Foreign Investment in China

Ford gets auto loans from China May 29, 2005 The finance unit of Ford Motor Co yesterday said its wholly-owned branch in China has received final approval from Chinese regulators to provide car loans. Time Warner in talks for China TV tie-ups May 17, 2005 Media conglomerate Time Warner Inc is talking with China's top two broadcasters about partnerships in the country's newly opened TV program-making sector, its chief executive said on Tuesday. Lenovo ranked as world No 3 PC maker May 3, 2005 Lenovo became the world's third largest personal computer enterprise yesterday, thanks to its acquisition of IBM's PC unit. Lenovo completes IBM PC division acquisition May 2, 2005 China's largest computer maker Lenovo and IBM of the United States have said they had completed a deal to create the third-largest computing company in the world. Airbus to set up engineering center in China May 1, 2005 Aviation giant Airbus said Saturday it would set up its fourth biggest engineering center in Beijing to do aircraft design work for its super long-range passenger plane A350. Generali rises to top foreign insurer April 28, 2005 American International Group Inc (AIG) lost its place as the biggest foreign insurer in China to Italy's Assicurazioni Generali SpA, which sold a record US$2.4 billion group policy in the country this year. United Airlines promotes new service in China United Airlines (UA) announced Sunday its plan to promote a new service in China. 15% income tax in Shanghai from expatriates October 13, 2004 Some 30,000 expatriates in Shanghai were responsible for 15 per cent of the income tax collected during the first half of this year. Coca-Cola's northeastern expansion October 13, 2004 Coca-Cola, the world's leading beverage supplier, formed a manufacturing network in Northeast China, with a bottling plant that started operation yesterday in Jilin Province. Sinochem, Total setting up joint venture October 11, 2004 Sinochem Corp, the fourth largest State oil company in China, signed an agreement with France's TotalFinaElf on Saturday to establish a joint venture to market oil products in North China. Foreign insurers achieving rapid growth September 29, 2004 Foreign insurance companies' business in China is likely to accelerate after the full opening-up of the market at the end of this year, a senior Chinese regulator said yesterday. Overseas partners to revamp Northeast China September 27, 2004 China will strengthen ties with foreign partners to revitalize the economy in Northeast China and to further co-operation in Northeast Asia, a senior official said. FedEx to turn Shanghai into cargo centre September 27, 2004 US FedEx plans to turn Shanghai into its intercontinental cargo centre in the Asia-Pacific region by adding more flights to its air routes from China to the US, Europe and the Asia-Pacific hub in Subic Bay in the Philippines. China tops investment destinations September 22, 2004 China became the world's largest foreign direct investment (FDI) recipient in 2003. Further investment quotas granted to QFIIs September 16, 2004 China's foreign exchange regulator granted three qualified foreign institutional investors (QFIIs) additional investment quotas yesterday, saying such institutions have become an important force in the domestic capital market. IBM builds up leading position in PC market September 15, 2004 IBM will consolidate its position as China's No 1 personal computer brand in terms of sales value with increasing investments, new products and aggressive marketing activities. China, more than a world factory September 13, 2004 China has transformed into a trade powerhouse and a world factory with more than two decades of market reforms and opening up, but the country should not just be a world factory, said participants at China Business Summit 2004 Sunday in Beijing. Chongqing forges ahead in foreign investment September 9, 2004 Chongqing, in the heart of southwestern China and the nation's youngest municipality, is pulling out the stops to lure investment from home and abroad to revitalize its manufacturing industry and infrastructure. GSK to sell joint venture September 8, 2004 GlaxoSmithKline (GSK), the world's leading pharmaceutical company, is to sell its first joint venture in China - GSK Pharmaceuticals (Chongqing) Ltd. Chinese firms welcome to list overseas September 8, 2004 The world's major stock exchanges are greeting Chinese firms with open arms. Toyota Motor sets up JV in Guangzhou Updated: 2004-09-07 Toyota Motor Corp yesterday launched a joint venture with China's Guangzhou Automobile Group to produce the Camry sedan in the capital city of Guangdong Province. Taiwan investors eye 14 cities in mainland Updated: 2004-09-05 Fourteen cities and districts in China's mainland have been chosen as the first option of investment destinations for Taiwan business people, according to an annual survey conducted recently. The North Rail Project September 5, 2004 Senate Minority Leader Aquilino Q. Pimentel Jr. yesterday said the three-day state visit of President Gloria Macapagal Arroyo to the Peoples’ Republic of China "was worth it." GMA reports $1-B loans & investments from China trip September 5, 2004 President Gloria Macapagal Arroyo yesterday trumpeted the multimillion dollar loan for the construction of the North Luzon Railways as one of the best deals she brought home from her three-day state visit in China. French firm ready for Beijing Olympics Games Updated: 2004-09-04 Atos Origin, a leading global IT services company, is gearing up for the 2008 Beijing Olympics Games where it will manage a vast information technology (IT) system. China urges stronger economic ties September 4, 2004 The Chinese government urged Philippine officials and businessmen on Friday to take advantage of its Boao Forum on Asian Business to strengthen regional cooperation among Asian nations and create a stronger economic partnership. Wholesale publishing market open to HK, Macao, Taiwan Updated: 2004-09-02 Firms from Hong Kong, Macao and Taiwan will be the first to enter the wholesale publishing market on the Chinese mainland in the second half of this year, according to the country's publishing authority. Legal moves to ensure Internet prosperity Updated: 2004-09-02 As the Internet has been up an running in China for 10 years, the government said it will use legal measures to create a favourable environment for the prosperity of the industry in coming years, senior officials said yesterday at the Internet 2004 conference in Beijing. Stock market becomes increasingly polarized Updated: 2004-09-02 Companies with good corporate governance, steady competitiveness and big potential of growth are major investment targets for fund managers in China in the second half of the year, as the Chinese economy undergoes a restructuring to become more market-oriented and energy-efficient. Organization to promote environmental study Updated: 2004-08-31 A new science organization is expected to help the research on how human activities and environmental changes affect each other. China: Insurers allowed to invest overseas Updated: 2004-08-20 Chinese financial authorities announced a long-anticipated liberalization move yesterday, allowing qualified insurance companies to invest foreign exchange assets in overseas financial markets. China to open wholesale market of publications Updated: 2004-08-18 China is to open its wholesale market of books, newspapers and periodicals to overseas investors by the end of this year, said China's publication official in Beijing Wednesday. Development zones hit by land shortages Updated: 2004-08-11 The 49 State-level development zones are being hampered by limited growing room caused by insufficient land sources.