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China Foreign Investments

BUSINESS
July 4, 1994 | From Reuters
China has ordered foreign-financed joint ventures to set up official trade unions by the end of the year, blaming a lack of organizations for a spate of deadly workplace accidents. Zhang Dinghua, vice chairman of the state-controlled All-China Federation of Trade Unions, said 12% of foreign-financed joint ventures had unions, the official Xinhua news agency reported.
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BUSINESS
September 29, 1994 | From Bloomberg Business News
Foreign direct investment in China continues to climb, reaching $20.52 billion in the first eight months of the year, up 55% on the same period a year ago, the official China Daily reports. The paper said the rise had come despite a dip in the number of new projects. Tighter government curbs on real estate speculation have deterred property investment, particularly from Hong Kong, Taiwan and Macanese companies.
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