Other Briefings
Foreign Businesses Permitted to List in Shanghai
SHANGHAI, Apr. 30 – China’s State Council yesterday approved plans to permit, on a trial basis, overseas companies to list on the Shanghai stock exchange. The ratification allows foreign companies to list on the exchange, to use RMB for trade settlements, and to float shares in RMB denominated bonds. The government also permitted Shanghai to […]
New Regulation on Releasing Financial Info
Apr. 30 – China’s State Council Information Office, the Ministry of Commerce, and State Administration for Industry and Commerce has announced a new regulation regarding the release of financial information in the country by foreign organizations. Effective June 1, the rule will include the approval, investment, supervision and legal responsibilities for foreign organizations in the […]
China Ramps Up Security for 60th Anniversary Celebration
Apr. 29 – China has announced that it would launch a security campaign in May similar to the measures taken last year for the Beijing Olympic to guarantee safety for the upcoming anniversary celebrations marking the founding the of the People’s Republic of China on Oct. 1. The event is a milestone for the government […]
China Sector Watch: Tourism
This series will take an in-depth look at the industries that are shaping the Chinese economy today. By Joyce Roque Apr. 29 – The tourism industry in China in many ways is still at its early stages. Compared to the other industries that opened up after the reforms made Deng Xiaoping thirty years ago, the […]
Around Asia: Apr. 28
Apr. 28 – A weekly look at China and related influential regional news. Vietnam Taking Precautionary Measures Against Swine Flu At the recommendation of health experts, Vietnam has established precautionary measures to protect itself from the spreading H1N1 strain of swine flu virus currently affecting people in Mexico and the Unites States. (Vietnam Briefing)
China Signs Deals Worth US$10 Billion with U.S. Companies
Apr. 28 – At yesterday’s forum hosted by the U.S. Chamber of Commerce and the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, Chinese companies signed 32 contracts with American companies worth US$10.6 billion. These companies included Ford Motor Co., International Business Machines Corp., Dell Inc., Cisco Systems Inc., Hewlett-Packard […]
Hong Kong Announces Strict Measures Against Swine Flu
Apr. 27 – Once the epicenter of a SARS outbreak, Hong Kong,has announced that it would implement strict measures in response to the reported swine flu outbreak in Mexico and the United States. According to the U.S.’s Centers for Disease Control and Prevention, at least 20 cases have been already been confirmed in New York, […]
China to Spend US$10B in Next Phase of Stimulus Plan
Apr. 27 – As part of the next phase of its stimulus plan, Beijing is set to spend RMB70 billion or US$10.3 billion to be used mostly for infrastructure projects. The amount is part of the total RMB4 trillion yuan stimulus package announced by Beijing last November to help the economy cope with the global […]
