Is China Losing its Appeal to Foreign Capital?

正CHINA,as an emerging economy,has experienced slowing economic growth since 2013.For the fi rst eight months of 2014,foreign direct investment(FDI)into non-financial sectors edged down 1.8percent from the same period in 2013.Certain domestic and overseas media have come to the conclusion that the frenzied infl ux of foreign capital into China is cooling down.But     

MARKET WATCH

Economic data for February were released, providing insight into the health of the economy. Inflation continues, with the CPI coming in at 4.9 percent, above the government-set cap of 4 percent for this year. Newly extended bank loans fall dramatically as the central bank twists harder on the credit screws. Growth of retail sales slows down in part because the auto market has become lackluster. China Mobile, the world’s top telecom operator by subscribers, reports modest growth. After three consecutive months of net selling, China remains the largest foreign holder of U.S. Treasury securities.     

On the Way to Going Global

China has become one of the major destinations for foreign investment in the world today. Statistics from the Chinese Ministry of Commerce indicate that some $60.5 billion worth of foreign investment had been brought to the country in 2005. This large-scale utilization of foreign capital has greatly fueled local economic growth and integrated China even more into the global economy.     

Subtitles vs. Piracy

<正>Two major websites providing free subtitles of foreign films and Tvdramas were shut down at the end of 2014For China’s foreign film lovers,nothing is more vital than quality subtitles.Thankfully,with legions of fans doing the translation themselves,often completing it within just a few days and offering the fruits of their labor forfree,enjoying overseas Tv and movies used to     

50 Years of a Think Tank

Once a small,secretive institute with the sole target of providing information services for the government,the Shanghai Institutes for International Studies (SIIS) has grown into a full-fledged academic body and one of the leading think tanks in China,and even the world,over the past five decades.Shortly before the SIIS' 50th anniversary commemorative conference on July 24,SIIS President Yang Jiemian sat down with Beijing Review reporter Yan Wei to explain how the SIIS has strived to be successful academically while also serving the country's economic development and foreign affairs needs.     

Sweetening the Pot

<正>China announces a range of new measures to accelerate foreign direct investment After a three-decade surge of impressive growth,foreign direct investment(FDI)in China has showed signs of slowing down.Experts observe that this can be attributed to the profound changes that have taken place in the global industrial chain along with the chal-     

Are You in Control of Your China Operations?

Since the global financial crisis began, we have seen two new trends develop in the management of foreign enterprises in China. First, as expected, the flow of foreign direct investment into China has decreased. Second, there has been an     

East or West？ The Consumer Knows Best

CHINA'S entry into the WTO, coupled with the country's status as the "factory of the world," has galvanized Chinese consumers' penchant for foreign brands. And as the country's consumers mature, they are becoming more rational in their choice of foreign brand goods. Gone are the days when the Chinese consumer would simply as-     

China＇s Changing Pattern of FDI

正INWARD investment into China continues to be the highest of any developing economy,at US$101 billion in 2013,according to UN fi gures,but its pattern is changing signifi cantly as the country develops,and this trend will inevitably deepen.In the first decades after the start of China’s economic reforms in 1978,foreign direct investment was primarily     

MARKET WATCH

The Chinese stock market showed signs of cooling down after repeated warnings from the supervisory departments over mounting risks.But the market was expected to rebound as excessive liquidity remains a problem.The inflow of foreign direct investment and the large trade surplus pushed foreign exchange reserves to the highest in history by the end of September.In turn,the reserves added more pressure to liquidity.The Central Bank raised the reserve requirement ratio to its highest mark in history,but the latest move was defied by the market. There is good news for qualified foreign institutional investors (QFIIs): the securities watchdog said that the QFII quota might be tripled by the end of this year,which is long awaited by the QFIIs. By LIU YUNYUN     

ECONOMY

正FDI Slows China received $7.73 billion in foreign direct investment (FDI) in February,down 0.9 percent from a year ago,dropping for the fourth straight month,said the Ministry of Commerce (MOFCOM).The amount for the first two months of this year totaled $17.72 billion,edging down     

Teaching at Nanjing Union Theological Seminary

On a back lane in the bustling Xinjiekou District of the city center of Nanjing is a quiet almost hidden "oasis", the campus of Nanjing Union Theological Seminary. This is temporary home to nearly two hundred students preparing for leadership and teaching for the Chinese Protestant Church. Union Theological Seminary (UTS) Nanjing is the national seminary of the China Christian Council. It has 27 fulltime Chinese teaching staff. The addition of a few foreign teachers is a new experiment. The hope seems to be that the foreign teachers will bring different experiences, perspectives and teaching methodologies into the faculty mix. The first two foreign faculty members taught at UTS in the 2001-02 year.     

Promotional Sweeteners and Grab-Bags

Competition for the consumer's buck in China is no longer a joke. State-owned industries that once monopolized everyday goods have pretty much gone the way of the dinosaurs. In short, you've got everything from Chinese and foreign mega-chains right down to local mom-and-pop shops-and they've all got     

Channeling Liquidity Into Real Economy

The People's Bank of China,the central bank,cut the reserve requirement ratio by 0.5percentage points,on May 18.The reserve requirement is the amount commercial banks must keep with the central bank.The reduction is estimated to inject 420 billion yuan ($66.44 billion) into the market. To get the best results from the ratio cut,policymakers have to make sure the released liquidity flows to the real economy. There are several reasons for the ratio cut.First,inflationary pressure has subsided as the consumer price index (CPI) rose 3.4 percent year on year in April,lower than tbe 35-percent one-year benchmark deposit rate.Second,the growth of the yuan counterparts of China's foreign exchange reserves has slowed down.Third,the stock market remains sluggish.Finally,the central bank's move indicates that economic slowdown continued in April.     

Focus

According to a joint investigation by a group of top world companies, China has for the first time surpassed the U.S. to become the most favored destination for direct foreign investment. The Financial Times reports that the September 11th incident has provoked worries about security in the U.S among foreign investors. According to UN statistics, nearly US $50 billion of direct foreign investment was channeled into China in 2001, and still more is on its way. Foreign investment in the United States, on the other hand, dropped from its 2000 level of US $301 billion to US $125 biinon.     

TRANSFORMATIONAL CHANGE

October 1 marked the 70th anniversary of the founding of the People's Republic of China. During the past seven decades, tremendous changes have taken place in China's society, economy, standard of living and international status. To put its achievements into perspective, Beijing Reviewbreaks down the numbers behind China's development across a wide sphere of sectors.     

Economy

China Eases Market Access for Foreign Banks The State Council recently announced the decision to revise regulations on the administration of foreign-funded banks.Its purpose is to cut red tape for foreign bank branch openings and entry into RMB business.The decision came into effect on January 1.It is one of the country’s latest moves to expand opening-up of its financial sector.     

Making the Big Bucks

正Allowing more foreign investors into China will require more regulation and supervision Adecade ago, United Bank of Switzerland (UBS AG) grabbed the financial spotlight by becoming one of the first qualified foreign institutional investors (QFIIs) approved by the Chinese     

Dongpo-style Pork

Rinse the streaky pork, remove the thin layer of cauls of fat from the meat but leave rind and other sides intact. Cut pork into ten square or rectangular pieces. Blanch the pork by boiling in water for five minutes. Pour into a colander and rinse to remove scum.Put a grid into one heatproof clay pot. Spread 50 grams scallions and ginger block over it and place the meat, rind side down on top. Add sugar,     

Guiding Investment

正Updated policy will yield win-win results for foreign investors and China As part of ongoing efforts to attract foreign capital into China,the Central Government has adopted more open policies toward potential overseas investors.