Date
17 August 2019

World

  • Taiwan Oct exports down 1.5% at US$26.1 bln, statement says

    Nov 8, 2013 10:16am
    Taiwan’s exports in October dropped 1.5 percent to US$26.12 billion from a year earlier, the second monthly dip in a row, the island’s finance ministry said in a statement on Thursday. Yeh Maan-tzwu, director general of...
  • General City Scenes As China Urges Economic Policy Implementation to Spur Rebound

    The Big Picture: WATER PRICING

    Nov 8, 2013 8:24am
    Under a new nationwide pricing mechanism designed to reduce water wastage, China will make heavy users of the vital resource pay more, a senior official reiterated Thursday. Guo Jianying {郭劍英}, deputy inspector of the price department of...
  • Hundreds of smuggling cases uncovered, website says

    Nov 8, 2013 8:08am
    Chinese authorities have uncovered 700 smuggling cases worth a combined 13.2 billion yuan (US$2.17 billion) during July to October, news portal legaldaily.com.cn reported Thursday, citing government sources. The cases involved 2.8 billion yuan of unpaid taxes by 368 export firms,...
  • Shanghai FTZ given three years to undertake reforms, paper says

    Nov 8, 2013 7:58am
    The State Council is said to have given the Shanghai Free Trade Zone a period of three years to implement 72 reforms and establish a system that could be replicated outside the zone to contribute to...
  • Govt to keep growth within reasonable range, website says

    Nov 8, 2013 7:09am
    Premier Li Keqiang {李克強} said the government will keep economic growth within a reasonable range while pursuing reform, state-backed web portal www.gov.cn reported Thursday. The economy is so big any significant volatility will make its development hard to sustain...
  • Shanghai PM2.5 density nearly 4 times China limit, paper says

    Nov 8, 2013 6:55am
    Shanghai experienced this autumn’s first heavily polluted day on Thursday with the PM2.5 density nearly four times the national limit, Shanghai Daily reported. The reading for the airborne particulates with diameter of 2.5 micrometers or less...
  • US firm banned after poor Chinese audits, WSJ says

    Nov 8, 2013 6:51am
    United States regulators have banned a New York firm and four of its employees from auditing public companies after they failed to properly audit three US-listed Chinese firms, the Wall Street Journal reported Thursday. The sanctions against Sherb...
  • Deutsche Bank gets nod for FTZ, paper says

    Nov 8, 2013 6:41am
    Deutsche Bank (China) has received approval to open a sub-branch in the Shanghai free trade zone, Shanghai Daily reported Friday. The unit will offer cross-border corporate banking services. The bank sees new opportunities for FTZ players that can...
  • Li Keqiang pushes Sino-US investment pact, Xinhua says

    Nov 8, 2013 6:25am
    Chinese Premier Li Keqiang is hopeful of progress in talks on a bilateral investment treaty with the United States, the official Xinhua news agency reported Friday. He called for a level playing field for Chinese investors in...
  • Police vow to safeguard Tibet stability, website says

    Nov 7, 2013 3:08pm
    Security forces in Tibet vowed to safeguard the stability of the autonomous region, government-backed Chinatibetnwes.com reported Wednesday, citing a police conference in Nagqu Prefecture. The security forces also held a military exhibit during the meeting. – Contact...
  • Taiwan, Singapore sign free trade pact, WSJ says

    Nov 7, 2013 3:02pm
    Taiwan has signed a free trade agreement with Singapore, its first with a Southeast Asian economy, as the island continues to raise its international profile and lessen its dependence on the Chinese mainland, the Wall Street...
  • Guizhou, Tianjin lead 3Q GDP growth, paper says

    Nov 7, 2013 1:37pm
    Guizhou province and Tianjin led the nation in economic growth in the third quarter, with their gross domestic product expanding 12.6 percent during the period, China Business News reported Thursday, citing government data. All provinces except...
  • China pushes to seal trilateral FTA deal, Kyodo says

    Nov 7, 2013 10:48am
    China, Japan and South Korea should strive to finish talks on a planned free trade agreement soon, Kyodo news agency reported Wednesday, citing Song Yaoming, deputy director of the Ministry of Commerce’s department of Asian affairs. Opening the Yellow...
  • Premier Li calls for agricultural reforms, govt says

    Nov 7, 2013 8:53am
    Premier Li Keqiang {李克強} said China’s rural reform has entered a new phase and that more initiatives are necessary to facilitate agricultural modernization, according to information posted on the government portal Wednesday. Li stressed that it...
  • High divorce rate among young couples in Shanghai, paper says

    Nov 7, 2013 8:47am
    Young couples seeking divorces accounted for almost a third of family and marriage disputes heard by a Shanghai court over the past three years, Shanghai Daily reported Thursday. The Huangpu District People’s Court was quoted as saying...
  • German firm sees 20% growth in China filtration biz, paper says

    Nov 7, 2013 8:36am
    Germany’s Freudenberg Group expects its filtration business to continue to grow by more than 20 percent annually in China as the nation strives to improve its air quality, Shanghai Daily reported Thursday. The company, which provides air...
  • Shanghai still expat favorite, Xinhua says

    Nov 7, 2013 8:36am
    Shanghai remains the top choice of foreigners among mainland cities, the official Xinhua news agency reported Wednesday, citing a survey by the China Association for International Exchange of Personnel. Shanghai beat 29 other cities in the Chinese...
  • General Stock Exchange And City Views

    The Big Picture: WIDER FINANCIAL REFORM

    Nov 7, 2013 8:26am
    Liu Mingkang {劉明康}, former head of the China Banking Regulatory Commission (CBRC), said financial reform should be rolled out nationwide by the central government instead of stemming from a trial program in any single city. On...
  • Chinese firms seen making up 20% of Fortune 500, CNS says

    Nov 7, 2013 8:12am
    As many as 120 Chinese companies will be on the Fortune 500 by 2025, making up 20 percent of the global ranking of leading industries, China News Service reported Wednesday, citing the McKinsey Global Institute. Also, the number...
  • Implementation of reforms at the local level will be key to their broader success. Photo: Bloomberg

    POLICY WATCH: Local hands key to unlocking national reform

    - Nov 7, 2013 7:12am
    For months Beijing’s focus has been on one big idea: overhauling the way the government operates to pave the way for structural changes to the economy. It involves pushing the authorities to the market sidelines so...

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