Feb 11 2009
China’s new king of solar
On a chilly Saturday afternoon in mid-January, Shi Zhengrong, casually dressed and smiling as if he didn’t have a care in the world, walked into the stunning new building that is now the headquarters of Suntech Power Holdings, the company he founded and built from scratch just eight years ago.
Sep 1 2008
Beijing swells dollar reserves through stealth
China has resorted to stealth intervention in the
currency markets to amass US dollars, using indirect means to hold down
the yuan and ease the pain for its struggling exporters as the global
slowdown engulfs the economy.
A study by HSBC’s
currency team in Asia has concluded that China’s central bank is in
effect forcing commercial banks to build up large [...]