China Specialist Correspondent
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Nov 11, 2011

Politics stymie China’s EU aid offer

BEIJING (Reuters) – Diplomatic deadlock is curbing China’s will to provide cash to help end the euro zone crisis after Europe spurned the simplest of Beijing’s three key demands, two independent sources have told Reuters.

China had offered help in return for European support to grant it either more influence at the International Monetary Fund, market economy status in the World Trade Organization, or the lifting of a European arms embargo, said the sources, both of whom have direct knowledge of the matter, including one who has ties to the leadership in Beijing.

Nov 11, 2011

Exclusive – Politics stymie China’s EU aid offer, sources say

BEIJING (Reuters) – Diplomatic deadlock is curbing China’s will to provide cash to help end the euro zone crisis after Europe spurned the simplest of Beijing’s three key demands, two independent sources have told Reuters.

China had offered help in return for European support to grant it either more influence at the International Monetary Fund, market economy status in the World Trade Organisation, or the lifting of a European arms embargo, said the sources, both of whom have direct knowledge of the matter, including one who has ties to the leadership in Beijing.

Nov 11, 2011

Exclusive: Politics stymie China’s EU aid offer

BEIJING (Reuters) – Diplomatic deadlock is curbing China’s will to provide cash to help end the euro zone crisis after Europe spurned the simplest of Beijing’s three key demands, two independent sources have told Reuters.

China had offered help in return for European support to grant it either more influence at the International Monetary Fund, market economy status in the World Trade Organization, or the lifting of a European arms embargo, said the sources, both of whom have direct knowledge of the matter, including one who has ties to the leadership in Beijing.

Nov 11, 2011

Politics stymie China’s EU aid offer – sources

BEIJING (Reuters) – Diplomatic deadlock is curbing China’s will to provide cash to help end the euro zone crisis after Europe spurned the simplest of Beijing’s three key demands, two independent sources have told Reuters.

China had offered help in return for European support to grant it either more influence at the International Monetary Fund, market economy status in the World Trade Organisation, or the lifting of a European arms embargo, said the sources, both of whom have direct knowledge of the matter, including one who has ties to the leadership in Beijing.

Nov 3, 2011

Beijing risks public backlash if it rescues Europe

BEIJING (Reuters) – China’s people have a clear message for their government — don’t even think of saving Europe.

Ahead of a G20 summit in France on Thursday, tens of thousands of ordinary Chinese have been venting their anger online, demanding their leaders sort out China’s own problems before bailing out Europe.

Nov 3, 2011

Analysis: Beijing risks public backlash if rescues Europe

BEIJING (Reuters) – China’s people have a clear message for their government — don’t even think of saving Europe.

Ahead of a G20 summit in France on Thursday, tens of thousands of ordinary Chinese have been venting their anger online, demanding their leaders sort out China’s own problems before bailing out Europe.

Oct 28, 2011

Exclusive: China to reshuffle financial regulators

BEIJING (Reuters) – China’s top banking and insurance regulators have reached retirement age, and a shakeup is expected as early as this week, three independent sources said, a step that would be the first major move in a sweeping reshuffle of the Communist Party leadership that will culminate next year.

Liu Mingkang, chairman of the China Banking Regulatory Commission (CBRC), and Wu Dingfu, chairman of the China Insurance Regulatory Commission (CIRC), have both reached the compulsory retirement age of 65 for officials who hold a rank equivalent to a cabinet minister.

Oct 28, 2011

China to reshuffle financial regulators -sources

BEIJING, Oct 28 (Reuters) – China’s top banking and
insurance regulators have reached retirement age, and a shakeup
is expected as early as this week, three independent sources
said, a step that would be the first major move in a sweeping
reshuffle of the Communist Party leadership that will culminate
next year.

Liu Mingkang, chairman of the China Banking Regulatory
Commission (CBRC), and Wu Dingfu, chairman of the China Insurance
Regulatory Commission (CIRC), have both reached the compulsory
retirement age of 65 for officials who hold a rank equivalent to
a cabinet minister.

Oct 27, 2011

China eyes creation of ASEAN Bank

BEIJING (Reuters) – China is considering a proposal to set up a regional bank to help its small and medium enterprises (SMEs) invest in Southeast Asian neighbours, fund infrastructure projects and promote development in southwestern China, two independent sources said.

After approval by the State Council, or cabinet, China would formally invite members of the Association of Southeast Asian Nations (ASEAN), Japan and South Korea to each take a stake in the ASEAN Bank, said the sources, who have direct knowledge of the proposal.

Oct 27, 2011

Exclusive: China eyes creation of ASEAN Bank

BEIJING (Reuters) – China is considering a proposal to set up a regional bank to help its small and medium enterprises (SMEs) invest in Southeast Asian neighbors, fund infrastructure projects and promote development in southwestern China, two independent sources said.

After approval by the State Council, or cabinet, China would formally invite members of the Association of Southeast Asian Nations (ASEAN), Japan and South Korea to each take a stake in the ASEAN Bank, said the sources, who have direct knowledge of the proposal.

    • About Benjamin

      "Ben is based in Beijing and covers China regulatory news. He is an ethnic Chinese born and raised in the Philippines, and spent 13 years in Beijing and 15 years in Taipei. He joined Reuters in 1991, serving as Beijing bureau chief from August 2008 to August 2010 and Taipei bureau chief from February 2000 to December 2002."
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