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In new economy, consumption and capital play key roles2009-9-30 9:08:25
The jackrabbit days of 12 percent annual growth in China are over. Still, unlike the economies of most of the rest of the world, the Chinese economy is still moving forward, albeit at a more modest 8 percent annual growth rate. But while eight - a lucky number in China - may be the new 12, today's growth is not the same as yesterday's. Understanding the certainties and unknowns of the nation's new
China boosts int'l use of renminbi with bond sale in HK2009-9-30 9:06:24
The launch of Renminbi sovereign bonds in Hong Kong on Monday shows China's efforts to boost the international use of the yuan step by step, officials and analysts said.The bond issue, worth only 6 billion yuan ($878.5 million), marked a key milestone in the internationalization of the renminbi.Hong Kong was chosen for, and will benefit from, the milestone bond sale thanks to its unique position a
TNT sees little impact on business from postal law changes2009-9-25 9:01:57
China's new postal law, which comes into effect from Oct 1, will have a negligible impact on TNT's mail and express delivery business in China, a company spokesman said, adding that the express delivery service supplier will continue its commitment to investing and growing in the country. The company has launched a new dedicated B747-400 extended range freight service between Hong Kong and Liege i
Geely may tap PE fund2009-9-24 9:39:13
Geely Automobile Holdings Ltd, China's biggest privately owned carmaker's Hong Kong-listed arm, is in talks to sell $250-million worth convertible bonds and call warrants to a private equity fund of the Goldman Sachs Group Inc, according to media reports."The two sides have basically agreed on the investment in Geely already, but have yet to work out some technical details," Reuters repo
China's beverage industry helps rebuild packaging demand2009-8-4 11:47:28
Despite upheaval in global markets and a sharp drop in exports, China's domestic beverage industry is bubbling. Consumers are drinking more soft drinks and downing iced green teas, driving up demand for plastic beverage containers.At two recent exhibitions held in Shanghai, PropPak China and BevTek China, an increase in attendance demonstrated continuing growth in the packaging and beverage contai
Financial crisis handled well2009-7-21 8:40:08
China has emerged as the star amid the global financial crisis. The Wall Street Journal reported that Roger Altman, chairman and founder of investment bank Evercore Partners, said at a conference of International Bar Association that "China is the only winner" in the crisis, because its economic growth is picking up again, and its financial system emerges intact after the crisis when the
China's investment expansion in S Africa only beginning2009-7-16 8:45:10
China's outward investment expansion in South Africa was only beginning, Kobus van der Wath, the founder and group managing director of the consultancy The Beijing Axis, said on Wednesday. "What is to follow will be far, far greater," he added when addressing the African Mining Congress in Johannesburg. Van der Wath said China was using the global financial crisis as a time to invest and

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