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China Daily | Updated: 2008-12-13 08:08

New Beijing office

Deutsche Borse, one of the world's leading exchange organizations, opened its representative office in Beijing Friday.

"We would like to work together with Chinese companies in accessing equity capital in the European Union," said Frank Gerstenschlager, a member of the Deutsche Borse Executive Board responsible for the cash market.

Better safe than sorry

Preventing risks beforehand is even more important than learning ways to deal with them afterward, experts said at Aon-COFCO Enterprises Risk Management forum.

"Though enterprises need an all-around risk management scheme, preventing the occurrence of accidents should be a primary concern, especially when enterprises expand their overseas business," said Zhao Yibin, general manager of Zurich Financial Beijing branch.

WB chief visits

World Bank Group President Robert B. Zoellick will visit China from Dec 13-17 for discussions with senior Chinese officials on impacts of the global financial crisis on the country's growth and development plans.

Before the talks in Beijing, Zoellick will visit southwestern China's Sichuan province - the central site of the devastating May 12 earthquake, which resulted in heavy losses of lives.

China Daily

(China Daily 12/13/2008 page10)

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