Country's fortune 1,000 don't exactly signal recovery

Article Abstract:

1999 Financial figures for China's 1,000 publicly traded companies indicate financial troubles continue. Most corporate earnings were down from the previous year, and overcapacity and poor management are cited as common problems.

Forecasts, trends, outlooks, International economic relations, Communications Equipment, Telecommunications Equipment, Communications Equipment Manufacturing, Finance, Forecasts and trends, Telecommunications equipment industry, Telecommunications systems, Economic development, TCL Communications Equipment Co., Pudong Development Bank, Shenzhen Development Bank

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Monetary Policy Steps, Mutual Fund Race Tied to WTO. Reforms Include Liberalizing Interest-Rate Regime and Building of Fund-Management Sector

Article Abstract:

As some Chinese fund-management companies prepare to offer the country's first mutual fund, the Central Bank of China has decided to lift foreign currency controls and some deposit rates in an effort to liberalize its interest rate management.

Services introduction, Securities issued, listed, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Banking Regulation, Management, Foreign exchange, Mutual funds, Banking law, Central Bank of China

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Banks ponder China deals

Article Abstract:

Foreign banks are considering acquiring minority stakes in some Chinese banks as a way to curry favor with regulators for future endeavors. China is set to open its $1.7 trillion deposit banking sector. HSBC is in talks to acquire approximately 8% of the Bank of Shanghai for about $60 million.

Asset sales & divestitures, Acquisitions & mergers, Hong Kong, Investments, Securities, Hongkong and Shanghai Banking Corporation Ltd., Bank investments, Bank of Shanghai

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