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  1. 'We will not make details of the prize scheme public until after the Games'

    Posted Aug 12th 2008, 12:00am by Martin Zhou

    ... Athletes are not only after glory and medals but a huge cash windfall and job security, writes MARTIN ZHOU When Guo Wenjun stood on the podium after winning the 25-metre air pistol on Sunday, memories of harder times can't have been far from her thoughts. Five years ago, the 24-year-old failed to even make it into the first-team squad for her city, Xian, signalling what ...

    http://www.scmp.com/article/648766/we-will-not-make-details-prize-scheme-public-until-after-games
  2. Touts cashing in on red-hot tickets

    Posted Sep 08th 2007, 12:00am by Martin Zhou

    ... Martin Zhou in Beijing Prices for opening ceremony, 110m hurdles and soccer finals soar on internet Cash-hungry ticket holders are rubbing their hands in glee as the black market promises huge returns on admissions to the glamour events at next year's Olympics. An internet-driven black market is seeing prices soar for seats for the 110-metres hurdles, featuring Chinese ...

    http://www.scmp.com/article/607051/touts-cashing-red-hot-tickets
  3. Business - Banking & Finance - MONETARY POLICY

    Beijing to reduce intervention in yuan when time is right, PBOC chief says

    Posted Jul 10th 2014, 03:07pm by Kwong Man-ki

    ... and supply will play a bigger role in determining the exchange rate, expanding its floating range and increasing the flexibility of the currency," People's Bank of China governor Zhou ... Zhou said, adding market interventions would be reduced when conditions allow it. However, the central bank would remain cautious in pushing forward exchange rate reform, as the global market ...

    http://www.scmp.com/business/banking-finance/article/1551060/beijing-reduce-intervention-yuan-when-time-right-pboc-chief
  4. Business - Banking & Finance - CURRENCIES

    Yuan decades away from being global reserve currency

    Posted Apr 11th 2014, 10:18am by Victoria Ruan

    ... the yuan's global status to match the growing power of the world's second-largest economy, although People's Bank of China governor Zhou Xiaochuan acknowledged last month that Beijing still ...

    http://www.scmp.com/business/money/article/1475607/yuan-decades-away-being-global-reserve-currency
  5. Business - Economy - CURRENCY

    Beijing says yuan has reached equilibrium against US dollar

    Posted Oct 15th 2012, 12:00am by George Chen

    ... are slim that the yuan will continue rising significantly. People's Bank of China governor Zhou Xiaochuan, in a speech delivered in Tokyo on his behalf by one of his deputies, stressed ... Mitt Romney, that the currency is deliberately undervalued. Zhou said the central bank had refrained from intervening in the market in the past year, while the exchange rate had remained ...

    http://www.scmp.com/business/economy/article/1061244/beijing-says-yuan-has-reached-equilibrium-against-us-dollar
  6. Business - Economy - CURRENCIES

    Yuan and Australian dollar to start direct trading

    Posted Apr 09th 2013, 12:00am by Bloomberg

    ... and retained Zhou Xiaochuan as central bank governor, a vote of confidence in policies that include promoting the usage of yuan in global trade and finance. Zhou is seeking to reduce reliance on the US ...

    http://www.scmp.com/business/economy/article/1210352/yuan-and-australian-dollar-start-direct-trading
  7. Business - Economy - ECONOMY

    No relief from yuan pain for exporters

    Posted Jun 10th 2013, 12:00am by Victoria Ruan

    ... to channel hot money into the mainland by moving goods into and out of Hong Kong and bonded areas in fake deals. Economists Liu Ligang and Zhou Hao at ANZ bank said: "China's export sector ...

    http://www.scmp.com/business/economy/article/1257403/no-relief-yuan-pain-exporters
  8. Business - Economy - ECONOMY

    PBOC poised to widen trading band of yuan

    Posted Apr 19th 2013, 12:00am by JANE CAI

    ... rate deregulation will pick up." The central government said last month it would hasten reform, and the retention of market-advocate Zhou Xiaochuan as governor of PBOC in March was widely ...

    http://www.scmp.com/business/economy/article/1217839/trading-band-yuan-be-widened
  9. Business - Economy - MARKETS

    Yuan strengthens to highest level against US dollar in 19 years

    Posted Mar 26th 2013, 12:00am by Bloomberg

    ... Capital Markets and Nomura forecasting two increases. PBOC governor Zhou Xiaochuan said on March 13 that the government should be on "high alert" after consumer prices jumped ...

    http://www.scmp.com/business/economy/article/1199772/chinese-yuan-strengthens-highest-level-against-us-dollar-19-years
  10. Shanghai tycoon jailed for 16 years

    Posted Dec 01st 2007, 12:00am by Bill Savadove

    ... Bill Savadove in Shanghai Developer Chau Ching-ngai found guilty of bribery, embezzlement A Shanghai court yesterday sentenced property tycoon Chau Ching-ngai to 16 years in jail on several charges, in a case that has been linked to last year's remov ...

    http://www.scmp.com/article/617879/shanghai-tycoon-jailed-16-years

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