Kate Zhao graduated from the Graduate School of Communication at Zhejiang University, with a major in cross-culture communication. She has worked as both a full-time and part-time business reporter at various Chinese media such as China Business, China Marketing, New Marketing, and 21st Century Business Herald. She also worked as a public relations manager for Crest brand at P&G Greater China in Guangzhou.
From BBC News: China’s banking regulator has punished eight banks for illicity lending money to two state bodies that invested the cash in the stock and property markets. The China National Nuclear Corporation and China Shipping Group illegally used the billions of yuan loaned to them. The China Banking Regulatory Commission (CBRC) has now punished […]
Read MoreFrom Engaging China: Kelly Services ,a leading US recruitment firm, has acquired P-Serv , a Chinese company specialising in temporary and permanent staffing and executive search. Established in 1990, P-Serv has offices in HK, Singapore and seven China cities — Chengdu, NanChang, Shanghai, Beijing, Suzhou, Guangzhou, and Shenzhen. As part of Kelly’s deal, Paul Ng, […]
Read MoreFrom Financial Times: Chinese housing prices rose in May by 6.4 per cent, the fastest year-on-year monthly increase in 18 months, in the latest sign that the economy is outpacing both the government’s and the market’s expectations. The World Bank and Morgan Stanley in recent days have revised upwards their growth forecasts for 2007 to […]
Read MoreAfter the success of Micro-lending in Bangladesh, China began to open rural community loans to farmers. From People’s Daily Online: China has opened 18 rural community banks by the end of May offering farmers easier access to loans and providing credit to businesses in the countryside that want to expand. The small lenders include nine […]
Read MoreFrom xinhua via China.org.cn: Director-General of the World Trade Organization (WTO) Pascal Lamy arrived in Beijing on Sunday as he tries to revive the stalled Doha trade talks. In an interview prior to his departure for Beijing, Lamy said he would tell Chinese officials that developing countries should also contribute to the trade talks so […]
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