CHIM SAU-WAI

Latest from CHIM SAU-WAI

6 Mar 2015 - 9:56PM
1 Mar 2015 - 8:28PM
20 Jun 2018 - 3:23PM
24 Feb 2015 - 5:44PM
PBOC's Hu appointed to head Exim Bank

People's Bank of China (PBOC) deputy governor Hu Xiaolian has been appointed the chairwoman of Export-Import Bank of China and its Communist Party chief, in the latest reshuffle in the top echelons of the country's central bank.

People's Bank of China (PBOC) deputy governor Hu Xiaolian has been appointed the chairwoman of Export-Import Bank of China and its Communist Party chief, in the latest reshuffle in the top echelons of the country's central bank.

20 Jul 2018 - 2:54PM
20 Jul 2018 - 2:54PM
14 Jun 2018 - 6:03PM
30 May 2016 - 5:09PM
China logistics company helps small businesses with hard-to-get loans

The People's Bank of China rate cut in November last year hasn't made it easier for small enterprises to borrow money, with interest rates on some small loans as high as 20 percentage points above the benchmark, according to a logistics firm that's connecting customers with good credit to banks or small loan companies for loans.

The People's Bank of China rate cut in November last year hasn't made it easier for small enterprises to borrow money, with interest rates on some small loans as high as 20 percentage points above the benchmark, according to a logistics firm that's connecting customers with good credit to banks or small loan companies for loans.

9 Feb 2015 - 1:23AM
30 Jan 2015 - 11:09PM
24 Jan 2015 - 4:16PM
20 Jun 2018 - 4:44PM
Strong dollar, weak oil prices will complicate global investment, says CIC chief

A strong US dollar, weak oil prices and capital flowing back to the United States will make it more difficult to invest internationally this year, says sovereign wealth fund China Investment Corp (CIC).

A strong US dollar, weak oil prices and capital flowing back to the United States will make it more difficult to invest internationally this year, says sovereign wealth fund China Investment Corp (CIC).

19 Jan 2015 - 10:57PM
12 Jan 2015 - 12:02PM
China's high-speed rail gets World Bank vote

The mainland's high-speed rail has a promising initial traffic, the World Bank said in a paper, praising the world's fastest expanding high-speed rail system again.

The mainland's high-speed rail has a promising initial traffic, the World Bank said in a paper, praising the world's fastest expanding high-speed rail system again.

20 Dec 2014 - 6:58AM
Luxury apparel brands set up shop on Tmall as demand falls in mainland China

Luxury apparel brands are launching online stores on Tmall amid falling demand on the mainland as the country's luxury consumption is expected to decline this year for the first time in a decade.

Luxury apparel brands are launching online stores on Tmall amid falling demand on the mainland as the country's luxury consumption is expected to decline this year for the first time in a decade.

20 Dec 2014 - 6:58AM
Hong Kong port losing market share in south China

A report on Hong Kong's port development commissioned by the government found that the city has been facing more competition from other south China ports.

A report on Hong Kong's port development commissioned by the government found that the city has been facing more competition from other south China ports.

19 Dec 2014 - 9:35AM
A tour of gloom and doom at China's trade centres

"There are so few visitors and I don't want to pay the rent," says Du, a shoe seller who rents a store of about 30 sqmetres in a gigantic new trade centre on the southern outskirts of Zhengzhou, the capital of Henan province.

"There are so few visitors and I don't want to pay the rent," says Du, a shoe seller who rents a store of about 30 sqmetres in a gigantic new trade centre on the southern outskirts of Zhengzhou, the capital of Henan province.

15 Dec 2014 - 12:32PM
13 Dec 2014 - 8:48AM
EC disclosure on air cargo findings clears way for damages claims

A move by the European Union's top executive body to disclose the details behind an air cargo cartel that prompted it to fine 11 airlines will make it easier for logistics companies to press for damages.

A move by the European Union's top executive body to disclose the details behind an air cargo cartel that prompted it to fine 11 airlines will make it easier for logistics companies to press for damages.

4 Dec 2014 - 4:41AM
Cathay Pacific among airlines sued over price-fixing

German railway operator Deutsche Bahn is seeking damages of about US$2.5 billion from more than a dozen airlines, including Cathay Pacific Airways, arising from lawsuits that allege the carriers engaged in cargo cartels.

German railway operator Deutsche Bahn is seeking damages of about US$2.5 billion from more than a dozen airlines, including Cathay Pacific Airways, arising from lawsuits that allege the carriers engaged in cargo cartels.

2 Dec 2014 - 12:20PM
China's export growth outpaces most major economies in third quarter

Exports grew strongly in China and India in the third quarter of the year but slowed in other major economies, according to international trade statistics from the Organisation for Economic Cooperation and Development.

Exports grew strongly in China and India in the third quarter of the year but slowed in other major economies, according to international trade statistics from the Organisation for Economic Cooperation and Development.

28 Nov 2014 - 4:35AM
Wenzhou-based private commercial bank could launch soon – state backed paper

A Wenzhou-based private commercial bank could launch before the end of the year, according to a financial newspaper that quoted anonymous sources.

A Wenzhou-based private commercial bank could launch before the end of the year, according to a financial newspaper that quoted anonymous sources.

27 Nov 2014 - 2:16AM
Yuexiu rides bullish mood with 6.45b yuan Guangzhou land purchase

The bullish mood on the stock markets after the mainland's first cut in interest rates in more than two years spilled over into the land market yesterday, with a Guangzhou developer paying 6.45 billion yuan (HK$8.1 billion) for a site in the city.

The bullish mood on the stock markets after the mainland's first cut in interest rates in more than two years spilled over into the land market yesterday, with a Guangzhou developer paying 6.45 billion yuan (HK$8.1 billion) for a site in the city.

25 Nov 2014 - 5:00AM
SF Express aims to increase cargo aircraft fleet to 100 by 2018

SF Express, the largest private express logistics company on the mainland, is mulling whether to expand full logistics services to Europe and aims to increase its cargo aircraft fleet to 100 planes by 2018 from 36 now.

SF Express, the largest private express logistics company on the mainland, is mulling whether to expand full logistics services to Europe and aims to increase its cargo aircraft fleet to 100 planes by 2018 from 36 now.

19 Nov 2014 - 3:34AM
Beijing approves 5 more railway projects

The mainland has approved construction of five railway projects worth 152.7 billion yuan (HK$192.4 billion), the National Development and Reform Commission said, taking the number of railway projects approved since July to 21.

The mainland has approved construction of five railway projects worth 152.7 billion yuan (HK$192.4 billion), the National Development and Reform Commission said, taking the number of railway projects approved since July to 21.

18 Nov 2014 - 4:59AM
Hong Kong firms wary on fourth-quarter air shipments

A survey has shown that companies in Hong Kong that ship goods by air are cautious about the outlook for shipments in the fourth quarter, the traditional peak season, owing to declining orders from Europe and weak demand for luxury goods.

A survey has shown that companies in Hong Kong that ship goods by air are cautious about the outlook for shipments in the fourth quarter, the traditional peak season, owing to declining orders from Europe and weak demand for luxury goods.

13 Nov 2014 - 10:06AM
China CNR and CSR Corp said forming joint venture for international projects - report

China CNR Corp and CSR Corp, the country's two biggest train makers currently discussing a merger, are likely to combine their overseas assets and projects into a joint venture to focus on global expansion.

China CNR Corp and CSR Corp, the country's two biggest train makers currently discussing a merger, are likely to combine their overseas assets and projects into a joint venture to focus on global expansion.

13 Nov 2014 - 3:31AM
Chiyoda Steel to sue Bank of China Hong Kong in steel finance case

Japanese firm Chiyoda Steel plans to proceed to a full trial against Bank of China (Hong Kong) for not honouring its letter of credit because the words "steel grade" were missing in the trade document.

Japanese firm Chiyoda Steel plans to proceed to a full trial against Bank of China (Hong Kong) for not honouring its letter of credit because the words "steel grade" were missing in the trade document.

7 Nov 2014 - 6:34AM
Sinotrans stock plunges on fraud fears

Shares in state-owned logistics firm Sinotrans were suspended from trading after falling up to 27.9 per cent earlier after media reported that subsidiaries of its parent company were involved in fraudulent inventory management.

Shares in state-owned logistics firm Sinotrans were suspended from trading after falling up to 27.9 per cent earlier after media reported that subsidiaries of its parent company were involved in fraudulent inventory management.

6 Nov 2014 - 5:12PM