Business

A new power base

Even before the handover, mainland Chinese companies had secured stakes in strategic industries in Hong Kong, a clear sign of where political influence now resides.

An industrial future?

Hong Kong has lost much of its manufacturing capacity to the mainland but opinion is divided as to whether it should try to recover lost output through investment in high-tech industries or continue as a service-based economy.

Sensitive partners

While trade and investment between China and Middle Eastern countries is growing, both sides continue to tread lightly around potentially divisive political issues.

New approval hurdles for project finance

China's government wants to encourage international project finance. International law firm Freshfields looks at a new set of regulations which will set the pace in 1997 and beyond.

A multi-market approach

China is a diverse market but advertisers have yet to exploit the differences, argues Andrew Green of Zenith Media.

Of gates and gatekeepers

The central government has been effective in controlling the proliferation and content of satellite television in China. Even selling programmes to local networks is a difficult process.

An acquired taste

Changing lifestyles in China are promoting demand for convenience foods, as SRG explains.

1997 and all that

Some questions and answers about the handover, supplied by Credit Lyonnais Securities Asia...

One country, one system

Shenzhen is offering foreign companies the same treatment as that afforded to domestic companies. What does this mean in practice and how quickly is the rest of China likely to follow?

Diamond sales sparkle

Gold is the favourite store of wealth among Chinese but diamonds are an increasingly popular jewellery item, writes SRG.

Less-skilled pay price of success

Shanghai may be wealthier as a result of the economic reforms, but at the cost of rising unemployment and social unrest.

Broker seeks wider role

Shenyin & Wanguo Securities has risen to prominence in China's emerging securities industry but it will face stiffer competition as it tries to expand regionally.

Persistence pays off

Despite years of suffering from a property market glut, Pudong is finally showing signs of blooming into a vibrant financial hub.

Changing channels

In March China issued its most recent set of rules governing the creation of private sales forces. International law firm Freshfields examines the impact on foreign investors.

A moving experience

Project cargo in China is fraught with difficulty. Improvements to the transport and legal frameworks will be needed if new projects in interior provinces are to get off to a good start.

BUSINESS SCHOOLS

Demand for management training is far outstripping supply and will continue to do so despite the creation of many new programmes. But reservations about financing and the inexperience of Chinese faculty is holding back more active participation from leading foreign business schools. We also investigate a new type of training centre for managers set up by the British Chamber of Commerce in Beijing.

Rise of the compradore

Thailand's CP Group has earned enormous influence in China but some investors remain concerned about its strategy.

One over the eight

Being allowed to conduct local currency business in Shanghai offers few immediate advantages to the eight foreign banks which have won licences, a number which is expected to grow to nine later this year. But it does present longer-term opportunities.

US firms fight for finance

Chinese hospitals now have substantial autonomy over medical device purchases and many have the funds to buy sophisticated diagnostic equipment.

Port with potential

Planners in the northern city of Dalian are among the most enlightened in China. Yet while they are creating a green and dynamic environment, Japanese investors are starting to move south.

City with a vision

Dalian's planners have helped to create a green and dynamic environment for local inhabitants and foreign investors.

Demand starts to splutter

Foreign manufacturers have been quick to exploit the motorcycle boom, writes SRG, but this has created overcapacity and will lead to consolidation of the industry.

Defining the current account

Convertibility has led to increased scrutiny by the exchange authorities 'to make sure that transactions which should be under the non-convertible capital account are not dis guised under the current account.

End of the balancing act?

China's currency is now partly convertible and it should be fully convertible by the year 2000. The implications for foreign investors during this transition period warrant careful analysis.

Amazing grace

China has again extended the grace period for VAT exemption on certain imports. Freshfields looks at the fine print.

Silk industry turmoil

China?s silk production plunged by 40 percent in 1996, a consequence of the decision taken a decade ago to flood world markets with cheap silk. The markets will take time to recover.

To buy or not to buy?

Foreign companies looking to impress clients can either buy or rent a luxury car. What are the relative benefits?

Better late than never

Bad debts and late payment beset investors in China, where the tasks of assessing creditworthiness and recovering debt are especially difficult.

HOLLAND

Small Dutch agribusinesses are tentatively exploring the China market, while multinationals such as Shell continue to add to their investments

MEDIA: A new ratings system

Television in China was launched in 1958,

Pages

Subscribe to RSS - Business