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- China Launches Pilot Program for Yuan Trade Settlement
Print E_Mail Share China's central bank designated Bank of China's Hong Kong-listed unit as the clearing bank for the pilot Yuan trade settlement program. (Caijing.com.cn) The central bank has published rules governing trials for settling trade in
- Three Chinese Auto Factories Step in Rio de Janeiro
Chinese automakers BYD Co., Ltd. (SEHK: 1211) and Chery Automobile Co., Ltd. want to establish factories in Rio de Janeiro State, Brazil, said the governor Sergio Cabral on July 2, 2009. Chery Automobile said on the same day that it planned to carry out
- Hong Kong shares open down 1.39 per cent
HONG KONG - Hong Kong share prices opened 1.39 percent lower on Friday, with the benchmark Hang Seng Index dropping 252.09 points to 17,925.96 in the first few minutes of trading.
- Asia stocks dip after grim US jobs
HONG KONG, CHINA - Asian stocks dipped slightly on Friday and the dollar edged up after a disappointingly big drop in U.S. employment prompted investors to pull back from commodities and resource-linked shares. But the equity market decline across Asia
- Interim Honduras leader hints early vote
Honduras' interim leader says he's open to early elections if it resolves an impasse with the world community, as a top diplomat heads to Honduras to demand he restore the ousted president.
- Upsurge in Militant Presence in Kyrgyzstan
Porous border makes country's south vulnerable to incursions, experts say. By Ainagul Abdrakhmanova in Bishkek and Abdraim Ysmanov in Jalalabad (RCA No. 582, 03-Jul-09) Kyrgyzstan?s porous southern border, compounded by the inability of its
- New World China Land (917): Value on land bank
In relation to the stock quote service (the 'Quote Service') information, the stock price, trade volume and turnover are provided by The Stock Exchange of Hong Kong Limited ('SEHK') and/or HKEx Information Services Limited ('Exchange-supplied
- Afghan 'revolt' at foreign troops
Carlotta Gall, Lashkar Gah, Afghanistan THE mood of the Afghan people has tipped into a popular revolt in some parts of southern Afghanistan, presenting US forces with an even harder job than expected in reversing military losses to the Taliban and
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Occupied by the UK in 1841, Hong Kong was formally ceded by China the following year; various adjacent lands were added later in the 19th century. Pursuant to an agreement signed by China and the UK on 19 December 1984, Hong Kong became the Hong Kong Special Administrative Region (SAR) of China on 1 July 1997. In this agreement, China has promised that, under its "one country, two systems" formula, China's socialist economic system will not be practiced in Hong Kong and that Hong Kong will enjoy a high degree of autonomy in all matters except foreign and defense affairs for the next 50 years.
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