Chen Yun, the 68-year-old chairman of the China Development Bank, may also stay on in his post.
FORBES: No Retirement For China's Banking Elite Amid Political Transition
Perhaps most intriguing was the presence of a Chinese bidder, reportedly China Development Bank, in the race for Dresdner.
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.
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.
ECONOMIST: The opening up of China��s economy goes into reverse
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.
FORBES: What False Rumors About China's Central Bank Chief Mean
According to the Inter-American Development Bank, China's trade barriers are generally in line with those of other developing countries and are gradually being lowered.
Jong-Wha Lee and Kiseok Hong of the Asian Development Bank project that if China continues its structural reforms, it has the potential to grow at 7 percent in 2011-2020 and 6.23 percent in 2021-2030.
Asian Development Bank cut their growth forecast for China Wednesday to 7.7 percent from 8.5 percent previously.
China Construction Bank (CCB) has its roots in development banking.
He added that the proposed fund would not alter plans by BRICS nations--Brazil, Russia, India, China and South Africa--to set up their own development bank.
Brazil, Russia, India and China (and newcomer South Africa) want to set up their own regional development bank, heads of state said in India on Wednesday at the annual BRICS Summit.
Following in the footsteps of downgrades by other intergovernmental organizations, the Asian Development Bank cut its growth forecast for Asia's developing economies, including China, India and South Korea, to 3.4%, from 5.6%, marking the slowest pace in a decade.
There is also a lot of upbeat coverage in The Beijing News, China Daily and other media on a mooted Brics reserve fund, as well as a development bank that will finance infrastructure projects among the five members as well as developing countries.
In addition to his research in the U.S., he conducts research in Chile and China, and has consulted with UNICEF, the World Bank, and the Inter-American Development Bank concerning early childhood care and education in global contexts.
WHITEHOUSE: President Obama Announces More Key Administration Posts
The report credits Mr Zoellick with proposing in 2010 that the bank and government should work on a joint project on challenges to China's longer-term development.
应用推荐