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Articles Written by: MAGGIE ZHANG
MCGRAW-HILL Co seeks to at least maintain its growth momentum on China's mainland and plans to establish a China headquarters for its rating agency in Shanghai, company executives said yesterday in the city.
The parent company of rating firm ...
From MAGGIE ZHANG,
Shanghai Daily,
12 Nov 2009
NOVARTIS AG yesterday signed a deal with the Shanghai government to invest an additional US$1 billion over five years in the drug maker's third-biggest research and development center in the world.
With the new investment, the Basel, ...
From MAGGIE ZHANG AND CATHY DING,
Shanghai Daily,
2 Nov 2009
MANY multinational companies see the tax departments of China and other Asia-Pacific countries as the toughest in the world when it comes to policing transfer-pricing activities, an industry survey said.
China, India, Australia, South Korea and ...
From MAGGIE ZHANG,
Shanghai Daily,
17 Sep 2009
AXA Group expects its China life insurance venture to post double-digit growth in the next few years, according to a senior executive.
"We are prepared to invest a major amount of money in the market," said John Dacey, group regional chief executive ...
From MAGGIE ZHANG,
Shanghai Daily,
8 Sep 2009
OVERSEAS banks have started to use the yuan to pay for their cross-border transactions on a trial basis as they seek to tap the potential of the business.
HSBC Bank (China) Co said yesterday it has launched the yuan settlement for cross-border trade ...
From MAGGIE ZHANG,
Shanghai Daily,
4 Sep 2009
CHINA Merchants Bank expects its net interest margin to recover rapidly when interest rates in the country start to increase, senior bankers said yesterday.
The bank was hit hard by its debt allocation in the first half of this year as its current ...
From MAGGIE ZHANG,
Shanghai Daily,
31 Aug 2009
SHANGHAI'S first wholly overseas-owned private equity firm was established in Huangpu District this month as the district beefs up its financial industry strength.
The PE fund management company was set up by Hong Kong-listed VXL Capital with a ...
From MAGGIE ZHANG,
Shanghai Daily,
27 Aug 2009
THE Bank of Communications expects to start its own insurance unit this year, one of its senior executives told Shanghai Daily yesterday.
Dicky Yip, BoCom's executive vice president, said the country's fifth-biggest lender is awaiting regulatory ...
From MAGGIE ZHANG,
Shanghai Daily,
12 Aug 2009
CHINA won't set quotas on new loans to rein in liquidity despite the credit surge in the first half, the central bank said yesterday.
"The central bank will not use quantitative control methods to limit the amount of lending by commercial banks," Su ...
From MAGGIE ZHANG AND JOY WANG,
Shanghai Daily,
7 Aug 2009
INSURERS should be aware of the potential investment risks in a rising domestic stock market, an expert cautioned yesterday.
Some insurers have raised their stock portfolio as the domestic stock market has been rising, without taking into account ...
From MAGGIE ZHANG,
Shanghai Daily,
4 Aug 2009
