Working Group News

2008-12-29 > All chapters

Fuel tax reform an energy milestone

The Chinese government has finally decided to start a fuel tax plan beginning January 1.

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2008-12-28 > All chapters

China knocked off IPOs top slot

Chinese stock exchanges raised just $22bn in initial public offerings in 2008. The slowdown means China will not finish the year as the leading centre for IPOs, falling behind New York for the first time since 2005.

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2008-12-28 > All chapters

China drafts first law on social insurance

China's top legislature made public Sunday a draft law on social insurance, the first of its kind in the country.

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2008-12-26 > All chapters

China's state sector urged to boost economy

Senior government officials have publicly called on China's state-owned sector to increase its dominance in the economy in response to rapidly cooling growth and plummeting profits.

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2008-12-23 > All chapters

Local govts may be allowed to issue bonds

Top policymakers are considering giving a green light to local governments for bond issuance, a move some have described as a way to finance the nation's $586 billion stimulus package.

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2008-12-22 > All chapters

China cuts interest rates to bolster economy

China's central bank has rolled out the fifth interest rate cut in four months - in its latest attempt to shore up investment and boost the economy.

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2008-12-20 > All chapters

China to hunt foreign investors who leave debts

China, hit by a slowdown in manufacturing from the global downturn, will pursue foreign investors who flee the country to escape failed business investments and debt, the Xinhua news agency said on Saturday.

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2008-12-19 > All chapters

New China M&A loan rule worries foreign dealmakers

Foreign dealmakers are worried that Beijing's recent move to encourage Chinese banks to lend money to boost domestic mergers and takeovers will make winning deal mandates in China even harder next year.

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2008-12-19 > All chapters

Now China is growing slower, can it grow cleaner?

China's dramatic economic slowdown is paying an environmental dividend, slashing emissions levels from the world's biggest greenhouse gas emitter as its highest-carbon industries begin to contract.

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2008-12-17 > All chapters

China's output growth slumps

The growth of China's industrial output fell to a fresh low in November, providing further proof that the country's economy has been hit more severely by the global economic crisis than anticipated.

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