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China risks losing funds for power, executive says
- Source :
- Journal of Commerce and Commercial. May 26, 1994, Vol. 400 Issue 28234, p5B, 1 p.
- Publication Year :
- 1994
-
Abstract
- China is in danger of losing potential foreign investors with its decision to curb the investment profits of foreign companies that are pursuing operations in the area. The idea surfaced following earlier reports that China will stop foreigners from making more than a 10% to 15% profit on investments in major power projects. Many foreign investors have warned that they may choose to operate in other Asian countries such as the Philippines once they feel that they can get better returns there.
- Subjects :
- China -- Economic aspects
Foreign investments -- China
Business
Business, general
Subjects
Details
- ISSN :
- 10887407
- Volume :
- 400
- Issue :
- 28234
- Database :
- Gale General OneFile
- Journal :
- Journal of Commerce and Commercial
- Publication Type :
- Periodical
- Accession number :
- edsgcl.16022564