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- China Energy Tech Summit 2008 - Editor, 21 July 2008
- China Takes Steps to Cool Down “Hot Money” - Editor, 7 July 2008
The prestigious Crowne Plaza Hotel in Beijing will be the venue for the upcoming China Energy Tech Summit 2008 to be held 15-17 October 2008. This summit, which is the first of its kind in China, will focus on China’s energy industries and will also provide an international platform for overseas businesses that are involved in energy conservation and emission reduction. The China Energy Tech Summit 2008 will address issues relating to energy conservation, as well as emission reduction technologies, in gas, oil, coal, coal-chemical, petrochemical and electrical power industries.
A spokesman for China’s State Administration of Foreign Exchange (SAFE) revealed that, together with the Ministry of Commerce and the General Administration of Customs, it will be drafting regulations to further tighten control on the inflow into China of speculative capital, otherwise referred to as “hot money”. Starting with a trial period of one month, on 14 July, SAFE will electronically link these government departments to co-ordinate and cross-check foreign exchange receipts, as well as export settlements.
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- China Takes Steps to Cool Down “Hot Money” - Editor, Monday 7 July 2008