Chinese banks may struggle to recoup about 23 percent of the 7.7 trillion yuan ($1.1 trillion) they’ve lent to finance local government infrastructure projects, according to a person with knowledge of data collected by the nation’s regulator.
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China Banks Said to See Risks in 23% of $1.1 Trillion Infrastructure Loans
CAT board to review plan to buy Hutchison Telecom businesses
The board of CAT Telecom has ordered the state agency’s management to submit for its review the plan to buy the businesses in Thailand of Hong Kong’s Hutchison Telecom, including the latter’s Code Division Multiple Access (CDMA) 2000 1-x cellular network in 25 provinces.
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China and Singapore Sign Film Co-production Agreement
Hong Kong, July 23, 2010 – (ACN Newswire) – China and Singapore today signed a Film Coproduction Agreement on the sidelines of the 7th China-Singapore Joint Council for Bilateral Co-operation (CSJCBC) in Beijing, China.
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Colour my food healthy
Model Ling Tan likes to see the colours of the rainbow in her food.
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The citizen footballer
A life-saver, best-and-fairest winner, trainer without peer and … perhaps the next captain of the Western Bulldogs. In a week in which the Dogs were buffeted by the Aka storm, the Daniel Cross story offers some welcome relief
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Hong Kong comes to Auckland in August
The sights, sounds and tastes of modern Hong Kong are coming to Auckland in August with the second Hong Kong Festival.
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Tough talk by Hillary and war games do not deter Kim Jong-Il; Impending death? Not a problem
No contest in which the United States is engaged would appear more asymmetrical than that between it and North Korea next week in which some of the world’s most advanced navy vessels and fighter planes go through the motions of training for anti-submarine warfare for four days beginning on Sunday off the coast of...
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Searching for a hotel in Hong Kong
Looking for a bargain hotel in the Kowloon section of Hong Kong? Try the Salisbury YMCA, one block from Nathan Road.
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Documents detail $5.9b payout
NEW YORK – INTERNATIONAL banks and financial companies in Germany, Spain, Ireland, Britain and Hong Kong were indirect beneficiaries of the government’s 2008 bailout of American International Group Inc, according to newly released documents. The documents released by Senator Chuck Grassley contain a list of the 27 banks, hedge funds and financial companies that...
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Hong Kong, Shanghai stocks rebound
Hong Kong and Shanghai stocks surged on hopes Beijing will reduce measures to slow the country’s growth.
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One Killed, Dozens Injured as Switzerland Glacier Express Derails, AP Says
One person died and 42 others were injured yesterday when Switzerland’s Glacier Express train derailed on the line between Zermatt and St. Moritz, the Associated Press reported.
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