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Why sacked cadres often get new posts or even promoted

... raining a pilot”. It suggests that sacked officials be given more time before assigning them to new posts, allowing public anger to "cool off". Once appointed to a new office, these officials should e ...More

EJ Insight2014-08-26

China to expand tourist tax refund scheme

China plans to expand a pilot tax refund scheme for tourists to other parts of the country in a bid to encourage them to spend more and boost the sector. The government will study the feasibility of o ...More

EJ Insight2014-08-21

Fosun quits private bank tie-up with Juneyao

...  Shanghai pilot free trade zone. Market observers said then that Fosun and Juneyao would receive the green light. The two companies were among 10 that won approval from the China Banking Regulatory Co ...More

EJ Insight2014-08-21

Are we seeing the start of Sino-US cooperation in Africa?

... g. If the pilot project goes off well, there are likely to be other instances where China and the US can join hands in the financing and building of infrastructure. This is something that Africa needs ...More

EJ Insight2014-08-19

Insurance boom seen as Beijing backs industry upgrade

... forward a pilot program for insurance companies to set up fund management companies, the cabinet said. “It is an important document for the industry as it has upgraded the commercial insurance industr ...More

EJ Insight2014-08-14

China state firms may be given more autonomy

... initially pilot the scheme in four SOEs, namely China National Building Material Group, China National Pharmaceutical Group, China Energy Conservation and Environmental Protection Group, and Xinxing C ...More

EJ Insight2014-07-31

Five regions get green light to form bad-loan firms

... rces. The pilot scheme, which also covers Guangdong, Zhejiang, Jiangsu and Anhui, allows the firms to buy local soured loans from banks, trust and finance companies and leasing firms, the report said. ...More

EJ Insight2014-07-29

ICBC to raise up to 80 bln yuan via preference shares

... es of the pilot program allowing eligible companies to issue preference shares. -- Contact us at [email protected] RC ...More

EJ Insight2014-07-28

Tencent gets green light for private bank branch

Mainland regulators have given three private banks, including Tencent Holdings Ltd.'s (0700.HK) Webank, approval to branch out in a pilot scheme to channel funds to cash-starved small businesses. Weba ...More

EJ Insight2014-07-25

Taiwan plane crashes in bad weather, 48 killed

... day. The pilot tried to land the plane in heavy rain and low visibility, according to Taiwan Transport Minister Yeh Kuang-shih. Air traffic control personnel lost track of the flight afterwards. Pres ...More

EJ Insight2014-07-24

Shantou's planned special economic zone may pressure Qianhai

... e the new pilot zone may affect Qianhai, it is however unlikely to compete directly with the Hengqin special zone as the business focus will be different, according to experts. Chinese media reported ...More

EJ Insight2014-07-23

Open call for urbanization guinea pigs

Local governments have until the end of August to nominate cities and towns for a test run of a national urbanization scheme, the Economic Information Daily reported Wednesday. The pilot project will ...More

EJ Insight2014-07-23

HK, Shanghai bourse link on track for Oct start

A pilot program linking the Shanghai and Hong Kong stock markets could be up and running as early as October, China Business News reported Monday. The China Securities Regulatory Commission has schedu ...More

EJ Insight2014-07-21

Moody's upbeat on SOE reform test run

Rating agency Moody’s said Beijing's pilot program to restructure ownership of state-owned enterprises (SOEs) is an encouraging, concrete step in realizing the economic reforms outlined by the Communi ...More

EJ Insight2014-07-21

Small, disappointing test run for SOE reform

A long-awaited pilot scheme to overhaul state-owned enterprises (SOEs) is disappointing and too minor to make much difference to the market, according to a commentary published by the Hong Kong Econom ...More

EJ Insight2014-07-16

China to unveil SOE ownership reform list: report

... o further pilot mixed-ownership structure, the report said. Other key reforms include the setting up of a state capital investment platform, board system and disciplinary inspection work group. Each r ...More

EJ Insight2014-07-14

Wu Ying's death sentence commuted to life imprisonment

... rnment to pilot financial reform in Wenzhou in April 2012. Under the reform, the central government encouraged private companies to operate in the city to provide funding for small enterprises even as ...More

EJ Insight2014-07-11

PBoC to keep watch on cross-border yuan business

... aunched a pilot cross-border yuan transfer program for investment immigration and overseas property purchases in 2011 in consultation with regulators.  The PBoC said cross-border yuan transactions hav ...More

EJ Insight2014-07-11

Hong Kong market: Some wishful thinking

... ocracy. A pilot program for having direct election in the board of municipalities will be an option in the free-trade zone in Shanghai. The growing unity shown by protesters, 60 percent of whom were e ...More

EJ Insight2014-07-10

Bank of China denies money laundering accusations

... aunched a pilot cross-border yuan transfer program for investment immigration and overseas property purchases in 2011 in consultation with regulators. In all foreign exchange transactions, staff alway ...More

EJ Insight2014-07-10

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