Other Briefings
Chinese Protectionism vs. Political Pressure
Mar. 31 – One of the debates doing the rounds following the fallout of the Coke-Haiyuan deal is China’s attitude towards foreign investment. There have been cries of protectionism and warnings on the perils of doing business in China, and in certain quarters, an absolute belief that China is “anti-foreign takeover” doing the rounds. One […]
China Increases Rebates on Textile, Metal Exports
Mar. 30 – Beginning April 1, tax rebate rates on selected textile, iron and steel, nonferrous metal, petrochemical, electronic information and light industrial exports will be raised. The amount of the tax rebate rate is still unavailable; pending confirmation from the State Council. The move should help make the economic stimulus plan more effective while […]
China Industry: Mar. 30
Mar. 30 – This is a regular series of relevant industry news from around China. Solar power Solar Energy Technology Support Center, a new joint venture technology project, has opened doors at the Hong Kong Science Park. The initiative is part of the “Shenzhen-Hong Kong Innovation Circle,” a cooperation agreement between Shenzhen and Hong Kong. […]
High-Speed Trains Cut Travel Time to Central China and YRD
Mar. 25 – Two new high-speed railways will slash travel time to Central China and the Yangtze River Delta when they begin operations on April 1. The two new railways are the Hefei-Wuhan passenger railway and the Shijiazhuang-Taiyuan railway that connects the north and the west. A journey from Wuhan to Shanghai will be cut […]
Spending Plan Risks Industry Overcapacity
Mar. 23 – China’s focus on economic growth and investment risks worsening the nation’s overcapacity in industries with global markets unlikely to be able to buy the extra supply, according to economists. China will need to boost consumption at home to absorb the excess supply as overcapacity may overtake actual demand. The stimulus plan is […]
China Industry: Mar. 23
Mar. 23 – This is a regular series of relevant industry news from around China. Solar power Chinese solar cells maker China Sunergy Co. saw its revenues rise by 49.4 percent to US$350.9 million last year. Gross profit for 2008 was US$15.5 million, down from US$18 million in 2007. The company’s revenues in the fourth […]
Tianjin Port Overtakes Guangzhou in Cargo Throughput
Mar. 19 – Tianjin Port has emerged as a major global port as it overtook Guangzhou Port to become China’s third largest and the world’s fifth largest port. It is the biggest artificial deep water port in the country and last year handled 356 million metric tons of cargo, surpassing average coastal harbor growth rates. […]
Coke-Huiyuan Deal Fails under Antitrust Review
Mar. 19 – Coca-Cola’s bid to acquire China Huiyuan Juice Group was rejected under the anti-monopoly review conducted by the Ministry of Commerce on grounds that the deal would affect or limit competition and was not conducive to the development of the country’s juice industry. “Coke may have taken advantage of its leading position in […]
