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  • October 25, 2014
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  1. Mainland enterprises pour cash into foreign investments

    Posted Jul 31st 2003, 12:00am by Staff Reporter

    ... that is just a fraction of the global total of foreign direct investment (FDI), China is among the fastest-growing sources of such investment in the world, according to a survey released yesterday. ... capital account is gradually liberalised.' Foreign investments by mainland enterprises have grown on a compound annual basis of 23 per cent in the past decade, and most of the money ...

  2. Guangdong told to stop relying on foreign cash

    Posted Jan 05th 2005, 12:00am by Cary Huang

    ... on foreign-invested ventures, a think-tank on regional competitiveness has warned. The province, formerly the mainland's economic powerhouse, could follow the development models of Latin America, where local businesses were sacrificed to achieve short-term but rapid growth, the Guangdong Academy of Social Sciences said in a report. Warning that overreliance on foreign-invested business ...

  3. Foreigners keep Shanghai party going

    Posted Jun 20th 2005, 12:00am by Mark O'Neill

    ... and Taiwan have turned more cautious and speculators from Wenzhou have sold out and invested elsewhere. Foreign financial groups, in particular, continue to be able to raise funds from interested ... funds were fuelling property price increases in major cities. Chen Yongdong, vice-president of Stanley & Partners Investment Management, said that the foreign funds wanted to hold ...

  4. Foreign banks need to target China's young looking at retirement

    Posted Jun 02nd 2005, 12:00am by Louis Beckerling

    ... foreign entrants than is commonly supposed, but a strategy that targets the young and wealthy in major cities, with cards and investment products aimed at assuaging those retirement concerns, ... must be sustained at high enough levels to leave cash in the kitty for dividends after the mega banks have met the rising costs of doing business and made the steadily increasing investments ...

  5. China warms to foreign banks

    Posted Feb 28th 2004, 12:00am by Mark O'Neill

    ... a forceful advocate for foreign investment in Chinese banks, and has vigorously defended the merits of the new policy direction. Foreign banks, he said recently, could make 'a significant ... used for centuries to keep foreigners at bay from its closed world. Now, it is embracing foreigners in one of the most important sectors of the economy- banking. In December, the China Banking ...

  6. Foreign insurers poised for China plays

    Posted Oct 27th 2003, 12:00am by Christine Chan

    ... is to help domestic insurers boost their capital strength and help fund expansion in a fiercely competitive industry. Foreign investors can invest in these future A-share offers under the qualified ... that of Vietnam- will trigger a large dose of capital injection and foreign expertise. Foreign players are lining up for a slice of a market almost entirely in domestic hands. American International Group ...

  7. Mainland widens door for foreign insurers

    Posted Dec 27th 2003, 12:00am by Enoch Yiu

    ... Enoch Yiu Foreign insurers will gain greater access to the mainland market after the China Insurance Regulatory Commission opened five additional cities. The relaxation, announced with immediate effect last week, also allows Sino-foreign insurance joint ventures to conduct unlimited non-life business with the exception of motor insurance. HSBC Insurance (Asia Pacific) chief ...

  8. Cinda bad-loan resale leaves foreign players out in cold

    Posted Oct 19th 2004, 12:00am by Staff Reporter

    ... It is also signing an agreement today with Sino-foreign investment bank China International Capital Corp to securitise about 20 billion yuan of NPLs from Guangdong province for sale to domestic ... the three- Huarong, Great Wall and Orient- will Cinda be free to sell them to other domestic and foreign investors. The move is seen as an attempt to spread the workload and reduce Cinda's NPL ...

  9. Generosity prompts calls for a HK 'foreign policy'

    Posted Feb 05th 2005, 12:00am by Klaudia Lee

    ... Department of the Office of the Commissioner of the Ministry of Foreign Affairs were also taking notes during the seminar. Most speakers argued that the principle of 'one country, two ...

  10. Beermaker welcomes foreign control

    Posted Jun 16th 2004, 12:00am by Staff Reporter

    ... Guangdong Brewery remark paves the way for more overseas stake-building Guangdong Brewery Holdings says it is open to foreign equity control as long as the company continues to thrive. The remark paves the way for foreign brewers wanting to take a majority stake in the mainland's No12 brewer, which is 53 per cent-owned by the Guangdong provincial government. Earlier this year, ...




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