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21. Risen From Obscurity
With personal assets worth 5.4 billion yuan ($652 million), Lu Guanqiu, the 59-year-old private entrepreneur from Zhejiang Province, was listed as the fourth richest entrepreneur in China on the Rich
Author: TAN WEI Year 2004 Issue 13 PDF HTML
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22. Zoning In: Bonds to Free Trade
As tariffs drop, will we see the demise of the bonded zone?To foreign investors, the largest appeal of China's bonded zones lies in their preferential tax policies. But as tariffs decrease after China
Author: TAN WEI Year 2004 Issue 14 PDF HTML
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23. Differentiated Reserve Rates Adopted
Differentiated rates of required reserve will keep banks with inadequate capital and poor asset quality from expanding their loansThe People's Bank of China (PBOC), with the approval of the State
Author: TAN WEI Year 2004 Issue 15 PDF HTML
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24. Fund Expansion
After setting foot in the domestic capital market in July 2001, China's massive social security fund looks set for overseas investmentGiven the projected numbers of its elderly, China is on a course
Author: TAN WEI Year 2004 Issue 17 PDF HTML
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25. Banking On Service
The advent of foreign banks in China will mean better service, but at a costThe world's largest international bank, Citibank, opened its doors to individual foreign exchange (forex) business for
Author: TAN WEI Year 2004 Issue 18 PDF HTML
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26. Fund Buying Frenzy
Booming fund market gets the public's attentionMore than 10 funds have entered the Chinese market since February this year. The issuance has immediately attracted a slew of investors. In March, two
Author: TAN WEI Year 2004 Issue 18 PDF HTML
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27. Plastic Kingdom
Bankcards are booming, drawing foreign competitors. China's UnionPay grabs its plastic to competeThe China UnionPay bankcard, which uses the RMB, was introduced in Hong Kong on May 1. After 40,000
Author: TAN WEI Year 2004 Issue 23 PDF HTML
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28. Fluctuating Fortunes
China's first home-based semi-conductor company, to be publicly traded in the international capital market, fails to meet the hypeAfter only four years of development, Semiconductor Manufacturing
Author: TAN WEI Year 2004 Issue 25 PDF HTML
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29. E-Biz Puts Fin Into Shopping
Sitting down at a computer to shop is catching on in China, despite some barriersLin Li, a Beijing resident, is busy furnishing her new home and has just discovered the convenience of online
Author: TAN WEI Year 2004 Issue 26 PDF HTML
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30. Banking on Diversity
No restriction in Securities Investment Funds Law marks the beginning of mixed banking operations in ChinaAs China has banned the mixed operation of banks for nearly a decade, taking deposits and
Author: TAN WEI Year 2004 Issue 29 PDF HTML