According to a Pricewater house Coopers(PwC) survey , those joint venture fund management firms in china, which have large investments of foreign asset management companies, are an increasing threat to wholly owned domestic fund management.
Domestic fund management should hold at least more than 51 percent stake in domestic fund management companies based on the rules made by the china Securities Regulatory Commission. As the survey, which interviewed 29 Read more…
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China, competition, economy, firm, fund, survey, venture
After the examination of Aluminum Corp of China’s (Chinalco’s) investment in Rio Tinto, the Australia government has decided to extend another similar examination of two more Chinese firms’ investment in the country’s miners.
According to what OZ Minerals said on Monday, the country’s Foreign Investment Review Board would extend its review of the takeover of OZ Minerals by China’s Minmetals from March 24 and the examination would last for 90 days. Read more…
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Ministry of Justice of the People’s Republic of China
Notice No. 79
According to the “Measures on Administration of Hong Kong and Macao Law Firms’ Representative Offices on the Chinese mainland” (Order of China’s Ministry of Justice, No. 104), the following 61 Hong Kong law firms’ representative offices, which have passed the annual review, are permitted to provide legal services, not including Chinese law practices. Read more…
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Ministry of Justice of the People’s Republic of China
Notice No. 78
According to the Regulations on Administration of Foreign Law Firms’ Representative Offices in China (Order of China’s State Council, No. 338), the following 177 foreign law firms’ representative offices, which have passed the annual review, are permitted to provide legal services, not including Chinese law practices. Read more…
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China, firm, justice, law, ministry, service
A potential global recession is caused by the deteriorating US credit crisis, which is said to force many CEOs of Chinese enterprises to make emergent plan to cut production and corporate expenditure in preparation for leaner times. These companies have for years worked toward an export boom.
As the surplus goods, produced by the fall in exports, can not be digested by domestic market, many Chinese are possibly facing the problem of excess capacity, caused by easy and Read more…
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Chinese, difficulties, firm, global, recession
All overseas-funded enterprises will be unionized by the end of next year, an official from China’s top trade union body said yesterday.
Wang Ying, a division chief of the grassroots organization and capacity building department of the All-China Federation of Trade Unions (ACFTU), said more than 4,100 major foreign companies run by the Fortune 500 are doing business in China. Read more…
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According to a Pricewater house Coopers(PwC) survey , those joint venture fund management firms in china, which have large investments of foreign asset management companies, are an increasing threat to wholly owned domestic fund management. 
