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eBay takes control of EachNet

eBay, which paid US$30m for a 33 per cent stake in the internet firm EachNet, said it was negotiating to acquire the remaining 67 per cent later this year. An eBay spokesman said that Delaware- based EachNet, which operates in China through local subsidiaries. is privately held and not profitable. The deal would give eBay […]

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Investment

Learning the lessons

Over the past 20 years, many foreign corporations have had to learn the hard way about how best to enter the China market. Today, they can choose from a range of options, says Professor Jonathan Story. In the l98Os. before Beijing had opened up to welcome foreign direct investment, corporations tended to consider market entry […]

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Investment

Welfare fund managers named

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 […]

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Barriers to entry

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 […]

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Investment

Go-ahead for foreign brokers

China has announced the first group of foreign brokers allowed to trade shares under its Qualified Foreign Institutional Investor scheme. They are UBS, Switzerland's biggest bank, Nomura Securities, the leading Japanese securities firm, and Morgan Stanley and Citigroup of the US. Under the scheme, the brokers will be allowed to trade in the US$500bn A-share […]