Shanghai Bureau Chief
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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.

Feb 18, 2012

China home prices fall for 4th month on curbs

BEIJING/SHANGHAI (Reuters) – China’s home prices fell in January from December, marking the fourth monthly fall in a row and showing that a policy-driven property market downturn is deepening, which will add to worries about a hard landing in the world’s second-largest economy.

Average new home prices across the country dropped 0.2 percent in January from a month earlier, compared with a decline of 0.3 percent in December and a drop of 0.2 percent in both November and October, according to a Reuters weighted average home price index based on official data released on Saturday.

Jan 31, 2012

China metal firms’ profits shredded by weak property, Europe

SHANGHAI, Jan 31 (Reuters) – A host of Chinese steel
and other metals firms have flagged steep falls in their profits
for last year, as the European debt crisis and a
government-engineered slowdown in the domestic
property market whittle away at materials prices.

Heavy hitters including Aluminum Corporation of China Ltd
(Chalco) and top listed steelmaker Baoshan
Iron & Steel Co Ltd (Baosteel) are among those to
have warned that profits last year fell by around half or more.

Jan 16, 2012

Newsmaker: Long trek from clerk to chairman of China’s AgBank

SHANGHAI (Reuters) – The new chief of Agricultural Bank of China (601288.SS: Quote, Profile, Research, Stock Buzz) (1288.HK: Quote, Profile, Research, Stock Buzz) brings no-nonsense flair and a strong track record in bank overhauls to the helm of the lumbering Chinese lender where he started out years ago as a filing clerk.

Jiang Chaoliang, President of China Development Bank CHDB.UL since 2008, is to become chairman of AgBank.

Jan 16, 2012

Long trek from clerk to chairman of China’s AgBank

SHANGHAI, Jan 16 (Reuters) – The new chief of
Agricultural Bank of China brings
no-nonsense flair and a strong track record in bank overhauls to
the helm of the lumbering Chinese lender where he started out
years ago as a filing clerk.

Jiang Chaoliang, President of China Development Bank
since 2008, is to become chairman of AgBank.

Jan 11, 2012

China must reform to beat shadow lending, loan sharks

BEIJING (Reuters) – China must bring to heel an estimated $1.6 trillion shadow banking system if it is to deflate enormous asset bubbles fuelled by unregulated lending and stop small firms from getting forced to look to loan sharks for working capital.

Real estate prices that stay stunningly high despite ghost towns of empty apartment buildings and entrepreneurs fleeing gangland creditors are symptoms of China’s narrowly-based financial system.

    • 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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