CHINA-WIRE

News from China for the rest of the world

Archive for July, 2007

Guinea New Ambassador Visited the Group Corporation

On the afternoon of July 26th, Guinea new ambassador Dr.Mamadi Diare visited the headquarters of the Group Corporation. Assistant of General Manager and Deputy General Manager and Secretary of Party C... Read More

Private oil storage

Oil storage by private companies is vital to China’s strategic oil reserve system, said a signed article in China Youth Daily. An excerpt follows: An official with PetroChina was quoted last wee... Read More

Wholesale price of refined oil jumps in South China

Wholesale prices of refined oil have surged in southern China due to constantly rising domestic oil prices and tighter electricity supply, the Beijing News reported. According to Wednesday’s lat... Read More

China’s Unique Cash Pool for Building Africa

Combining market principles with a desire to promote progress in Africa, the Beijing government’s China Development Bank has patterned its huge China-Africa Development Fund after private equity fun... Read More

Equity Fund Evolution at China Development Bank

Beijing’s policy bank has spent a decade with private equity-style funds, weathering storms with a Sino-Swiss fund and reaping rewards from its top-performing ASEAN fund. By staff reporter Zhang Yuz... Read More

China Green Carbon Fund established in Beijing

On July 20, the founding ceremony of a “green carbon fund”, jointly sponsored by CNPC, the State Forestry Administration and China Green Foundation, was held in the Great Hall of the Peopl... Read More

More foreign companies interested in resource exploration in Ethiopia: Minister

The number of foreign firms willing to engage in Ethiopia’s mining and petroleum exploration sectors has steadily been increasing, Minister of Mines and Energy Alemayehu Tegenu said Wednesday. A... Read More

ASEAN FTA deal ‘on track’

China and the Association of Southeast Asian Nations (ASEAN) are on track to sign a free trade agreement (FTA) with just a number of details remaining to be ironed out, secretary-general of the 10- me... Read More

Cash for Barclays, expertise for CDB

Both Barclays and China Development Bank (CDB) stand to gain enormously from the strategic partnership they inked yesterday. Under the deal, China Development Bank, one of the country’s policy b... Read More

CDB makes global finance foray

In an unprecedented sortie into the global financial market, a State-owned bank has teamed up with an international partner to join Europe’s most heated competition in a banking takeover. Yester... Read More

The Export-Import Bank of China hosted a Symposium on Financing and Project Cooperation in Africa

On July 24-25, 2007, China Eximbank hosted together with Chinese enterprises the Symposium on Financing and Project Cooperation in Africa, at which Mr. Li Ruogu, Chairman& President of the Bank, d... Read More

Ghana Ambassador Stationed in China Visited the Group Corporation

On the afternoon of July 23, Ghana ambassador Afare Donkor who is stationed in China visited the headquaters of the Group Corporation. Assistant of the General Manager of the Group Corporation and gen... Read More

The Group Corporation Initialed Contract with Gabon Poubara Power Station

On July 20th 2007 Assistant of General Manager and general manager of International Company Zeng Xingliang initialed contract of Poubara Power Station with Director of Energy & Minerals and Water ... Read More

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