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The companies are in talks but no agreement on financial support has been reached, says assistant president Chen Yanqing
China Huawei, together with 10 state-owned financial institutions, have been selected to join a pilot programme that grants more flexibility for offshore funding, a statement issued by the National Development and Reform Commission (NDRC) on Tuesday said.
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The program will face significant challenges including stakeholder interest conflicts and finding new capital sourcing, analysts say
Is this the new normal? State-owned enterprises using their financial muscle to amass land as an asset rather than for its development potential
Move will help avoid ‘moral hazards’ in plan as policymakers are yet to decide way forward
HONG KONG, CHINA--(Marketwired - Feb. 22, 2016) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") today announces appointment of Mr. Huiyi Wang as non-executive director of the Company, effective February 18, 2016. Mr. Wang, 28, is currently an investment associate in China Cinda (HK) Holdings Company Limited ("Cinda HK"),...
BEIJING/SHANGHAI KKR & Co said it had partnered with one of China's biggest state-owned bad debt managers to take advantage of opportunities in the country's growing market for distressed debt, particularly in the property sector.