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Hanlong Group
Hanlong Group (汉龙集团) was a Chinese business conglomerate based in Sichuan Province with past holdings in solar energy, communications, chemicals, and mineral exploration. It became internationally known for its investments in Africa and its dramatic collapse following a major corruption scandal. Hanlong’s publicly listed subsidiary was Sichuan Hongda Co., Ltd. (四川宏达股份有限公司; ), which remains listed on the Shanghai Stock Exchange. International Projects In Tanzania, Hongda signed a US$3 billion deal in 2011 for coal and iron mining, marking one of the largest Chinese investments in East Africa at the time. The investment included plans to develop a 600MW coal-fired power plant at Mchuchuma and Katewaka via a joint venture called Tanzania China International Mineral Resources (TCIMR). In Cameroon and the Republic of Congo, Hanlong led negotiations with the Cameroonian government on the Mining Convention for the Mbalam-Nabeba Iron Ore Project. The deal in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Shanghai Stock Exchange
The Shanghai Stock Exchange (, SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exchange. The Shanghai Stock Exchange is the world's third-largest stock market by market capitalization, exceeding $6 trillion in July 2024. It is also Asia's biggest stock exchange. Unlike the Hong Kong Stock Exchange, the Shanghai Stock Exchange is still not entirely open to foreign investors and often affected by the decisions of the central government due to capital account controls exercised by the Chinese mainland authorities. In 1891, Shanghai founded China's first exchange system. The current stock exchange was re-established on November 26, 1990, and was in operation on December 19 of the same year. It is a non-profit organization directly administered by the China Securities Regulatory Commission (CSRC). History The formati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Sundance Resources
Sundance Resources Limited is an Australian mining company, based in Perth, Western Australia, whose main assets are iron ore leases in Cameroon near Mbalam, and across the border in the Republic of Congo. Following the loss of the Congo mining licence in 2020, Sundance Resources delisted from the Australian Securities Exchange and sued Congo to acquire $8.76 billion in compensation. To exploit these leases, a 500 km railway (or perhaps a slurry pipeline) is required to a new multi-user port at Lolabé on the Atlantic coast. However, the development of the project has been postponed due to the market conditions for ore. The company made headlines in June 2010 when all of the company's directors and some other officers were killed in an airplane crash in the Republic of Congo.Missing Aircraft Update Sundance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Zhou Yongkang
Zhou Yongkang (; born December 3, 1942) is a former senior leader of the Chinese Communist Party (CCP). The 17th Central Committee of the Chinese Communist Party (2007–2012) elected Zhou to be one of the nine members of the 17th Politburo Standing Committee; the highest decision-making body of the CCP, and the center of political power in the People's Republic of China. As a member of the Politburo Standing Committee (PSC), Zhou was a National Level (国家级正职) official, and listed 2nd in the CCP Hierarchy of command (only below the General Secretary of the Chinese Communist Party). Zhou served as the Secretary of the Central Political and Legal Affairs Commission during his PSC tenure; he oversaw China's security apparatus and law enforcement institutions, including courts, prosecution agencies, police forces, paramilitary forces, and intelligence organs until his retirement in 2012. In December 2014, Zhou was arrested on corruption-related charges and expelled f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Companies Based In Sichuan
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Organized Crime In China
A triad ( zh, t=三合會, s=三合会, hp=sān hé huì, cy=sāam hahp wúi) is a Chinese transnational organized crime syndicate based in Greater China with outposts in various countries having significant overseas Chinese populations. The triads originated from secret societies formed in the 18th and 19th centuries, some influenced by white lotus societies of the 14th century, with the intent of overthrowing the foreign then-ruling Qing dynasty. In the 20th century, triads were enlisted by the Kuomintang (KMT) during the Republican era to attack political enemies, including assassinations. Following the founding of the People's Republic of China and subsequent crackdowns, triads and their operations flourished in Macau, Hong Kong, Taiwan, and overseas Chinese communities. Since the Chinese economic reform, triads and other triad-like "black societies" re-emerged in mainland China. In modern times, triads overseas have been reported to have connections to the government of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
