The nytimes is reporting that despite China’s $ 1.8 trillion dollars worth of foreign exchange reserves, China’s Central Bank is in serious need of a cash infusion.   This is a result of major losses from a trillion dollars worth of bad investments into US Treasury bonds and mortgage-backed debt issued by Fannie Mae and Freddie Mac.&nbs...

China Reinsurance Group is expected to cancel the Hong Kong portion of its proposed dual initial public offering and instead focus its fundraising efforts on Shanghai where it aims to raise US$2.5 billion, the China Securities News reported, citing a well-informed source. Newly elected chairman Liu Feng told Nasdaq News late last month that China’s lar...

As China’s foreign exchange reserves continue to grow and the greenback continues to fall, using US dollar holdings to buy into offshore companies is the best way to hedge against loss, the China Securities News reports

The finance sector and Shanghai took the first spot in their respective compensation ranking categories for the first six months of 2008, China Business News reported, citing results of a survey by major Chinese recruitment website Zhaopin.com. The online survey included Shanghai, Nanjing, Hangzhou, Beijing, Guangzhou and Shenzhen. A bank teller was paid an ...

As the RMB continues to rise along with wages and the cost of raw materials, All Roads Lead to China takes a look at the never ending question "Is China no longer competitive?". The answer to the above question would certainly be yes for many SME's in Hangzhou and, as a result, they've persuaded the Hangzhou government to provide assista...

SMEs have had a rough year so far with growth 15 percentage points down on a year earlier. But the government is planning a series of reforms that should give the sector a boost, writes China Business News