Topic: Shenzhen
China firm refuses to pay Goldman on oil hedging losses
AFP American Edition
<div><p>China's state-owned Shenzhen Nanshan Power has said it will not pay 80 million dollars to a Goldman Sachs unit for alleged defaults on oil-hedging contracts.</p><p>The thermal power generator and Goldman are battling over the reason why ...
Chinese shares close up 1.51%
AFP Global Edition
<div><p>Chinese shares closed up 1.51 percent on Monday as sentiment was boosted after Premier Wen Jiabao said that Beijing would maintain economic stimulus measures, dealers said.</p><p>The Shanghai Composite Index, which covers both A and B shares ...
Dead drunk policeman stripped of martyrdom
Reuters US Online Report Oddly Enough
<div><p>BEIJING (Reuters) - The Chinese police captain who named his subordinate a "martyr" after he died from a drinking binge has been suspended, the Shenzhen Public Security Authority said on Tuesday.</p><p>Traffic officer Chen Lusheng of the southern city ...
China chief suspended over cop's drinking death
AP News
<div id="subtitle">China police chief suspended for saying officer's drinking death was in the line of duty</div><div><p>A Chinese police chief has been suspended after saying that a subordinate who died after binge drinking at an official ...
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