China Economic ReviewSOEs have a pressing need to bring in new capital, new technology and new management methods by striking partnership deals with experienced foreign investors. However, they are seldom willing to lose control at the highest corporate level. Instead, they tend to carve out a piece of their operating assets (such as a business unit or […]
China is prioritising development in the gas sector, and international energy companies are keen to sniff out investment opportunities. Even so, market reform is needed if the industry is to become truly viable. After years of underdevelopment, the Chinese government is prioritising gas sector development, with the current five-year plan (2001-05) including a number of […]
Hong Kong's Asia Television said it had won the right to broadcast in neighbouring Guangdong province, although it said that negotiations were continuing on revenue-sharing issues. Currently ATV, along with the SAR's other free-to-air station Television Broadcasts, are routinely and illegally broadcast in the province. However, local cable operators insert their own advertising space and […]
Officials of the zone's management bureau say there are more than 1,000 companies registered there but they admit that only a handful are actually involved in manufacturing. The total includes corner stores, barber shops and karaoke bars – hardly the sort of thing that Kumagai Gumi or Deng Xiaoping had in mind when the project […]
China's leading telecoms companies will cut spending by 21 per cent this year, according to a report by Norson Telecom Consulting. The Beijing-based market research group predicted that investment in telecoms equipment by China's five top fixed-line and mobile carriers would total Yn98.5bn, down from Yn125bn in 2001. The report attributed the slowdown to the […]