China News Direct

 
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China gears up for overseas investments
(Sep 14, 2014) BEIJING - China's overseas direct investments (ODI) are expected to increase faster than foreign direct investments (FDI) going into the country, a trend becoming more vivid in a slowing economy. It is awakening to many companies when costs of production in China, including labour costs, have risen. More foreign companies ...
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Financial leasing firms on the way to expansion
(Aug 14, 2014) SHANGHAI - Shanghai will have three more financial leasing companies providing domestic and international leasing services, signaling a highly competitive market where firms in Harbin province and Hong Kong are eager to get to. New entrants are shaping the financial leasing market in many ways, driving costs of funds down ... 674 words, Shanghai Metro Financial Leasing, China Shipping Group Leasing, China Jianyin Investment, BOC Aviation, Harbin Bank Financial Leasing, China Aircraft Leasing Group Holdings ...
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State Council sets the stage for Infrastructure finance
(Aug 11, 2014) HEFEI, Anhui - China's central province of Anhui will open 28 infrastructure projects for private and foreign companies, adopting sole equity, joint venture or other modes of investment in pushing big-ticket investments. The provincial government of Anhui announced 28 projects for private investments last week, echoing the State Council's call ... 686 words, China National Offshore Oil Corporation, China National Petroleum Corporation, State Grid Corporation of China, China Telecom, China Unicom, Shenhua Group ...
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Shanghai FTZ to build first foreign-owned hospital
(Aug 05, 2014) SHANGHAI - About 20 medical groups are lining up but Artemed Group of Germany signed a framework agreement in China (Shanghai) Free Trade Zone (FTZ) this July, becoming the first to form a solely foreign-owned medical group in the free trade zone. Artemed Group and Silver Mountain Capital Ltd signed ... 510 words, Artemed Group, Silver Mountain Capital, Shanghai Waigaoqiao Free Trade Zone 3U-Development, Yale University, University of California, University of Munich ...
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White book warns against financial lease disputes
(Aug 06, 2014) SHANGHAI - Shanghai has issued China's first white book on financial leasing contractual disputes, calling for clearer terms and heightened awareness of financial leasing contracts amid a growing market. Shanghai has about 10% of China's aviation financial leasing and 30% of China's overall financial leasing market. The number of dispute ... 510 words, People's Bank of China ...
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State companies aim to boost asset turnover
(Aug 05, 2014) BEIJING - The Ministry of Finance (MOF) has announced the financial status of state-owned enterprises, ranking on the top are petroleum and power companies which have risen to be top Fortune 500 companies. MOF's audit reveals that all state-owned companies in China earned a combined business turnover of RMB47 trillion ... 1023 words, Sinopec, China National Petroleum Corporation, China Energy Engineering Group, China General Technology (Group) Holding, State Grid Corporation of China ...
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Business turns for the better via Shanghai
(Mar 19, 2014) SHANGHAI - New business is brewing up around China (Shanghai) Pilot Free Trade Zone where high-paying professional services or small trades such as wine import may take a turn for the better. Many Chinese companies are in combat mode, ready to take their business to the global stage via Shanghai ...
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Shanghai issues arbitration rules, adapts to services
(Apr 10, 2014) SHANGHAI - China (Shanghai) Free Trade Zone will adopt its first international arbitration rule, handling small claims and disputes in emergency situations through the formal channel of Shanghai International Arbitration Center. Effective 1st of May, the arbitration rule of Shanghai FTZ will be the first of its kind in China. ...
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Export costs escalate in all-risk environment
(May 30, 2014) KUNSHAN, Jiangsu - Payout of export credit insurance to manufacturers in Jiangsu provinces surged 82% in the first quarter after commercial risks of overseas buyers escalated in a volatile economy. It has never been easy for exporters amid a lackluster international economy and uncertainties in some emerging markets. Sinosure (Jiangsu), ...
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China Telecom adds internet games and financial business
(Jun 10, 2014) BEIJING - China Telecom signs strategic agreements to diversify its scope of business to internet games and digital payments which rocketed 200-300% last year, the fastest growing sector shaping up any companies. China Telecom, China Culture Industrial Investment Fund and Shunwang Technology signed in Beijing a framework agreement to increase ... 521 words, China Telecom, China Culture Industrial Investment Fund, Shunwang, China Bohai Bank ...
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