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19 Nov 2007, 12:18 pm
In 2003, China enacted merger regulations, entitled Interim Provision for Foreign Investors to Merge Domestic Enterprises, which applies exclusively to foreign investment enterprise.[3] According to the rules, a foreign investor "must seek approval from the relevant government bureau prior to conducting a merger when (1) one party's annual sales in China are above RMB 1.5 billion (about U.S. $ 180 million), (2) the foreign firm has acquired more than ten Chinese firms in the same… [read post]
18 Nov 2007, 2:03 am
Confident in the city's export prospect, on November 6, it added an investment of over RMB 70 million into building a new Chengdu Agilent Technological Base. [read post]
14 Nov 2007, 4:20 am
Correct me if I am wrong, but putting pressure on China to “appropriately value” the RMB could lead lead to higher interest rates and inflation in the US should they actually take his advice and knock the RMB to say 6.50USD …. and with the U.S. economy teetering on a recession driven by an inability of people to pay back their debt.. [read post]
5 Nov 2007, 5:52 pm
The construction will last one year, and its annual output value is estimated to reach RMB 150 to 200 million after full production being met. [read post]
2 Nov 2007, 9:30 am
2) What should the RMB/ USD rate be? [read post]
1 Nov 2007, 9:23 am
So.. the RMB goes to 6. [read post]
16 Oct 2007, 7:33 am
Also according to the data from Chengdu tourism bureau and statistics bureau, by 18 hours of October 7, the city has received 4.929 million visitors and realized tourism revenue of RMB 2.302 billion during the Golden Week. [read post]
13 Oct 2007, 7:01 am
This scene wraps with Vance driving on top of what should be the foundation of his new factory (he paid 2.7 million RMB for it) and I must say that he took it well. [read post]
27 Sep 2007, 7:37 pm
For years, foreign companies and governments were able to benefit from China’s reduced cost base, but with the RMB depreciating, the VAT rebate being reduced, and raw material prices continuing to increase, it is clear that some of the cost advantages once found in China are fading away. [read post]
24 Sep 2007, 12:35 am
., and Moody's Investors Service have all been contacted by the SEC and questioned about their procedures and policies on rating collateral debt obligations (CDOs) and residential mortgage-backed securities (RMBS). [read post]
20 Sep 2007, 2:33 pm
China has had high growth this year and now has a GDP of some 13.65 trillion RMB". [read post]
19 Sep 2007, 7:48 am
It is revealed that the projects plan to absorb social capital and government direct investment of over RMB 1.2 billion, and will drive an estimated over RMB 100 billion indirect social investment. [read post]
11 Sep 2007, 4:50 pm
If monopolistic agreements have not been implemented, a fine of less than 500,000 RMB may be imposed by the Anti-monopoly Enforcement Agencies. [read post]
1 Sep 2007, 2:42 am
Chengdu municipal commercial bureau recently has issued a series of policies to loose market entry and promote private companies: allowing companies (except one-man business) with registered capital less than RMB 5 million to register with zero down payment as long as its shareholders promise to fund 20% of the capital within three months and the rest in installments. [read post]
27 Aug 2007, 9:43 pm
Chinese law says it must be at least 100,000 RMB, which equals roughly $13,000. [read post]
16 Aug 2007, 9:18 am
. -- 60 percent of respondents believe the VAT change will have greater consequences than the appreciation of the RMB, China's currency, this year. [read post]
10 Aug 2007, 10:26 am
The topics will include the following: Commercial Banking in China China and World Capital Markets China Domestic Capital Markets Cross-border M&A China's RMB & Foreign Currency Issues Click here [pdf] for the agenda. [read post]
8 Aug 2007, 5:29 pm
PwC donated RMB 1000 for every successful shot made at PwC's annual China Cup basketball tournament, an inter-office sports event involving all twelve PwC offices in mainland China, Hong Kong and Macau.PwC's history working with Beijing's various Olympic committees began in the year 2000 when the firm first provided financial advisory services to the Beijing 2008 Olympic Games bid committee. [read post]
3 Jul 2007, 1:13 am
Basic Stats: 10km from city center/ 6km from Yangtze container port, 2000+ FIEs (25 Fortune 500) have invested @ average of 100MM RMB,30+ universites nearby, basic labor between 400 - 600RM/ month We hope you are enjoying our coverage on these zones, and will continue to comment. [read post]
1 Jul 2007, 8:05 pm
Adding to the normal news cycles of a ballooning trade deficit and a RMB that just won’t revalue, the last 4 weeks have seen stories on pet food manufacturers cutting corners, tire manufacturers cutting corners, toy train manufacturers cutting corners, and a whole host of products that are unsafe for the American market. [read post]
