China Economic ReviewUtilised foreign direct investment into China during the first nine months of 2002 totalled US$39.6bn, 22.5% higher than in the same period of last year, according to Ministry of Foreign Trade and Economic Cooperation figures quoted by People's Daily. Contracted investment over the period recorded a year-on-year rise of 38% to reach US$68.4bn and the […]
The Asian Development Bank has approved a US$500,000 technical assistance grant to improve the financial performance and corporate governance of China's state-owned enterprises (SOEs). The grant will help strengthen the performance of SOEs by supporting measures such as improving data gathering and analysis under the enterprise performance evaluation system, which covers about 3,800 large and […]
In total, Beijing plans to spend US$23bn on Olympics-related buildings and infrastructure – a huge amount by any standards, though still barely enough for it to play catch-up with Shanghai. The capital's size, conservative bent and Byzantine local politics have made urban planning difficult. One symbol of the problem is the under-invested metro system, which […]
Capital investmentBeijing is expanding its infrastructure at breakneck speed, but the scale of the construction work across the city brings problems of its own.
China has overtaken the US as the world's most appealing destination for foreign investment, according to a survey of chief executives and chief financial officers conducted by the international consultancy, AT Kearney. The survey revealed a growing appreciation of the size and vibrancy of the Chinese economy. However, the biggest factor in the turnaround in […]