BIZCHINA / Weekly Roundup
Quick review: June 19-25
(China Daily)
Updated: 2006-06-26 07:02
African partnerships
China's energy partnerships with Africa are based on equality and mutual
benefit, and will not influence any other party, Premier Wen Jiabao said
last Tuesday.
During talks with Angolan President Jose Eduardo dos Santos, Wen said
China is ready to work with Angola and other African countries in the
energy sector.
"This is only one part of co-operation between China and Africa in a wide
range of fields," Wen said.
Administrative revisions
China's banking regulator is likely to soon complete revisions on an
administrative rule that would allow foreign banks to deal with the
renminbi retail business across the country.
The draft rule will require further approval from the State Council, a
source said last week, on condition of anonymity.
Foreign banks will be encouraged to register corporations in China,
instead of setting up branches to deal with the renminbi business. This
will protect the interests of domestic depositors, according to the
revised rule. The minimum registered capital of a foreign banking
corporation is said to be around US$125 million.
Page: 1 2 3 4 5
(For more biz stories, please visit Industry Updates)
Most Popular Stories in 48 Hours
� Pearl River Delta auto market report
� Tibet railway to boost economy
� Divorce rise, reforms linked
� Players take half of foreign trade
� Private firms change patterns
Today's Top News
� Top-level commission to combat monopolies
� Howard trip reflects 'best ever ties'
� Killing of Chinese in Japan concerned
� US urged to treat investors better
� Australian PM's China visit reflects 'best ever' ties
Top Biz News
� China to issue first ever savings bonds
� US urged to treat Chinese investors better
� China 2006 trade surplus may reach US$120-130b
� China to widen investment channels
� China's population to peak at 1.5b in 2030s
Alibaba is the largest B2B marketplace in the world. Source model ship,
wooden puzzle, one-piece toilet, RC hovercraft, photo album, prom dress,
pocket bike, Vaginal Speculum, Samurai Sword, String Panty and PVC Pipe.
Learn mandarin
No comments:
Post a Comment