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Latest News |
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May 18, 2010 - MSFL and Jiangsu Rongsheng Heavy Industries signed a strategic alliance agreement in Shanghai to construct bulk carriers. The agreement consists of constructing ten 76K dwt Panamax bulk carriers. The total order amount is roughly around RMB 2.5 billion. This makes it one of the biggest orders that local shipping manufacturers have received this year.
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Media |
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May 6, 2010 (Leasing World) - Financial leasing companies controlled by commercial banks in China grew quickly in response to preferential supplementary policies. To help maintain the momentum, they continue raising new capital from shareholders. Statistics show the assets of the 12 financial leasing companies under supervision of CBRC, totaled approx. CNY 170 billion as at end of 2009, compared to CNY 94.8 billion as at end of May 2009.
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Global Insight |
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China April 1, 2010 (Reuters) - China weathered the global economic Downturn with Robust growth, but that growth is generating worries about trade imbalances, currency policy and risks of overheating in the domestic economy. Highlighted key risks for China include Trade and Currency Dispute, The Internet and fallout from the Google Dispute, The fallout from a housing bubble, Social Stability and The Environment.
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Industry |
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In August 2009, during the course of speculation of total credit data, the estimation makes the market mood rises and falls. At the end, the market was relieved with credit total of RMB 410.1 billion, better than the expectation. More surprises also comes from the quiet growth of joint-stock banks and foreign banks in China. (Industry news is coming from: September 18, 2009 Nanfang Daily newspaper)
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