domestic companies

Why There Isn’t a Chinese Fast Food Mega-Chain

As Chinese consumers devour more and more fast food (and begin to experience the correlated health impacts), and the multinational chains that cater to the growing appetite for processed convenience adjust their menus for the...

License Plate Auctions Hurt Domestic Car Companies

Shanghai is one of four municipalities (along with Beijing, Guangzhou, and Guiyang) to have implemented license plate quotas in effort to curb traffic congestion and air pollution. Shanghai, who pioneered the license plate...

China’s Booming Internet Giants May Be Stuck There

From the New York Times: Baidu, a Google look-alike, has largely clobbered Google in China, despite giving up some ground in recent years. And Taobao.com, China’s huge e-commerce site, handled nearly $30 billion in transactions...

Yu Yongding: China’s Stimulus Shows the Problem of Success

Yu Yongding is an academician with Chinese Academy of Social Sciences and a former member of the monetary policy committee of the Chinese central bank. He writes on the Financial Times: To maintain decent growth and avoid...

China’s State Companies Outgrow The ‘Family’ – Richard McGregor

From The Financial Times: In the media reports about offshore acquisitions by Chinese companies, the myriad diverse buyers are usually described in headlines and electronic tickers in a single word: “China”. It is a convenient compression. Autonomous as they may claim to be, every Chinese state enterprise, be it Minmetals, the Bank of China or […]

Domestic M&A Deals Take Lead in China – Kate Williams

From Caijing.com.cn: China witnessed an explosion of mergers and acquisitions (M&A) over the past year, and an independent analysis shows domestic-only deals have become the dominant force for M&A in China. The analysis by PricewaterhouseCoopers (PwC), a global accounting firm, revealed a surge of domestic activity driving the growth of China’s M&A. Meanwhile, foreign investment […]

Equality Could Prove Taxing – Tom Mitchell

From Financial Times: China’s new Enterprise Income Tax law , passed by the National People’s Congress on March 8, should have surprised no one. Beijing had long telegraphed its intention to unify the disparate tax rates paid by foreign-invested and domestic companies, with the former paying as little as 15 per cent and Chinese enterprises […]

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