Chen Yun, the 68-year-old chairman of the China Development Bank, may also stay on in his post.
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Perhaps most intriguing was the presence of a Chinese bidder, reportedly China Development Bank, in the race for Dresdner.
So even in China development seems to have bred a less punitive state.
China Exim Bank and China Development Bank, the main lenders, publish no figures about their vast loans to poor countries.
Europeans bought about 9% of a China Development Bank dim-sum bond and 8% of one sold by Beijing Enterprises Group, Dealogic said.
Analysts from the Chinese Academy of Social Science and China Development Research Center have proposed the idea of one-time 10% revaluation of the RMB.
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Meanwhile, the state-controlled China Development Bank is said to be negotiating a takeover of Shenzhen Development Bank, one of the few financial institutions controlled by foreigners.
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Investors in the share offering included CIC International, Boyu Capital and CITIC Capital, as well as CDB Capital, the equity investment arm of China Development Bank.
One of China Development Bank's specific tasks is to try to alleviate and, where possible, eliminate bottlenecks in supplies of raw materials or land for China's economy.
Large, state-controlled lenders China Development Bank Corp. and Export-Import Bank of China are planning to pitch dim-sum bonds in London to investors, said people familiar with the matter.
China Development Bank replaced the head of its Hong Kong branch, weeks after the lender began to reconsider its role in the deal to buy a Ping An stake.
But while China Investment Corporation (CIC), China Development Bank and state-owned energy companies will continue to be big players, other enterprises will be making outward moves using diversified financing.
The trick, though, is to find the proper angle from which to view the debt of such issuers as China Development Bank, Gazprom, Hyundai Motor, Petroleos de Venezuela, and Telefonos Mexico.
But China and Russia, who are have been setting up new SWF's, are set to make bigger and more ambitious purchases through state-owned companies like Gazprom and the China Development Bank (CDB).
Over the past few years, state-owned financial institutions, mainly the Export-Import Bank of China and the China Development Bank, have extended tens of billions of dollars to Brazil, Russia and Kazakhstan, among other countries.
There was also a rumor that he might have been detained following the investigation and arrest of Wang Yi, the vice governor of the China Development Bank, along with several other officials in the financial circle.
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Which is why Armitage argues that China development power has fallen flat: Until China stands for something other than itself, Beijing will continue to be viewed in the international community as being selfish and its motives suspect.
The Iraqi oilfield for which China obtained development rights in 1997, as well as other oilfields that China is interested in obtaining, cannot begin production until the sanctions are lifted.
On Friday he welcomed the resignations of the board members of China Aviation Development Foundation, which has a 71% stake in the airline.
The three control roughly 30% of China Petrochemical Development and have been courting foreign institutional investors and proxies to gain enough votes for their candidates to win board seats.
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The trio are trying to replace the current chairman and his board at China Petrochemical Development with a more independent slate of directors that, they say, would focus more on shareholder value creation.
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While CDB's primary mandate is to support China's domestic development, with foreign currency-denominated lending accounting for only 21% of outstanding loans at the end of 2011, it is also tasked with supporting the development of China's interests overseas.
China bankrolls the development, secures the supply of what China needs.
In China Daily, Prof Gong Jianhua, a maritime affairs specialist at Guangdong Ocean University, welcomes the new coast guard, but says China should promote joint development with neighbours in the South China Sea on the basis of a China-Asean free trade zone to ease "anxiety and suspicion".
They also analyzed food production and consumption practices in countries at various states of development, like China, and newer levels of development, like those in Africa.
Among the companies involved are Shanghai Jinjiang International Hotels Development, China CYTS Tours Holding, and Hangzhou Songcheng Tourism Development.
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It puts Chinese military modernization in a much larger context that talks about China's economic development, trade policies, foreign policies, China's domestic problems.
And they are buying hard assets, which right now are essential for China's development.
China Vanke was down 3.1%, China Merchants Property Development fell 5.8% and Poly Real Estate shed 4.9%.
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