国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

BIZCHINA / Top Biz News

Screening of acquisition to tighten
(Shenzhen Daily)
Updated: 2006-06-19 10:21

Worried that it may be selling industrial assets to foreigners too cheaply, China will tighten screening of deals and impose new curbs on foreign acquisitions in its heavy industry, a Beijing-funded newspaper said.

A ministry-level committee under the State Council, or cabinet, will be set up to conduct the screening, Hong Kong's Wen Wei Po reported in an article published on the Chinese finance ministry's Web site Friday.

New restrictions will be imposed on foreign purchases of controlling stakes in strategic industries including steel and the manufacturing of equipment for shipbuilding and power generation, the report quoted unnamed sources as saying.

"Government departments and experts are concerned that the wave of large-scale foreign acquisitions may endanger national security, and believe restrictions and limits should be placed on purchases of domestic companies by foreign capital," it said.

Acquisitions are a large part of the tens of billions of dollars of foreign investment flowing into China.

Foreign purchases of Chinese companies were worth US$7.3 billion in the first half of 2004 alone, according to an estimate cited by the U.S.-China Business Council.

 But officials express growing concern that China may be hurting its competitiveness by allowing foreign multinationals to buy major assets at cheap prices. This concern is believed to have stalled or blocked some recent attempted acquisitions in sectors such as steel and banking.


Page: 12

(For more biz stories, please visit Industry Updates)

 
 

雷州市| 华蓥市| 舟曲县| 安阳县| 宝丰县| 城市| 安仁县| 白城市| 福贡县| 怀远县| 峨眉山市| 谷城县| 洛浦县| 南京市| 汕头市| 和平区| 牡丹江市| 宝鸡市| 芮城县| 清丰县| 绥江县| 嘉义市| 德惠市| 诏安县| 文昌市| 乐都县| 河东区| 调兵山市| 天长市| 栾川县| 湘潭县| 广安市| 乌兰县| 石柱| 清水河县| 涟水县| 诏安县| 上杭县| 平原县| 登封市| 德兴市|