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China's Central Enterprises Withdraw From Hotel Sector
January 28, 2010According to the official website of China's State-owned Assets Supervision and Administration Commission, in 2010 most central state-owned enterprises will start to divest their interest in, or reorganize ownership of, hotels that are not part of their primary businesses.
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IBM Employees Suffer Identity Theft
August 27, 2009According to South Metropolitan Daily, the personal data of more than 1,000 employees of IBM Shenzhen has been used to apply for credit cards.
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BOC Supports Kunming In Cleaning Lake Dianchi Lake
May 20, 2009Bank of China Yunnan Branch has signed an agreement with Kunming Lake Dianchi Investment Company and will offer a CNY4 billion loan to support the latter's efforts in cleaning Lake Dianchi and carrying out relevant marsh land projects.
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BOC Releases 2008 Corporate Social Responsibility Report
May 15, 2009The Bank of China has formally released its 2008 corporate social responsibility report.
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Chinese Banks Still Hiring Despite Economic Woes
March 26, 2009Chinese media reports that the Industrial and Commercial Bank of China, the Bank of China, China Agricultural Bank, and China Construction Bank, which are jointly known as the four state-owned commercial banks in China, will hire a total of 37,500 college graduates this year despite the current slowing of the economy.
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NAO: Three National Banks Involved In Illegal Conduct
February 24, 2009Liu Jiayi, the auditor general at China's National Audit Office, has disclosed to local media that three state-owned banks — Industrial and Commercial Bank of China, Bank of China, and China Construction Bank — had all been involved in irregularities during the recent shareholding reforms and these have involved a total of about CNY6 billion.
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Anti-Money Laundering Association Opens Hong Kong Office
January 14, 2009At a time when China is taking a stricter stance on financial irregularities the U.S. based Association of Certified Anti-Money Laundering Specialists has opened an office in Hong Kong.
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