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Chinese Bank Has $9 Billion in Subprime-Backed Securities
| Findory News China
New York Times: The Bank of China said Thursday that it held almost $9.7 billion of securities backed by American subprime loans, the most of any Asian company.
Tourism earns $17.94 billion in 1st half
Thu, 23 Aug 2007 16:44:37 +0000 | China Economic Review Hotel News
How important is tourism? Note the Olympic Games have not started nor yet Expo 2010. Both will pull in the punters by the many million. But even without out those China’s tourism industry is doing pretty well. According to statistics from the China National Tourism Administration (CNTA) it generated $17.94 billion in foreign currencies in the [...]
China to lend Congo $5 billion in latest Africa foray (Reuters)
Tue, 18 Sep 2007 19:40:41 GMT | Yahoo! News
Reuters - China plans to lend the Democratic Republic of Congo $5 billion to modernize its decrepit infrastructure and rich but deteriorated mining sector in another huge Chinese investment foray in Africa.
Shenhua in record $8.9 billion Shanghai IPO
| Findory News China
International Business Times: China Shenhua Energy, the country's biggest coal producer, raised 66.58 billion yuan in China's largest domestic IPO after pricing the share offer at the top of an indicative range.
Overpopulation could be people, planet problem
Mon, 1 Oct 2007 09:53:26 +0000 | Newsvine China
The 2007 population estimates from the U.S. Census Bureau and the United Nations Population Division set China's current population at around 1.3 billion people, and India's at around 1.1 billion.
Shenhua Energy raises 8.9 billion dollars, to list Tuesday (AFP)
Mon, 08 Oct 2007 05:58:06 GMT | Yahoo! News
AFP - China's top coal producer Shenhua Energy said it has raised 66.58 billion yuan (8.9 billion dollars) in the biggest domestic initial public offering (IPO) to date.
China: Government Auditing Report
Mon, 08 Oct 2007 14:50:18 +0000 | Global Voices Online - China
Ni-ming comments that the Audit Department is like Sisyphus in its auditing work as it doesn't have any significant impact on the government officials (zh). According to the report, 49 government departments has RMB16.3 billion (US8.2 billion) unjust and illegal accounting and during the auditing period, a total of RMB17 billion yuan abusive account has [...]
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