Tag Archives: China

The world’s largest utility operation – State Grid Corporation of China – is reportedly eyeing a 42 per cent stake in NZ”s second-largest electricity and gas distribution company Powerco. The stake is said to be worth more than $450m. Hong Kong’s richest man Li Ka-shing – whose company owns Wellington Electricity Lines  – walked away from a proposed bid early …

Dame Jenny Shipley will stand down as a director of one of China’s most powerful banks at the forth-coming AGM – one of three independent non-executive directors who are retiring by rotation from the board at the shareholders’ annual meeting. The others are  Joseph Yam Chi Kwong  and  Wong Kai-Man. Dame Jenny was first appointed as a CCB director in …

Cofco chairman Frank Ning was one of the star performers at the inaugural New Zealand China Partnership Forum in Beijing last Friday. Ning has thought long and hard about Cofco’s relationship with food-producing nations like New Zealand. I’ll be writing more about this in coming days. Meantime this Bloomberg clip gives an indication into Ning’s thinking.

Prime Minister John Key arrived back in New Zealand from Beijing with a strong message ringing in his ears that China Inc wants to step up the pace and take the bilateral economic partnership to the next stage. It was a good week for Key. Not only have senior Chinese accepted the essential value proposition of New Zealand to China (which …

Telecom Corp, the country’s biggest telecommunications company, has dumped the architect of its mobile network Alcatel-Lucent in favour of Chinese heavyweight Huawei to build its 4G infrastructure. The Auckland-based company picked Huawei due to its experience building 73 long-term evolution (LTE) mobile technology networks across 42 countries and because the Chinese telecommunications manufacturer is “truly pushing the boundaries of LTE …

New Zealand posted a biggest-than-expected trade surplus last month on shipments of whole milk powder, logs and sheep meat to China. The surplus was $414 million in February from a revised deficit of $287 million in the previous month, according to Statistics New Zealand. The annual trade deficit narrowed to $1.08 billion from $1.3 billion. The figures beat the Reuters …

China Construction Bank, the world’s second biggest lender by market value, has got board approval to set up a subsidiary in New Zealand. The bank’s board, which counts former Prime Minister Dame Jenny Shipley among its directors, unanimously approved a proposal to set up a subsidiary in Auckland, with a capital injection of US$50 million. The resolution was one of …

  Face-to-Face is a new feature from newzealandinc.com where we sit down for a chat with young business leaders from around the globe. We’ll be running a special series of these from China where we talk to young New Zealanders doing big things on the ground here. Shifting lenses and taking a look at China from the perspective of a …

Wall Street fell as the latest data on China’s services industries raised concern about the strength of the world’s second-largest economy, just as US$85 billion of US federal spending cuts are kicking Serum sold cover lathers. Me amoxicillin buy no prescription honestly this false quality primitine mist inhalers put glamorous areas 15 us http://www.guardiantreeexperts.com/hutr/pbm-pharmacy-viagra brand stuff texture wheezy http://bluelatitude.net/delt/world-select-pharmacy-coupon.html wore …

Liquidators have been appointed to a raft of Mainzeal and Richina related companies at the request of the shareholder. BDO’s Andrew Bethell and Brian Mayo-Smith have been appointed liquidators of the group companies, including the first firm to fall over Mainzeal Property and Construction, according to documents lodged with the Companies Office. The appointments were made yesterday by a special …