Category: Investment

Japan's Nippon Steel and Baoshan Iron & Steel have agreed to establish a Yn6.Sbn cold-rolled steel plant in Shanghai. The plant will initially be a 50-50 joint venture but Nippon Steel said that Arcelor, the world's largest steelmaker headquartered in Europe, may also invest in the venture. Production is due to begin in 2005. Steel […]

Millea Holdings of Japan said in late June it would pay Yn 1,06bn for a 24.9 per cent hold-ing in Shanghai- based Sino Life Insurance. This is the maximum foreign ownership allowed under curtent rules, although the proportion will be relaxed as part of China's deal to join the World Trade Organisation. The purchase is […]

In the first of a two-part article, Prof. Dr kai-Alexander Schlevogt writes that it is important for foreign investors to analyse and understand the real cultural differences that exist between China and the West Foreign companies entering China face a cultural environment that in many respects coutnists sharply with their Western experience. Real or perceived […]

The first investments from China's national welfare fund into domestic stock markets will soon be made, now that the fund management companies that will handle the business have been selected, according to a report in the Financial Times. The six nominated companies were chosen from a list of 10 that submitted tenders last year. The […]

Foreign investors have been investing heavily in setting up R&D offices in China despite an Inadequate provision of lax incentives. In recent years. foreign companies have been building up their research and development activities in China. Accord-ing to the Ministry of Commerce, there are more than 201) R&D branches of multina-tional corporations in China, involving […]