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Posts Tagged ‘exchange’

Billions were raised in oversea stock exchange

October 9th, 2009

guoneiqiyejinzhang On October.5, China’s top securities regulator made a public speech. Statistics show that by the end of July, 113.8 billion had been raised by China’s domestic enterprises through being listed on overseas stock markets.

According to China Securities Regulatory Commission’s recent numerical statement, by the end of last July, as much as 154 Chinese enterprises had started initial public offering abroad.

In June 1993, Tsingtao Brewery Corp, China’s first corporation listed out Read more…

Popularity: 1% [?]

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Forex reserves met the first time decline since 2003

January 4th, 2009

081015085aA State Administration of Foreign Exchange official has said that China’s foreign exchange reserves have decrease for the first time in five years after peaking at $1.9 trillion at the end of September.

Based on the remarks of Cai Qiusheng, head of the foreign debts section under the capital-account management department at an annual meeting of China’s import and export enterprises, China’s forex reserves declined Read more…

Popularity: 2% [?]

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China continues increasing holdings of US treasury bonds

November 21st, 2008

Even though China is becoming the No. 1 holder of US bonds, it is still likely to continue increasing holdings of US treasury bonds because it is the best way to deploy its $1.9 trillion foreign exchange reserves, economists say.

According to US treasury data on Monday, China has taken Japan’s place to become the top holder of US treasury debt in September. Its overall holdings Read more…

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Cities expo in Nanjing

November 7th, 2008

The World Historical and Cultural Cities Expo in Nanjing, started in 2004, is held every other year to promote cultural exchanges and international cooperation among participating cities.

The expo is sponsored by the Ministry of Culture, the Ministry of Housing and Urban-Rural Development, the National Administration of Cultural Relics and the UNESCO China Office, and organized by Nanjing People’s Government, Jiangsu Culture Read more…

Popularity: 2% [?]

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NASDAQ aims to Shanghai

October 23rd, 2008

According to the top manager of NASDAQ Group, the largest global exchange company the day before yesterday, they are trying to enter China’s stock market.

“We are contacting the China Securities Regulatory Commission and Shanghai Stock Exchange for a listing,” said Eric D. Landheer, head of Asia-Pacific at NASDAQ OMX Group. “And our commitments will continue despite the market turmoil.”

NASDAQ OMX Group is controlling and operating the NASDAQ stock exchange—the largest in Read more…

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Chinese education attracts US students

September 22nd, 2008

According to a senior US official, more and more US students will choose China to have their further study especially after the country has successfully held the Olympic and Paralympic Games.

“The Olympic Games have allowed China to take its rightful place on the global stage and one thing we’ve noticed in the US is that increasingly more American students are coming to China to study,” US Assistant Secretary of State for Educational and Cultural Affairs Goli Ameri said at a press briefing.

The American students choose China Read more…

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METP Bridges Chinese and European Managers

April 21st, 2008

The fact that the European Union is now China’s largest trading partner while China is the EU’s second largest trading partner makes it compelling for both regions to understand and be proficient in each other’s business practices. To meet such demands brought about by rapidly developing commerce, a four-year EU-China Management Exchange and Training Programme (METP) was launched last year.

Training Chinese and European managers is the core activity of METP, which aims to train 400 managers—half from China and half from Europe—in four groups over the planned time span of four years.

METP 1 started in August 2007 with 38 Chinese and 18 European managers. Taking two weeks of intercultural training and a pre-departure briefing, Chinese managers attended a 7-week management course and are currently at internships in Europe. And European managers are at present learning Chinese business language at the university of International Business and Economics in Beijing. This month, they will begin their 3-month internships in China.

METP 2 began in March after enrollment selections in Beijing and Brusssels in late November to mid-December 2007. 48 Chinese and 28 European managers are now in the programme.

METP 3 is now inviting applications. Courses will begin on October 20, 2008 and the training of METP 4 will start in late May 2009.

For non-governmental organizations (NGOs), small-and-medium-sized enterprises (SMEs) and business federations in China who take an interest in enriching their managerial expertise, the METP meets their needs by transferring know-how to key players in China, which helps to facilitate China’s reform process. And for the EU, as increasing numbers of European companies are making investments in and taking roots across the country, the programme helps EU managers to enhance their confidence in the Chinese business environment and improve their capability to succeed.

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