Monthly Archives: June 2013

Cover of June 2013

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Table of Contents of June 2013

1. Cover story

Chinese Dream and American Dream

2. Economy outlook

Issues concerning the friction in China-EU photovoltaic products trade

3. Financial strategy

Zhongpin announces completion of merger

4. Legal spotlight

Trade in services agreement signed at ninth cross-strait talks

5. Point of interest

The Great Wall

6. Portrait

Li Yong confirmed as new Director General of UNIDO

7. Remark from editor

Threat of shadow banking

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Chinese Dream and American Dream

Chinese President Xi Jinping and US President Barack Obama had a two-day summit on the 7th and 8th of June. The summit was held in the Sunnylands Retreat of California. The following are remarks by President Obama and President Xi Jinping after bilateral meetings. Continue reading

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Issues concerning the friction in China-EU photovoltaic products trade

On June 5, the information office of the Chinese Ministry of Commerce held a special press conference on “Friction in China-EU Photovoltaic Products Trade”. Shen Danyang, Spokesman of the Ministry of Commerce, Liu Danyang, Deputy Director-general of the Bureau of Fair Trade for Imports and Exports, and Zhang Yujing, Chairman of China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME), attended the Conference and took questions from reporters. Conference minutes are as follows: Continue reading

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Zhongpin announces completion of merger

Zhongpin Inc. (“Zhongpin” or the “Company,” Nasdaq: HOGS), a leading meat and food processing company in the People’s Republic of China, announced on June 27th the completion of the merger (the “Merger”) contemplated by the previously announced Amended and Restated Agreement and Plan of Merger, dated as of February 8, 2013 (the “Merger Agreement”), by and among Golden Bridge Holdings Limited (“Parent”), Golden Bridge Merger Sub Limited (the “Merger Sub”), Mr. Xianfu Zhu and the Company.  As a result, the Company became a wholly-owned subsidiary of Parent. Continue reading

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Trade in services agreement signed at ninth cross-strait talks

Taiwanese Premier Jiang Yi-huah touted a newly signed cross-strait services trade agreement as signaling the dawn of “an era of full-scale economic exchange and cooperation” between Taiwan and mainland China. He made the remarks during a briefing on the outcomes of the ninth-round cross-strait talks held in Shanghai between Taiwan’s Straits Exchange Foundation (SEF) and the Beijing-based Association for Relations Across the Taiwan Straits. Continue reading

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The Great Wall

Known to the Chinese as the ‘Long Wall of Ten Thousand Li’, the formidable defensive structures built to ward off invasion of the Celestial Empire by barbarians is called the Great Wall or the Wall of China by Europeans. The principle of these extraordinary fortifications goes back to the Chunqiu period (722-481 BC) and to the Warring States period (453-221 BC). Continue reading

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