Archive for the ‘China Weekly News’ Category

Is Our State and Federal Gov’t Making it Easy for US Companies to Move to China?

A story in Bloomberg BusinessWeek about a US company moving from Massachusettes to China caught my eye.I began to wonder why the US does not attract many Chinese businesses and are there other underlying reasons why some US companies move to China, aside from the labor arbitrage?
With the financial condition of states and municipalities, they're [...]

Read the rest of this entry »

Chinese Yuan Shooting for Global Currency Status

 
China has launched trading in its currency in the U.S. for the first time, an explicit endorsement by Beijing of the fast-growing market in the yuan and a significant step in the country's plan to foster global trading in its currency.
The state-controlled Bank of China Ltd. is allowing customers to trade the yuan, also known [...]

Read the rest of this entry »

China Expands Easing of Capital Controls on Exporters

 
BEIJING—China eased capital controls on exporters' foreign-currency earnings this weekend—a move that over time could damp inflationary pressures and slow growth in the massive foreign-exchange reserves that have made Beijing a heavyweight global investor.
The move, an expansion of a program that allows exporters to keep their foreign-currency earnings overseas instead of changing them into yuan, [...]

Read the rest of this entry »

Wall Street Warms Up to China Story

 
 
Visiting China was considered an indulgence for most financial executives just a few years ago.
But when Berkshire Hathaway Inc.'s Warren Buffett, J.P. Morgan Chase & Co.'s James Dimon, Kohlberg Kravis Roberts & Co.'s Henry Kravis and Carlyle Group's David Rubenstein all visited China in recent months, the trips were seen as something else entirely: crucial steps to keep their respective companies [...]

Read the rest of this entry »

China Economy to Expand by 10% in 2011

China's economy will expand by 10% in 2011, and inflation will remain moderate with the consumer price index (CPI) rising 3.3%, a top think tank predicted on Tuesday. The Chinese Academy of Social Sciences (CASS) said in its annual Blue Book of China's Economy report that the economy will grow by 9.9% in 2010 and [...]

Read the rest of this entry »

China Considers Opening Up Debt Capital Market

 
Zhou Xiaochuan, governor of the People’s Bank of China, believes that the openness of debt capital market will greatly contribute to the foundation of a more mature market-oriented economy at a time when China expects more speculative investment inflow after the second round of quantitative easing by the U.S. Federal Reserve.
Zhou cast his “pool” theory [...]

Read the rest of this entry »

China Looks to Improve Intellectual Property Rights Protection

 
At the start of the fourth China patent week in Chongqing on November 7, the Chinese government has expressed an interest in improving the nation’s intellectual property rights protection system.
The State Intellectual Property Office of the People’s Republic of China released the “National Patent Business Development Strategy (2011-2020)” on November 11 and according to Gan [...]

Read the rest of this entry »

China Foreign Domestic Investment up 30% in July

BEIJING – The amount of foreign direct investment (FDI) China received in July rose by 29.2 percent year on year to $6.924billion, said Yao Jian, spokesman of the Ministry of Commerce (MOC), Tuesday.
The figure brought the country's FDI inflow to $58.35 billion in the first seven months of the year, an increase of 20.65 percent [...]

Read the rest of this entry »

Morgan Stanley raises property in China portfolio

 
SINGAPORE – Morgan Stanley is adding to the weighting of property stocks in its China model portfolio, saying that a further volume recovery in the nation's housing market is "imminent".
The brokerage added China Overseas Land & Investment Ltd to the model and increased its position in China Resources Land Ltd, according to a report by [...]

Read the rest of this entry »

China’s Supreme Court issues rules on foreign investment disputes

 
BEIJING – China's Supreme People's Court (SPC) on Monday issued a set of regulations providing a detailed ruling basis for cases involving foreign investment companies regarding share transfer, anonymous investment and other procedures.
The regulations mainly focus on conflicts involving foreign limited liability companies, including the effectiveness and legal consequences of equity transfer contracts without administrative [...]

Read the rest of this entry »