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06/07/2012

Quiet please! It’s Examination Time

The taxis are booked, hotels near the test centers are full, police are on patrol, car horns are silent and all is quiet on construction sites – that will be Shanghai today for the start of the National College Entrance Exam, or the "battle to determine one's fate," as the two-day test is commonly known. [...]

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06/07/2012

Members of SCO Outline Bloc’s Strategy

SCO summit stresses cooperation as route to growth and security Leaders of the six-member Shanghai Cooperation Organization began to forge a path ahead for the bloc, as they kicked off their annual summit, amid a rapidly changing regional and global landscape. After a slew of bilateral meetings on Tuesday, the leaders of the bloc, which [...]

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06/07/2012

Chinese Political Advisor Urges Better Afforestation Efforts

BEIJING, June 5 (Xinhua) — China's top political advisor Jia Qinglin on Tuesday urged intensified efforts in afforestation, combating desertification and promoting the country's ecological development. Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, made the remarks during a meeting with representatives of a ceremony held by the China Green [...]

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06/07/2012

China Delays Tough New Capital Rules for Lenders to 2013

CHINA yesterday decided to delay the implementation of new bank capital rules that are tougher than the Basel III requirements to the beginning of next year to ensure continued supply of credit in the world's second-biggest economy that is losing steam. A statement published on the government's official website said the new rules, which align [...]

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06/07/2012

Interview with Goldman Sachs’ Representative in China

Michael Evans, Goldman Sachs' representative in China since the global investment firm entered the country, talks to Caixin about rebalancing the economy and the strength of the country's banks. It started with a deal that has left a lasting impression. The entrance of Goldman Sachs in China began in 1997 when it was hired as [...]

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