The Ministry of Information Industry has pledged to leave local phone rates unchanged over the next few years. South China Morning Post said that the move was designed to sweeten the initial public offering of China Telecom Corporation. Its parent company China Telecom derives about 70% of its sales from services whose prices are fixed […]
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Dolled up for expansion
China’s cosmetics queen, Yue Sai Kan, has launched a Chinese Barbie doll that she hopes will help make her name internationally famous.
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Greater freedoms for Jvs
As part of the ongoing effort to update China’s foreign investment regime and bring it into line with World Trade Organisation commitments, amendments to the implementing regulations for equity joint ventures (EJVs) were issued in July 2001, four months after a number of amendments were made to the EJV law. Some of the changes to the implementing regulations bring them into line with the amended EJV law.
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Off the beaten track
One of China’s best preserved historical towns is just 100km from the capital, offering a tranquil weekend retreat for Beijing residents.
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The Green Games
A successful Olympic Games in 2008 will depend partly on Beijing’s ability to deliver quantifiable environmental gains to its citizens.