August 30, 2002
China Expected to Sell Stakes To Foreign Companies
The Chinese government is likely to allow the sale of government
stakes in publicly traded state-controlled enterprises to foreign companies, a
senior regulator said here today, signaling what could be the big step in
China’s movement toward a market economy.
August 30, 2002
Toyota and Chinese Carmaker in Venture
The Toyota Motor Corporation signed an agreement here today with
China’s largest automaker to begin large-scale production of a wide range of
models, becoming the latest multinational to place a big bet on China’s fastest
growing car market.
India Again Delays Process of Selling 2 Big Oil Stakes
The opposition of a central cabinet member appears to be bogging
down India’s efforts to step up the pace of privatization.