Beijing relaxes its distribution rule for foreigners; move widens retail markets, allows wholesale operations and could boost WTO bid
Article Abstract:
China has implemented new retail and wholesale policies which loosens up the previous restrictions it has imposed on foreign investors. The 'People's Daily' has published that foreign firms will be allowed to run retail joint ventures in more cities and to conduct wholesale business as well. Multinational companies will also be permitted to consolidate their marketing and distributions operations, giving them more negotiating powers. The move by China is seen as overcoming an obstacle to its entry to the World Trade Organization.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Beijing to allow foreign companies to list their shares
Article Abstract:
China intends to permit foreign-owned firms to enlist on its domestic stock markets. The measures, aimed at boosting the number of foreign investors in the country, also include tax breaks for foreign firms and the establishment of additional free-trade zones throughout the country. China's liberal investment policies come at a time when the country is entering high-level discussions with the US regarding its long-sought participation into the World Trade organization.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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China's fickle policies deter electricity projects
Article Abstract:
Several foreign companies are interested in participating in China's plan to increase its power-generation capacity by over 50% by the year 2000. The Chinese government hopes foreigners will shoulder a minimum of 20% of the program's projected cost, estimated at around $100 billion. However, the amount of foreign capital which has been invested in the project remains very little, largely due to inability of the government to provide clear investment guidelines.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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