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NUMBER OF FOREIGN HOLDING COMPANIES IN CHINA REACHES 218


AsiaInfo Services

09-25-2002

Number of Foreign Holding Companies in China Reaches 218

CHINA, Sep 25, 2002 (AsiaPort via COMTEX) -- There are total 218 foreign holding companies set up by multinational companies in China. Their registered capital totals USD 12.863 billions. Among it, the foreign investment reaches USD 12.084 billions.

The latest news from Ministry of Foreign Trade and Economic Cooperation (MOFTEC) shows that among the multinational corporations which built holding companies in china, there are about 120 companies are listed in the For

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