Zhejiang

Lawyer who takes pride in picking hard battles

Yuan Yulai doesn't shy away from a challenge, even if it means squaring off against local governments on the mainland.

Sunday, 12 February, 2012, 12:00am

Xinhua stands up for woman facing death

In two unexpected articles, the state-run Xinhua News Agency has shown what appears to be sympathy for 29-year-old billionaire businesswoman Wu Ying, who was recently sentenced to death for fraud.

8 Feb 2012 - 12:00am

Head of schools empire held over illegal loan scam

Police in Wenzhou, Zhejiang province, have detained the head of a massive education empire on allegations he took illegal loans totalling around 2.2 billion yuan (HK$2.7 billion).

6 Feb 2012 - 12:00am

Praise and criticism for former police chief

Chongqing's municipal government has praised the city's former police chief, Wang Lijun, for his contribution to the fight against corruption, but also described him as 'short-tempered' and 'outspoken'.

4 Feb 2012 - 12:00am

Photographer lets urban images do the talking

Shen Xiaoming, a 37-year-old Shenzhen-based freelance photographer also known as Bai Xiaoci, has been recording the urbanisation process across the mainland for four years through his camera lens, focusing on people's lives, homes and streets. In one of his latest projects, he zoomed in on government buildings. His photos have sparked online accusations of government corruption and waste.

15 Jan 2012 - 12:00am

Doubts remain on railway safety

Beijing seems to think it has made all the right moves and noises since the high-speed-rail accident near the Zhejiang town of Wenzhou last July. An investigation has been carried out and a report issued, top officials have been sacked and arrested, and the brakes put on breakneck construction and speeds. But confidence has not yet returned.

2 Jan 2012 - 12:00am

World Bank accuses 11 firms of corruption

Eleven mainland companies are on a corruption and fraud blacklist compiled by the World Bank.

Top of the list is the UK with 49 offenders, followed by Bangladesh with 38 and Indonesia with 37. The US has 17 companies and persons on the black list.

13 Dec 2011 - 12:00am

Cracks in economic miracle becoming harder to ignore

Rumblings of discontent are starting to echo across the Yangtze River Delta. Dissatisfaction and frustration seem to be bubbling up among the worker bees who keep the world's factory ticking.

A pattern of strikes that began in the south of the country appears to have spread to the mainland's other industrial heartland.

10 Dec 2011 - 12:00am

Wenzhou gives nod to private lenders

Wenzhou, regarded as the mainland's capital of private enterprise, plans to create an additional 120 microcredit firms in the next three years as it moves to liberalise private lending.

10 Nov 2011 - 12:00am

Developer gets death sentence for fraud

A property developer in Zhejiang province has been sentenced to death for illegally raising 5.5 billion yuan (HK$6.73 billion) and for fraud involving 1.47 billion yuan. The severe punishment was meted out as the authorities step up a crackdown on pyramid schemes and underground banking.

9 Nov 2011 - 12:00am

Wenzhou sets up fund to rescue small businesses

Wenzhou, known as the hub of privately owned businesses, plans to set up a 5 billion yuan (HK$6 billion) emergency fund to help bail out cash-starved small companies after crises involving underground banks.

3 Nov 2011 - 12:00am

Taxing times

Hundreds of rioters confronted police, set fire to vehicles and hurled stones at public facilities in Huzhou, Zhejiang in a protest over rising local taxes. The trouble flared on Wednesday after reports of a confrontation between a factory owner and tax collectors. Photos: SCMP Pictures

28 Oct 2011 - 12:00am

200 bosses flee their creditors in Zhejiang

More than 200 business owners in Zhejiang, the mainland's cradle of entrepreneurship, fled or went into hiding in the first nine months of this year after their flow of capital dried up, an official report says.

12 Oct 2011 - 12:00am

Zhejiang bond issue seeks to raise 8b yuan

Zhejiang will raise 8 billion yuan (HK$9.76 billion) through a bond issue this year under a pilot scheme which allows local governments to borrow directly from the market, Xinhua said.

The province will use the money to mainly refinance infrastructure projects.

7 Oct 2011 - 12:00am

Internet office threatens action to curb rumours

The mainland's internet regulator issued a new warning yesterday against online rumours that it says disrupt social stability, citing several false stories that had been widely circulated online, Xinhua reported.

1 Oct 2011 - 12:00am