Chinese stocks, red chips and global financial markets
By Andy Scott SHANGHAI, Mar. 6 – Asian stocks are rallying for the first time in five days, stemming a worldwide sell-off that wiped US$1.5 trillion from the value of global shares. The downward trend began last Tuesday when the Shanghai stock market dropped over 9 percent. Other Asian markets began to tumble and by […]
South China regional highlights
Guangzhou and Shenzhen Foreign trading companies registered in free trade zones (FTZs) are, in theory, allowed to expand their business scope to enjoy the rights of import/export and distribution in China now widely conducted through foreign invested commercial enterprises (outside FTZs). In practice, however, we have found that some of the FTZs are not implementing […]
Land policy in Zhongshan
With the spreading development of foreign direct investments across China, not only big cities, but also second tiers city have become more concerned about how to make most from the limited land they have. The southern Chinese city of Zhongshan it’s an interesting example in this regard. While the Zhongshan Government has issued a wide […]
Fast track FICEs in Guangdong province
As China Briefing readers probably know by heart, since December 11, 2004, foreign investors have been allowed to engage in wholesale, retailing, agency and franchising activities in Mainland China through the so-called FICE structure (Foreign Invested Commercial Enterprise). This new legal structure opens up an unlimited range of potential business opportunities. Meanwhile, as the authorities […]