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27 Dec 2020, 10:23 am
RMB and HKD notes coexisted in my wallet and dual SIM cards were an important feature on cell phones. [read post]
10 Jul 2015, 3:24 pm
In the projects profiled, we identified an estimated RMB 26 billion worth of investment and 1,052,630 square meters of senior living space. [read post]
22 Aug 2012, 2:14 am
Over the past few years alone, one could have used the Beijing Olympics, the RMB debate, environmental policy, any number of trade fights — need I go on? [read post]
9 Feb 2011, 3:20 am
Second, the Lowenstein Sandler law firm has published a February 2011 memo entitled "Residential Mortgage-Backed Securities Litigation: 2010 Survey" (here), contains a helpful summary of the court rulings in securities lawsuits involving RMBS, and also includes a detailed description of a long list of significant cases. [read post]
29 Sep 2018, 4:52 pm
The RMB has depreciated and that means Chinese goods are cheaper than they were, further encouraging exports. [read post]
12 Feb 2015, 1:10 pm
Under Article 56, the SAIC can punish non-compliant businesses with an order for remediation and one or more of the following penalties: A warning; Confiscation of illegal gains; A fine of 1 to 10 times the amount of illegal gains, or if there are no illegal gains, up to a maximum of RMB 500,000 (approx. [read post]
18 Aug 2015, 7:25 pm
Chinese press reports have linked the allegations to a case involving a 420 million RMB dispute over shareholding in a Shanxi coal mine, but the allegations have not been confirmed by the CCDI. [read post]
19 Nov 2007, 12:18 pm
In 2003, China enacted merger regulations, entitled Interim Provision for Foreign Investors to Merge Domestic Enterprises, which applies exclusively to foreign investment enterprise.[3] According to the rules, a foreign investor "must seek approval from the relevant government bureau prior to conducting a merger when (1) one party's annual sales in China are above RMB 1.5 billion (about U.S. $ 180 million), (2) the foreign firm has acquired more than ten Chinese firms in the same… [read post]
7 Apr 2010, 12:45 am
” The report comes at an interesting time to say the least as you have Senators’ Schumer and Graham pairing up to try and once again push forward a bill that will realign the RMB, you have the soon to be released reports that will address the level by which China manipulates its currency, and then you have a whole host of reports on the various industries that have seemingly tightened up. [read post]
23 Oct 2017, 1:26 pm
First, he acknowledged that though some Chinese companies had payment problems because the RMB is not freely convertible, Tencent (and other successful Chinese companies) had access to funds outside China and if they want to make an overseas investment they can. [read post]
24 Aug 2012, 2:48 am
The EPI ignores the recent revaluation of the RMB, which has not erased the trade deficit. [read post]
21 Jun 2011, 5:19 am
(Case No. 1:10-cv-838-RMB (D. [read post]
7 Aug 2011, 5:18 pm
I'm a night owl who frequently works on US time so I missed most of the details due to still being asleep and her ignoring all of my "I'm asleep, please don't talk to me now" comments.It wasn't until the next phone call (a Jiangxi cell phone number) identifying themselves as being in Hainan that I caught the gist of them saying they had a published copy of the tax code that all new enterprises were being required to purchase for 2000 rmb and change, that… [read post]
6 Jun 2012, 8:59 pm
This is scary shit. 2 RMB for a carrot? [read post]
12 Feb 2020, 3:58 am
The RMB exchange rate fluctuates, as do shipping costs (though in any case it’s cheaper to import from nearby Mexico), but to the 2013 prognosis you should add “U.S. tariffs… rising labor costs, stiffening environmental rules, and the heavy, often capricious hand of the Chinese state”. [read post]
17 Jul 2012, 12:59 am
At the same time, the panel rejected several U.S. claims, including that China requirements “mandate the use of [UnionPay] and/or establish [UnionPay] as the sole supplier of EPS for all domestic RMB payment card transactions” and that China “imposes broad prohibitions on the use of “non-[UnionPay]” cards for cross-region or inter-bank transactions.” Yes, both sides can claim victory. [read post]
31 Jan 2017, 7:01 am
There are also moulds involved that are worth well over a half million RMB. [read post]
22 Jul 2010, 5:33 pm
” To the extent financial institutions choose to build large, correlated portfolios of CDOs (Merrill Lynch), obligate themselves to backstop asset-backed commercial paper facilities (Citigroup), or write a few billion dollars of CDS on CDOs/RMBS (AIG), Dodd-Frank gets this information into the hands of the Financial Stability Oversight Council, but otherwise provides little additional public transparency. [read post]
7 May 2017, 9:37 am
In general, this is not a good idea in China the Chinese government has made it progressively more difficult for Chinese entities to convert RMB into dollars for payment to foreign software and service providers. [read post]
18 Jun 2012, 11:24 pm
Stan Lee, and whoever his bad advisers are, looked at all those China-Hollywood deals, took a cursory glance at box office receipts over here, and thought that all they needed was a Chinese superhero to get the RMB flowing. [read post]
