Simon Chao
Simon Chao
china control executives financial goals government intention meet needed policy rather
The two appointments underscore the government's intention to do what is needed to meet the goals set out for financial reforms... and to better control its China policy. While they are seasoned executives at government firms, they are still more of policy executors rather than policy makers.
asian carry consumer economic figures gives momentum pointing positive strong
U.S. economic figures are still pointing to strong consumer confidence, which gives positive momentum to Asian exporters to carry into 2006.
future government growth profit seeking strategic
With profit growth stagnating, the government should look for a better future for the company, such as seeking international strategic investors.