All articles on NDRC

CIC and SAFE: Coordination or Bureaucratic Conflict?
Underlying the creation of the CIC was a long-running bureaucratic dispute between the Ministry of Finance (MOF) and the People's Bank of China (PBOC), China's central bank. SAFE's attempts to expand its own equity investments, clearly encroaching onto the CIC's turf, is likely more reflective of these bureaucratic conflicts than a coordinated government strategy for investing China's foreign exchange reserves.
June 24th,2008
Rocky Road for Tenzhong-Hummer Deal
National Development and Reform Commission (NDRC) is likely to block the merger on the grounds that Tenzhong, a manufacturer of special-purpose construction machinery and infrastructure products, lacks the expertise to run Hummer. The NDRC is also unhappy about the poor fuel economy and high environmental impact of Hummer's gas-guzzling SUVs.
June 29th,2009
Tenzhong Comes to Terms on Hummer
October 12nd,2009