Other Briefings
Foreigners to be Allowed to List on Shanghai Stock Exchange
June 2 – Chinese authorities are set to open the sluice gates of the country’s securities industry so that foreign companies can raise capital and list on the Shanghai stock exchange. They also plan to allow local companies to scout globally for raising funds and listing in foreign stock exchanges, the Times of India reported. […]
Service industry on the rise in Yangtze River Delta
By Jean-Charles Briand, Noemie Lanes and Anna Sellger SHANGHAI, April 30 – To understand how China’s economy is evolving, just look at the Yangtze River Delta. With 30 percent of the country’s private sector, this populous and wealthy region including Shanghai, Jiangsu and Zhejiang provinces has relied heavily on its secondary market for growth. But […]
Improving infrastructure keeps Yangtze River Delta vibrant
By Jean-Charles Briand and Anna Sellger April 18 – Perhaps no other region has played so vital a role in China’s growth as the Yangtze River Delta. Home to Shanghai, Jiangsu and Zhejian provinces, the delta has become the country’s commercial core, accounting for roughly 20 percent of GDP and nearly half of all foreign […]
Dezan Shira & Associates opens new office in Ningbo
Practice now has three offices in Shanghai’s Yangtze River Delta and nine nationally NINGBO, April 16 – Dezan Shira & Associates, the specialist foreign direct investment firm, has opened an office in the port of Ningbo, on China’s Eastern coast just south of Shanghai. The practice, which provides legal, tax and due diligence advice to […]
China’s largest wine importer freed from custody over customs discrepancies
SHANGHAI, April 14 – Don St. Pierre Jr., named the 37th most influential wine person globally, was recently released in Shanghai following a month-long detention and a major investigation of his firm’s wine importation business. St. Pierre was being held as part of an extensive investigation of wine importers by the Chinese authorities looking for […]
Shanghai’s new terminal opens in Pudong, but where are the passengers?
SHANGHAI, April 10 – The second terminal at Shanghai’s Pudong International Airport opened on March 26, more than doubling capacity for the airport to 60 million passengers and year. Built at a cost of RMB20 billion, the new terminal and third runway, designed to handle the world’s largest aircraft, opens just in time to […]
China increases output target of largest domestic oilfield
By Andy Scott Mar. 24 – China’s largest oilfield, Daqing, increased its setimated output target to 40 million tons annually in the coming decade. The Daqing oilfield produced 41.7 million tones of oil in 2007, slightly above the target of 41.62 million tons Xinhua reported. The oilfield’s change in output target is related to China’s rising […]
Official: Shanghai port to see 10 percent growth in TEUs
SHANGHAI, Mar. 24 – The container throughput of Shanghai’s seaport is expected to see stable growth of about 10 percent a year until 2010, said a port administration official at the China Ports Future Forum in Shanghai on Friday. This projected growth is attributed to the booming economy in the Yangtze River Delta and […]
