needed

    Posted Apr 27th 2009, 12:00am by Wang Xiangwei

    ... Wang Xiangwei How time flies. Until just a little more than one month ago, Premier Wen Jiabao appeared to be one of the few Chinese leaders to preach confidence in the mainland's faltering economic growth since the global crisis began last autumn, with his one-liner 'confidence is more important than gold and currency'. Nowadays Mr Wen has more and more followers ...

  6. Taiwanese tycoon to take stake in ATV

    Posted Jan 29th 2009, 12:00am by Wang Xiangwei, Staff Reporter

    ... Wang Xiangwei and Staff Reporters 'Rice cracker king' offers lifeline Taiwanese billionaire Tsai Eng-meng has agreed to inject funds to shore up the finances of loss-making Asia Television, triggering changes in the broadcaster's shareholding structure, according to informed sources. Mr Tsai, whose net worth is estimated by Forbes at US$2.6 billion, signed a preliminary ...

  7. China Mobile seeks mainland listing

    Posted May 20th 2009, 12:00am by Staff Reporter

    ... said after a shareholders' meeting yesterday. In a meeting in London last week between Vice-Premier Wang Qishan and Chancellor of the Exchequer Alistair Darling, the Chinese government ... to chairman Wang Jianzhou. The operator, which listed in Hong Kong and New York in 1997, would apply to issue CDRs once related rules were announced, Mr Wang said. The company had studied the matter ...

  8. Two national leaders among 'influential 100'

    Posted Apr 30th 2009, 12:00am by Simon Parry

    ... Simon Parry Vice-President Xi Jinping and Vice-Premier Wang Qishan will be in a yearly list of the world's 100 most influential people to be published by Time magazine tomorrow. Jack ... been done before and succeeds... Wang Qishan thinks globally- and because of that, China and the world are better off.' Mr Xi is introduced to Time readers as 'the most likely ...

  9. Vice-premier warns against acquisition rush

    Posted Mar 10th 2009, 12:00am by Martin Zhou

    ... Martin Zhou in Beijing Vice-Premier Wang Qishan yesterday poured cold water on mainland companies' overseas acquisition ambitions amid plunging asset prices worldwide, urging Chinese entrepreneurs to think carefully before embarking on bargain hunting. Mr Wang's remarks on the issue, the first by a policymaker, have reflected the concerns of the central government over ...

  10. Stable growth remains an uphill task, warns vice-premier

    Posted Apr 27th 2009, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai Vice-Premier Wang Qishan issued a rare ominous warning on the economic outlook, saying the mainland still faced an uphill task in achieving stable growth ... expected recovery in the world's third-largest economy. Mr Wang told a government conference in Anhui province yesterday that China should not get carried away amid the better than expected ...




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