China Metal Recycling has asked its auditor to review its earnings after its former chief financial officer alleged he was denied proper access to the firm's financial information and subsequently resigned. ...full story at WSJ
from WSJ on Wed, Nov 18 2009
see also:
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Suspicions of Smuggling Scrap Metal from Israel to China »
YouTube video Stolen Metal Business
Tel Aviv, Israel
Israeli investigator suspects stolen metal is smuggled to China.
The increase in metal prices in recent years has sparked a wave of
metal thefts. It has been reported by police in many countries around
the... |
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China's used metal market crisis » Danwei Channel 4's video about the fight over Chinese metal scrap, which is turning violent due to the slowing economy. See Shanghai Scrap for more. Tags: Channel 4, financial crisis, metal scrap, video, violence This article is from Danwei.org |
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China to step up audits of gov't spending, stimulus projects » People's Daily China will step up audits of new projects, state-owned enterprises and financial institutions next year to make its macro-control measures more effective in fighting the financial crisis, the country's chief auditor said here on Monday. "Our focus... |
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Bertelsmann eyes opportunities » People's Daily Global media conglomerate Bertelsmann still sees China as an important growth market despite the closure of its book club business here, said Thomas Rabe, the firm's chief financial officer. In July, the German company closed its book club in China,... |
| 19 Sep 08 |
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Details of banks' foreign investment sought » People's Daily Financial regulators have asked domestic financial institutions to submit detailed records of their investments in US and European financial assets to ascertain the full extent of their exposure to the US financial crisis. The China Banking Regulatory... |
| 14 Nov 08 |
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Alleged Scrap Trader Kidnapping - More Details, More Documents » Shanghai Scrap In late October this blog published an account by the British metal trader, Goldarrow, of an alleged kidnapping of one of its traders by a state-owned scrap trading company in Ningbo. Subsequently, I published the rather meager “legal”... |