With so many airlines operating in the PRC, private airlines find it hard to make profit amidst the many state-run competitors. In spite of liberalization, financing and cumbersome regulatory procedures have failed to produce a level playing field. To further enhance the aviation industry, these problems must be addressed in order to give private airlines more room to grow.
Recent legislative activities from China
Law firms and investment banks work together on real estate deal
Law firms and investment banks work together on real estate deal
A look at recently introduced legislation.
Foreign investors must prepare to take a long-term view if they are interested in investing in the PRC real estate market, due to the central government's credit tightening, said Ashley Howlett, partner at Jones Day.
Hong Kong, the PRC, and India are the emerging markets that increasingly shape the landscape for international capital markets
Despite the global credit crunch and the PRC's overheated economy, investor uncertainty will not extend to Asia, according to Merrill Lynch's analysis report.
China Railway Construction Corporation raised HK$18.3 billion [before exercise of the over-allotment option] H-share offering, which started trading on the Hong Kong Exchange in March.
Xinyuan Real Estate Co raised US$282 million from its IPO and New York Stock Exchange listing on December 12 2007, becoming the first China property developer to be listed in the US. Merrill Lynch was the sole bookrunner and lead underwriter.