Official says foreign investment may be banned from Net
Article Abstract:
China's Minister of Information Industry Wu Jichuan reminded foreign Internet service providers that no foreign investor is allowed to provide access to the Internet as it is a violation of China's laws. The statement implied closing off one of China's most promising sectors to foreign investment. Analysts say that the Chinese government views foreign operators of Internet portals and related services as similar to telecommunications operators. Under China's laws, foreign investors are restricted to the manufacture of telecom devices.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Taiwan names the winners
Article Abstract:
Taiwan has announced the winners of the bidding for licences to run cellular phone services on the island. The winners will compete with the state-run telecommunications service named Chung Hwa Telecommunications Corp. With the operation of the new licences, consumers can expect better services, lower prices and better choices within nine months to one year. There were eight licences awarded to different companies including Pacific Electric Wire & Cable, Far Eastern Group, AT&T Corp. and Sprint Corp.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Firm linked to Taiwan's opposition is surprise winner of network license
Article Abstract:
The Taiwanese government has granted the country's first private TV broadcasting license to opposition party-held People Broadcasting Corp. The broadcasting company quickly revealed plans to establish a new $116.4 million TV network in southern Taiwan and promised to deliver truthful news broadcasting to the country. However, People Broadcasting's prospects of becoming profitable are slim due mainly to increased competition from several local and regional TV stations.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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