Pacific Century Expects AIG Asset Mgmt Business To Be Profitable In 2009
The acquired business is a different mix of assets than those of AIG's institutional asset management business, which recorded operating losses during the first quarter and first half of 2009.
News PM September 9
Sovereign Yuan Bonds to be Inaugurated in Hong Kong; China Says Most Citizens Covered by Government Healthcare; China Post Life Insurance Launched
Shanghai Index Up as Global Metals Rally Lifts Mining Shares
On the Shanghai Stock Exchange, turnover expanded to 156.6 billion yuan from a five-day average of 149.5 billion yuan. Gainers led losers by 448 to 414.
China Eximbank Navigates Export Tide
In the wake of a drop in exports, a policy bank's path is being re-drawn; clear strategies for allocating 200 bln yuan injection have yet to be determined.
Bocomm Gets Approval to Buy China Life CMG Shares
Bank of Communications is making inroads into the insurance sector as a plan to buy a controlling stake in an insurance firm has been approved.
China's Outward Investment Doubles in 2008
Among China's total overseas direct investment, 90 percent went to services, finance, mining and transportation.
Car Sales Expected to Hit 10 Mln Units Mark
Total vehicle sales for the first eight months rose 29% year-on-year thanks to the government's support polices.
Part III: Ethical Issues
Executed criminals supply most of the transplanted organs in China, fueling ethics debates and demand for live-donor surgery.
China's First Large Airliner Model Unveiled
China has been making great efforts to cut dependence on Boeing and Airbus.
News AM September 9
China to Ease Restrictions on Foreign Investment; China Introduces Swine Flu Vaccination Program; CBD, CNPC Sign Financing Agreement
Part II -- Legal Shortcomings
A comprehensive legal system for China's once-chaotic organ transplant system has been slow to develop despite huge demand.
Life Support for Organ Transplants in China
Health officials are building an ethical, transparent organ donation system to balance the needs of donors and patients.
Chinese Companies Advised to Research Before M&A
As many Chinese companies are eager for overseas acquisitions, caution is offered as an ingredient for a low-risk deal.
China Equities End at 7-Day High
Analysts said they were optimistic about August macroeconomic data, which will be released on September 11.
Expert: China Should Diversify Foreign Exchange Reserves
A professor asserts a super-sovereign currency will be created in the long term.
Survey: China's Economy Climbs Steadily in August
The month of August defies expectations but some experts are cautious about inflation.
News PM September 8
Tengzhong's Planned GM Purchase Blocked; ZTE Inks Network Deal with CSL; ADB Economist Upbeat about China's Economy
Fitch Cites Deep Fiscal Deficit in Taiwan
Although some authorities dispute the Fitch methodology, the ratings firm has warned Taiwan about a possible downgrade.
China's Legend to Boost Direct Investments
The parent of the world's fourth biggest PC maker is venturing into direct investments.
Reshuffle at Galaxy Securities Impending
New executives of Galaxy Securities will be named following the April arrest of the former president on bribery charges.
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