The injection of mobile businesses in eight inland provinces into China Mobile’s listed subsidiary is likely to expose foreign investors to a wilder form of price competition than they are used to in the coastal provinces.
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After the break up
The dismantling of China Telecom last month ended five months of paralysis in the telecoms market, but it also raised fundamental questions such as how will fixed-line operators make profits in a rapidly changing and increasingly competitive sector.
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Shake-out for SOEs
The implications of China’s accession to the WTO are explored in a new Unctad report. In this extract, state-owned enterprises in sectors such as automobiles are shown to be especially vulnerable to big job losses. For two decades leading up to its entry into the World Trade Organisation last December, China has undertaken economic reforms […]
A China Northern Airlines flight from Beijing to Dalian crashed on May 7, killing all 112 passengers and crew. The McDonnell Douglas MD-82 jet crashed into the sea about 10km from Dalian after the pilot reported a fire in the cabin. It was the second fatal air accident involving a mainland Chinese plane in less […]
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Howard Johnson makes China debut
The US-headquartered mid-price hotel group Howard Johnson has opened its first property in China. The 230-room four-star Beijing Howard Johnson Paragon Hotel is the first of six Howard Johnson hotels due to open in China this year; the others will be in Shanghai, Qufu, Chengdu, Nanjing and Hangzhou. All will be management contracts and all […]