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| Thursday, October 16, 2008 00:52:33 |
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January 11,2007
The Bureau of Statistics recently announced that China’s real estate sector has received 16.7 billion yuan (US$2.087 billion) in foreign investment during the first half of 2006, which is an increase of 32.5% year-on-year. The volume saw a 46.6% increase in the first three quarters to 25.9 billion yuan (US$3.24 billion). To a certain extent, stronger macro controls have not dampened the interest of foreign investors in China’s real estate sector. Some experts claim it created an even better investment environment since they are assured of lower investment risk and higher investment return. November 17,2006
In the past month, the banking and finance regulatory commission lifted barriers to enable banks to engage in stock funds and insurance businesses while insurance firms can directly invest in the stock market and acquire stakes in banks. This unveils the key changes in a fully opened finance sector. Financial institutions on the Mainland can have a more diverse mix of operations in securities, banking and insurance. November 10,2006
With the rise of operator customized mobile phones and the lack of quality after-sales services, mobile phone after-sales services is no longer a monopoly dominates by the major mobile phone makers in China.
November 03,2006
China’s insurance sector is hit by an array of interesting events lately. With full opening of the insurance sector, not only have joint ventures been formed and new products launched but also enormous capital from insurers into banks and securities. Supported by the China Insurance Regulatory Commission, a new survey on China’s life insurance market showed that while middle and lower income groups compose the main client segment with health insurance, accident insurance and insurance for children the most popular products. The survey also shows local insurance firms need to improve after-sales service, develop better policies on compensation, complaint handling and insurance policy withdrawal.
October 18,2006
Despite the series of regulations launched in March 2006 to dampen an overheating real estate market, investments continued to mount in provinces and key cities raising fears of an asset bubble waiting to blow.
October 18,2006
Viacom's MTV networks (MTVN) and China's Baidu.com Inc have signed a strategic content and advertising alliance, bringing 15,000 hours of MTV and Nickelodeon video content to China's internet users through Baidu.com's 'MTV zone,' the website's first branded area Forbes reported.
October 17,2006
Guangzhou’s land and housing management bureau reports a drastic reduction in property prices since the implementation of macro controls this year. Property prices fell by 6 percent to 6,382 yuan (797.75 US dollars) per sq. meter in September. First-hand property transaction also slowed down in the last three months. Beijing on the contrary saw a rise in transactions in September. What could have made the difference?
October 16,2006
Mazda Motor Corp. is unlikely to achieve its China sales target this year because of fierce competition and the suspension of production for a new model, The Wall Street Journal reported.
October 13,2006
Telecommunications equipment giant Motorola is seeking opportunities for investment in China after making the country its global base for production and research, People’s Daily reported.
October 10,2006
Canada's Manulife Financial Corp. said on Tuesday it expected to sell insurance products in about 40 Chinese cities by 2010 as its total premiums in China will see 20 percent growth this year, Reuters reported.
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