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  • November 23, 2014
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  1. China urged to ease rules on foreign investments

    Posted Sep 10th 2009, 12:00am by Denise Tsang

    ... Denise Tsang The European Union has renewed pressure on China to remove restrictions on foreign investments, blamed for dwindling bilateral trade. EU commissioner for external trade Catherine Ashton yesterday added to complaints from the EU and United States chambers of commerce about Beijing curtailing foreign direct investments by what she called 'equity caps, ...

  2. Foreign direct investment plunges 22pc to US$5.89b

    Posted May 16th 2009, 12:00am by Denise Tsang

    ... Denise Tsang Foreign direct investment on the mainland fell 22 per cent to US$5.89 billion last month, the seventh consecutive monthly decline, as overseas investors tightened their belts ... weak foreign investment. The drop in foreign direct investment was steeper than the 9.5 per cent decline in March, according to figures from the Ministry of Commerce. In the first four months ...

  3. Foreign investors closer to gaining China partners

    Posted Sep 04th 2009, 12:00am by Denise Tsang

    ... Denise Tsang Foreign investors have moved a step closer to being able to set up partnerships on the mainland now that the Ministry of Commerce has drafted rules and regulations to implement a law passed in 2007. Two years after obtaining other government authorities' feedback on the foreign partnership law, the ministry is about to outline details of how the law ...

  4. Guangzhou to revamp hotels as foreign competition builds

    Posted Jun 03rd 2009, 12:00am by Denise Tsang

    ... foreign operators. The government has agreed to transfer for free a 14.36 per cent stake in Shenzhen-listed Guangzhou Dongfang Hotel from state-owned Yue Xiu Enterprises (Holdings) to Guangzhou ... as the pipeline of new hotels is still quite strong.' About 10 five-star foreign hotels are under construction in the city, which will bring the number to at least 22 by 2010, government statistics ...

  5. FDI declines 9.5pc amid global downturn

    Posted Apr 16th 2009, 12:00am by Denise Tsang

    ... Denise Tsang Foreign funds into China trickled lower last month for the sixth consecutive month as investors tightened their belts amid the worst economic crisis since the Depression. The Ministry of Commerce said yesterday that foreign direct investments shrank 9.5 per cent year on year, compared with a 15.8 per cent decline in February and a 32.7 per cent drop in January, ending ...

  6. Beijing tightens scrutiny of FDI to stem hot money inflow

    Posted Jul 19th 2008, 12:00am by Denise Tsang

    ... Denise Tsang The mainland has tightened checks on foreign investments, in an escalated effort to stem the inflow of speculative capital. The move marks a second round of efforts in less ... that the stream of hot money threatened to jeopardise the nation's economic growth and caused risks to its foreign exchange reserve. It ordered thorough checks on the authenticity of projects ...

  7. Business confidence stages strong rebound

    Posted Jul 10th 2009, 12:00am by Denise Tsang

    ... Denise Tsang Business confidence on the mainland rebounded strongly in the second quarter as the government's 4 trillion yuan (HK$4.54 trillion) economic stimulus package started ... 9.1 points to 110.2, according to the National Bureau of Statistics yesterday. The construction sector, foreign and Hong Kong-Taiwan-Macau companies and factory owners felt more upbeat ...

  8. MTR chief guides rail firm on global track

    Posted Apr 18th 2005, 12:00am by Denise Tsang

    ... of our employees speak Italian but most of them can speak some form of Putonghua and English. I always say the official language of any global company is [bad] English.' Language does ... had ambitions far beyond home base. The MTR may have built a chunky overseas consultancy arm under its last boss, but it was Mr Chow who pushed an aggressive foreign expansion committing ...

  9. CLP commits to second wind plant in mainland

    Posted Jun 07th 2005, 12:00am by Denise Tsang

    ... Denise Tsang and Kristine Kwok CLP Holdings has committed to a 165 million yuan wind power project in Weihai, Shandong province, its second renewable energy investment in the mainland. ... said. The Weihai project marks CLP's second investment in Shandong, after a 27 MW greenfield wind power project in Changdao was committed to in December last year. The Changdao project, ...

  10. Participants leave forum with a sunny feeling

    Posted Apr 20th 2009, 12:00am by Denise Tsang, Will Clem

    ... Will Clem and Denise Tsang in Boao, Hainan Only 'polar bears or Eskimos' can survive at Davos, but in Boao 'the ladies can come in their bathing suits if they care to', former Philippine president Fidel Ramos said at the close of the s ...




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