Sunday, November 16, 2008

China's Law on Foreign Investors Stock Exchange

Beijing - China will encourage foreign companies its shares in the domestic market as part of efforts to increase foreign investment. Such explanations ministries of trade, Wednesday (23 / 4). China also encourages foreign companies to participate in the restructuring of large companies owned by the state.
Ministry said the investment by foreign companies, mainly expected in materials and manufacturing equipment, new materials.
Limiting investment is still done in the field of real estate, steel, cement and aluminum. China attracts U.S. $ 27.41 billion in foreign direct investment (FDI) in the first three months of this year, up 61 percent from the same period last year. Currently no foreign companies listed in China's stock exchanges, though some in the media speculate about NYSE Euronext, the parent of the New York Stock Exchange, likely to become the first foreign company there.