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China risks losing funds for power, executive says

Authors :
Wan, Allen
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.

Details

ISSN :
10887407
Volume :
400
Issue :
28234
Database :
Gale General OneFile
Journal :
Journal of Commerce and Commercial
Publication Type :
Periodical
Accession number :
edsgcl.16022564