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SASAC Acts on Concerns Over Management of $1 Trillion in SOE Overseas Assets
Different SOEs have used different methods to conduct overseas investment, including entrusting which personnel to invest. Large SOEs are multilevel structures in general, and foreign owned bits of domestic SOEs can turn into "dark corners" of management.
May 12nd,2009
China's Restriction on Foreign Express Delivery Service in Postal Law Labeled Protectionism
The revised Postal Law forbids foreign companies from delivering express mail in China.
April 26th,2009
Overseas Investment on Resources and Manufacturing Made Easier
The Ministry of Commerce (MoC) yesterday issued new Regulations Governing Overseas Investment, encouraging enterprises to invest overseas by simplifying approval procedures.
March 17th,2009
MoC Foreign Investment Corruption Case Involves Officials, Lawyers
It has been learned that a number of officials in charge of the Ministry of Commerce's (MoC) foreign investment approval process have been detained, throwing an ugly light on corruption in the approval of foreign investment in China and testing the integrity of multinational companies.
December 4th,2008
MoC Checks Foreign M&A Concerns as Coke/Huiyun Starts Anti-Monopoly Procedure
Foreign M&A in China in recent years has triggered at least concern over industry security, at worst economic nationalism. But the result of an investigation by the Ministry of Commerce (MoC) shows foreign companies' M&A activities in China have not harmed the country's industry security.
December 3rd,2008
Oil Giant Lawsuit May Gain Sympathy, but Little Else
China's private petroleum companies are launching an anti-monopoly lawsuit against the two domestic behemoths, Sinopec and PetroChina, in order to gain a bit of living space. Unfortunately, as China's Anti-monopoly Law includes no sanctions for administrative monopoly, lawsuits of this kind yield no outcome, except perhaps sympathy from the public.
October 14th,2008
Department Monopoly Power Grab Meets Resistance
The General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China (AQSIQ), which has been the focus in a number of Sino-US food quality disputes, may now be facing domestic lawsuits against its promotion of an electronic supervision service, and is being accused of abuses of power and monopolizing the food supervision market.
August 18th,2008
China Edgy Over Internationals in Its Agriculture
Agriculture occupies the largest sector of the Chinese economy, and its stable development is crucial to the development of the country as a whole. The recent domestic inflation led by sharp price hikes for agricultural products, coupled with multi-national companies' entry into the Chinese market, has become politically sensitive and has triggered calls for protectionism.
August 12nd,2008
New Regulations Dump Mandatory For-ex Purchasing to Curb Excess Liquidity
The Chinese government has decided to loosen its foreign exchange management, and the requirement that companies should sell all their foreign exchange to appointed banks has been cancelled. The move is meant to ease the inrushing flood of foreign monies and relieve surplus currency liquidity. The actual effect of the new policy, however, is up in the air.
August 8th,2008
First Chinese State Telecoms Monopolist Sued for Residence Discrimination
On August 1st, the very day the Anti-trust Law came into force, the Beijing Branch of China Netcom (Beijing Netcom) was charged with monopoly.
August 4th,2008
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