Zhao Ying

Foreign-funded enterprises gain 200b USD in profits in China – Xinhua

From Xinhuanet (link) Foreign-funded enterprises have recorded more than 200 billion U.S. dollars in post-tax profits in China since the 1990s, a senior Chinese commerce official said. Li Zhiqun, director of Foreign Investment Department of Ministry of Commerce, announced the figures on Saturday at a forum of “Investing in Xi’an, Investing in Future”, held in […]

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Bank of China Ready to Launch $9.9B IPO – William Foreman

From the Associated Press via the Washington Post (link) Office worker Carol Au scurried out of the Bank of China’s dazzling skyscraper in central Hong Kong with a subscription form to buy shares in the lender’s $9.9 billion initial public offering, slated to be the world’s biggest IPO in six years. The 28-year-old was like […]

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