Shanghai Bureau Chief
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May 8, 2012

China move to tighten funding to hit foreign buyout firms

SHANGHAI, May 8 (Reuters) – China plans to treat local money
raised and managed by global private equity firms as foreign
funds, industry sources said on Tuesday, restricting their
access to sectors such as media and mining in the world’s
second-biggest economy.

Foreign private equity firms such as Blackstone Group
and TPG Capital Management have been setting up
yuan-denominated funds in cities such as Shanghai, hoping they
could be treated as local funds and thus avoid curbs on the
sectors overseas funds can make investments in.

Apr 30, 2012

For businesses in China, a minefield of bribery risks

SHANGHAI, April 30 (Reuters) – Foreign companies doing
business in China must navigate a business culture in which
bribery is rife, finding ways to remove obstacles to expanding
in the world’s second-largest economy without running afoul of
local or home-country laws.

Especially in areas such as dealing with local officials in
charge of permits, it is still common for bribes, whether cash
or illegal gifts, to be expected in return for providing the
necessary approvals, industry and legal experts say.

Apr 15, 2012

China stocks czar faces battle to win back investor trust

SHANGHAI (Reuters) – In little over six months as China’s top securities watchdog, Guo Shuqing has let loose a flurry of reforms targeting insider trading, market manipulation and dodgy disclosure that have hamstrung China’s stock markets even as its economy surges.

But China’s more than 72 million retail investors, who account for about three-fourths of trading on the domestic stock exchanges and have been burned repeatedly in the weak and volatile markets of recent years, remain skeptical.

Apr 15, 2012

Analysis – China stocks czar faces battle to win back investor trust

SHANGHAI (Reuters) – In little over six months as China’s top securities watchdog, Guo Shuqing has let loose a flurry of reforms targeting insider trading, market manipulation and dodgy disclosure that have hamstrung China’s stock markets even as its economy surges.

But China’s more than 72 million retail investors, who account for about three-fourths of trading on the domestic stock exchanges and have been burned repeatedly in the weak and volatile markets of recent years, remain sceptical.

Mar 17, 2012

China exerts rare public pressure on North Korea over missile plan

SHANGHAI (Reuters) – China put rare public pressure on ally North Korea over the reclusive state’s plan to launch a long-range rocket which is raising tension in the region and could scupper a recent aid deal with the United States.

The announcement of the launch immediately threw into doubt recent hopes that the new young head of the family dynasty ruling North Korea was ready open up more to the international community.

Feb 23, 2012

Court says Apple can sell iPads in Shanghai

SHANGHAI (Reuters) – A Shanghai court has rejected a request by a Chinese technology firm to stop Apple Inc selling its iPad tablet computers in the city, a source said, part of a wider battle for Apple over the trademark in China.

The Shanghai Pudong New Area People’s Court ruled in Apple’s favour after a hearing on Wednesday, the source with direct knowledge of the ruling said, confirming a report by the website of local official newspaper Xinmin Evening News.

Feb 23, 2012

Court says Apple can sell iPads in Shanghai -source

SHANGHAI, Feb 23 (Reuters) – A Shanghai court has
rejected a request by a Chinese technology firm to stop Apple
Inc selling its iPad tablet computers in the city, a
source said, part of a wider battle for Apple over the trademark
in China.

The Shanghai Pudong New Area People’s Court ruled in Apple’s
favour after a hearing on Wednesday, the source with direct
knowledge of the ruling said, confirming a report by the website
of local official newspaper Xinmin Evening News.

Feb 23, 2012

Court says Apple can sell iPads in Shanghai -source

SHANGHAI, Feb 23 (Reuters) – A Shanghai court has
rejected a request by a Chinese technology firm to stop Apple
Inc selling its iPad tablet computers in the city, a
source said, part of a wider battle for Apple over the trademark
in China.

The Shanghai Pudong New Area People’s Court ruled in Apple’s
favour after a hearing on Wednesday, the source with direct
knowledge of the ruling said, confirming a report by the website
of local official newspaper Xinmin Evening News.

Feb 19, 2012

China acts to crank up credit as lending, economy slow

SHANGHAI/BEIJING, Feb 19 (Reuters) – China’s central
bank cut the amount of cash banks must hold in reserves on
Saturday, boosting lending capacity by an estimated 350-400
billion yuan ($55.6-$63.5 billion) in a bid to crank up credit
creation as the world’s second-biggest economy faces a fifth
successive quarter of slowing growth.

The People’s Bank of China (PBOC) is on the course of gentle
policy easing to cushion the world’s fastest-growing major
economy against stiff global headwinds as Europe’s debt crisis
grinds on, although it has been treading warily.

Feb 18, 2012

China cuts banks’ reserve ratios for second time

SHANGHAI, Feb 18 (Reuters) – China’s central bank cut
the amount of cash that commercial lenders must hold as reserves
on Saturday for the second time in nearly three months, the
latest step to shore up the slowing economy.

The People’s Bank of China (PBOC) is on the course of gentle
policy easing to cushion the world’s second-largest economy
against stiff global headwinds, although it has been treading
warily.

    • About Jason

      "Jason leads Reuters' coverage of China's financial markets from Shanghai. Prior to moving there at the start of 2010, he reported on the Chinese economy and policy from Beijing, where he lived for a decade."
      Joined Reuters:
      2005
      Languages:
      Mandarin, German
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