Foreign Direct Investment(FDI)in China’s Mobile Telecommunications Sector

Introduction Ten years after China’ s accession to the World Trade Organisation(WTO),the country has emerged as a world economic powerhouse.By the end of 2010,China’ s foreign exchange reserves hit a record US$2.85 trillion(Wang,14 January 2011) and FDI in China rose to a record $US105.7 billion(Bloomberg News, 18 January 2011).Furthermore,China overtook Germany in 2009 as the world’s largest exporter and likely surpassed Japan to be the world’s second largest economy(Bloomberg News,18 January 2011 ).     

The Signs and Causes of Risks of China＇s Commercial Bank

Recently some press reports about the insolvency and the debt-repayment of the GITIC have attracted growing international interest in the problems of the Chinese banking sector： What happened in China？ Which problems exist in the banking sector？ Could these problems trigger a banking crisis in China？ The purpose of this article is to analyze the potential risk in the Chinese banking sector. At first we give an overview of the characteristic of the Chinese banking sector. In section 2 we explain some risk-indicators, then we analyze the factors causing those risks. Finally we give some possible risk-scenes     

FDI in China Soared in First Five Months

Foreign direct investment(FDI)in China soared by 48.15 percent year-on-year to 23.271 billion US dollars in the first fivemonths this year,according to the latest statistics from the Ministry of Commerce(MOC).     

Causes and Enlightenments on M＆A in International Banking

In the past few years, the wave of M＆A in international banking is changing the banking structure profoundly. Banks tended to be more international and more multifunctional through M＆A. As a member of WTO, financial institutions of China are facing more and more challenges by international banks. This paper analyses the causes and characteristics that affect M＆A in international banking and offers some new ideas for banking in China.     

The CBRC to Issue New Regulations

The China Banking Regulatory Commission(CBRC), China's banking watchdog, will amend and issue a series ofregulations to better oversee the banking sector. In order to fulfill its role as strict supervisor, the commission will issue regulations supervising the pricing of     

An Analysis of State-Owned Banks＇ Behavior in NPL Disposition

This paper examines the phenomenon whereby state-owned banks in China tend to not only reduce their non-performing loans(NPLs ) through accepting settled assets, but also overvalue and delay liquidating settled assets. The results imply that the state-owned banks exhibit an obvious book loss aversion behavior when disposing their NPLs, i.e. they minimize book loss and hide real credit loss by settling their NPLs with overvalued assets. This paper suggests that this results mainly from improper regulations, weak financial strength, and over-restrictions on NPL disposition. Since introducing a valuation allowance on settled assets, as suggested by the regulatory body, will not produce the desired effect, this paper proposes that a performance measurement and penalty mechanism based on non-performin gassets instead of NPLs will change the banks‘ attitude towards NPL-asset settlement. In addition, a new internal control method governing the entire process from settlement to liquidation is also suggested.     

Sino-Japanese Economic Relations:A Chinese Perspective

The bilateral trade between China and Japanreached $ 101.9 billion in 2002.up by 16.2％ overthe previous year.This vast volume and fast growthtook place amid China’s accession into the World TradeOrganization at the end of 2001 and increased tradedisputes between the two countries,not to mentionrecurrent foreign exchange rate fluctuations ininternational currency markets and somehow intensified     

Analysis of South Korea’s Direct Investment in China

I.General Situation of South Korea’sDirect Investment in ChinaSouth Korea’s investment in China has increased dramatically since1992,when the twocountries formallyestablished diplomatic relations.According to China’s statistics,in1992,South Korea’s direct investment in China was only US$119million.By2002,it reachedUS$2.721billion–a26.78percent annual growth on average.This was much higher thantheaverageannual growth ofinvestmentby other countries in China,which stood at10.87 pe…     

Consumer Credit Risk Management in an Emerging Market： The Case of China

I. Introduction By any measure, China is now the world hottest economy, with an astonishing annual real GDP growth rate of 9 percent from 1991 to 2003 and with the world’s largest population of nearly 1.3 billion people. As one of the world’s largest and fastest growing economies,Consumer Credit Risk Management in China87 ?2006 The Authors Journal compilation ?2006 Institute of World Economics and Politics, Chinese Academy of Social Sciences there are tremendous opportunities for glo…     

FDI Flows between China and ASEAN： Emerging Factors and Prospect

I. Introduction Foreign direct investment (FDI) from ASEAN into China is now approximately fifty times as much as it was in 1990 (Table 1). China’s national statistics show that ASEAN FDI in China is comparable to that from the top five FDI outflow countries: the USA, Japan, the UK, France and Germany. The cumulative amount of China’s actually utilized FDI from ASEAN during 1994–2004 reached US$33.73 bn, which exceeded the cumulative amount of China’s actually utilized FD…     

Changes in Competitive Behavior of Foreign-invested Enterprises: A Case Study of the Chinese Detergent Industry

China began absorbing FDI towards the end of the 1970s. By the end of 2002, China had approved the establishment of 424,196 foreign-invested enterprises, involving a total contractual volume of US$ 828.06 billion, 447.966 billion of which were put into actual use.The probability of transnational corporations monopolizing the market of a host country and their important position in certain industries in China have prompted many to ask: Will transnational corporations     

Research on CRM Strategy Implementation of Banking in China

With China entry into WTO and opening of the financial markets, banking industry will be sure to be faced with drastic competition from foreign banks that have apparent competitive advantages Over native banks in such aspects as capital, technology, operation, management and innovation. Especially, they have abundant experience in CRM. Up till now, native banks are in their first step on implementing CRM. To establish competitive advantage, native banks must change their operation idea and reinforce the construction of CRM. This paper analyzes CRM implementation characteristics of banking in China, put forward a new CRM strategy system of banking in China, and then points out some problems deserve attention in bank＇s CRM implementation     

China''''s Banking Regulatory Body Established

Approved by the 10th National People's Congress, an independent banking regulatory body - the China Banking Regu-latory Commission- will start operation soon.The newly-founded organization,the RCBI,is an organization at the ministerial level under the direct control of the     

Research on the Application of Customer Relationship Management in Chinese Banking

Customer Relationship Management （CRM） can help banks in China facing the challenge of intensive market competition to enhance their core competence. With the application of CRM, Chinese banking will provide high quality financial services to customers, thus strengthen market status of banks in China.     

Retesting the Separability of China＇s Rural Households

This article retests the separability of China’s rural households in light of growing doubt about the sustainability of high economic growth in China.If a household’s production decisions are "separable "from the household’s consumption decisions,generally this suggests there is no surplus labor.Many scholars aver that China’s surplus rural labor has spurred rapid economic growth,but concerns have arisen as to whether China still has surplus labor available.We investigate this issue using rural household panel data from 1993 to 2009.The regression results confirm that households in rural China have progressed from being non-separable to separable.The estimation results for both the entire country and regions reject the separability hypothesis before 2004 but fail to reject the hypothesis after 2004(with the exception of the central region).These results suggest that China ’s surplus labor supply is dwindling,especially in the eastern and the western regions.The sustainability of China’s high economic growth is questionable in the absence of a large reservoir of surplus rural labor.     

外资银行及其影响

Foreign banks are coming to China. Since China became a member of the World TradeOrganization (WTO) in 2001, a number of foreign-banking institutions have announcedtheir intent to enter the Chinese market. Several foreign banks bought stakes in Chinesebanks, while others expanded their branch networks in major Chinese cities to prepare forlocal currency banking businesses, which have been made possible only recently.The wave of foreign banks entering China today may have vast and profound…     

There Is No Food Crisis in China

In1995LesterR.Brown wrote abook entitled Who willfeed China?(Brown,1995),whoseerroneous contentcaused great losses to China’s economy.The Chinese government tookMr.Brown’s argument at facevalue,and encouraged peasants to overproduce by setting aprotectively high price.Over time,this has used up several hundred billion yuan to pay thedifferencebetweentheofficialpriceand marketprice.Tostorethesurplusfood,thegovernmentappropriated several more billion yuan to build warehouses.However,there …     

Analysis of China’s Foreign Trade Growth and Discussion of Related Policies

I. Analysis of Factors in the Growth of Import and Export TradeAccording to Customsstatistics,China’s import and export tradereached US$620.8 billionin 2002,growing by 21.8 percent, with imports growing by 21.2 percentand exports by 22.4 percent. Such growth reached as high as 37.1 percent in 2003, with the total volumereachingUS$851.2 billion,withimportsgrowingby39.9percentandexportsby 34.6percent.In the firstthree quartersof 2004, the total value of import and export tradehit US$828.5…     

Urbanization: The Chinese Way

I.IntroductionChina’s urban population reached39.1percent by theend of2002,up from the rateof36.22percentin2000,and achievedtheworld’saveragelevelfordevelopingcountries(CCTVprogram,11/12/03).Thebenefitsofasuccessfulurbanizationaremany-fold,including,forexample,creatingnon-farmjobs toalleviateurban-ruralincomedisparity,promotingeconomicand socialequality,and boosting domestic demand,especially the potential demand of China’s rural residents.Urbanization thusbearsdirectlyon thesustainabilit…     

China： Unscathed through the Global Financial Tsunami

This paper investigates the reasons behind the resilience of China＇s economy to the global financial tsunami. China ＇s economy is lowly leveraged in its banking, household, public and external sectors and, therefore, is less plagued by the global deleveraging than most developed economies. Chinese domestic sectors have improved significantly over the past decade, giving them larger capacity to cope with external shocks than during the Asian financial crisis a decade ago. Contrary to the conventional wisdom that China＇s economic growth is highly dependent on exports, we find that the main growth engine for China is domestic demand. Destocking, rather than falling exports, was the main cause of the sharp economic slowdown in China in late 2008 and early 2009. Therefore, the global economic slowdown should have limited impact on China＇s economy. We forecast a sustained eeonomic recovery in China in 2009-2011, with real GDP growth exceeding 10 percent in 2010.