billion [11]

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Travel RMB900 billion next year

Thu, 21 Jun 2007 16:37:34 +0000 | China Economic Review Hotel News

The World Travel and Tourism Council (WTTC) published ‘2007 China travel and tourism economic research.? This shows that in 2007, China’s personal travel expenses are expected to reach approximately RMB900 billion. By 2017 it estimates China?s personal travel expenses will reach RMB3.5 trillion. This, of course, is a guesstimate but it does show the size [...]


Loan approvals rise 22.7%

Mon, 25 Jun 2007 18:08:06 +0800 | HKSAR Government

New mortgage loans drawn down during May rose 29.6% to $13.9 billion, while new loans approved rose 22.7% to $17.7 billion, the Monetary Authority says.


Airport Authority sees record profit

Wed, 27 Jun 2007 20:39:39 +0800 | HKSAR Government

The Airport Authority achieved a record profit of $1.92 billion in fiscal year 2006-07, up 19% over a year earlier. It declared a final dividend of $1.6 billion to the Government, a 23% increase from fiscal 2005-06.



Mobile market rings up three billion cellphones

| Findory News China

New Zealand Herald: LONDON - Global mobile phone use will pass the 3 billion mark - equivalent to half the world's population - for the first time in 2007 as mobile phone demand booms in China, India and Africa, a survey said on Wednesday. From African...


Misconduct found at 3 big Chinese banks (AP)

Thu, 28 Jun 2007 07:06:08 GMT | Yahoo! News

AP - Auditors have found misconduct affecting 15.5 billion yuan, or $2 billion, at three of China's biggest banks, the country's auditor general reported.


Misconduct Found at 3 Big Chinese Banks

Thu, 28 Jun 2007 07:06:08 +0000 | Newsvine China

Auditors have found misconduct affecting 15.5 billion yuan, or $2 billion, at three of China's biggest banks, the country's auditor general reported.


$5b surplus recorded

Fri, 29 Jun 2007 17:11:39 +0800 | HKSAR Government

Government spending in the first two months of the financial year amounted to $36.9 billion with revenue of $41.9 billion, resulting in a $5 billion surplus.


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