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World News   China   Business   Financial (20)
China, Financial Timeline Thursday, January 8     Author
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  Lehman collapse hits Asian shares
World News World Financial (160) China (162) Business (63) Financial (20)
2008 (5) 2007 (6) 2006 (2) 2005 (3) 2004 (1) 2003 (1) 2002 (1) 2001 (1)
   Beijing (8)
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China to provide $19B to Taiwan firms


year 2008 Top ^

Dec. 21
  Beijing: China will provide 130 billion yuan in financing over the next 2 to 3 years to Taiwan-based companies doing business in the mainland

Sep.15
  Japan: Global markets were reeling after a historic day on Wall Street that saw 2 famous names become the latest victims of the credit crunch
Mar.11 Inflation at decade high
  China's inflation rate jumped to 8.7% after severe winter storms disrupted the economy and worsened food shortages
Mar.4 Inflation tops China 2008 agenda
  Beijing: Premier Wen Jiabao: Tackling record levels of inflation is one of China's major tasks for this year
Feb.18 Inflation hits 11-year high  Chinese rising price pressures were exaggerated by fierce snow storms. Soaring food prices were largely blamed

year 2007 Top ^

Dec.31 China eases foreign investment ban
  Beijing: China is easing a ban on new foreign investment in securities industry while still trying to ensure Chinese control by limiting investors Dec.19 China to relax credit card market  Citigroup and 4 other banks will become the first foreign institutions allowed to issue credit cards on their own once they meet regulatory standards Aug.30 Finance minister resigns  Beijing: Jin Renqing has resigned for 'personal reasons,' amid concerns of surging inflation and just weeks ahead of an expected reshuffling Jul.22 China could buy stake in Barclays  Barclays is close to raising around £10bn from the Chinese and Singaporean governments to help finance its takeover of ABN Jun.13 N Korea funds transfer 'to begin'  The transfer of funds from a bank in Macau ,a key issue in nuclear disarmament talks, is about to begin May.18 Africa's borrowing itch a theme  Shanghai: African Development Bank annual meeting: A debt write-offs by international financial institutions and Western governments is $50 billion

year 2006 Top ^

Dec.19   U.S., North Korea meet one-on-one  Beijing: Financial experts met to address US campaign to isolate the North from the international banking system Apr.20   Bush presses China over currency   Washington: President Bush has urged the Chinese president to do more to close the US-China trade gap

year 2005 Top ^

Jul.21 China scraps yuan peg to dollar
  China tied yuan's peg to a basket of currencies. The new rate versus the dollar revalues the currency by 2.1%
Jun.25 No to yuan revaluation  Beijing: Prime Minister Jiabao has said there is no hurry to revalue the country's currency May.17 Tensions rise over China currency
   Washington: The U.S. Treasury Department is saying China could be deemed a 'manipulative trade partner' if it does not revaluate

year 2004 Top ^

Mar.5 China plans state spending spree  Beijing:

year 2003 Top ^

Mar.5 Chinese budget sets record deficit  Beijing: Finance Minister said government spending this year will exceed revenues by an estimated $38bn

year 2002 Top ^

Mar.12 Giant dam seeks funds  Controversial 3 Gorges dam project may seek to raise money by selling shares in London

year 2001 Top ^

Mar.5 China raises defense budget  Beijing: The budget for 2.5 million-strong People's Liberation Army had been raised by 17.7% or 140 billion yuan ($17 billion)



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