Free press releases distribution network?

Agency / Source: RNCOS E-Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



China's Steel Industry Urges Tighter Controls on Foreign Investment - Steel manufacturers in china believe that steel being one of the important basic industries of the country should rather be controlled by privately owned or state owned manufacturers, than foreigners.
China's Steel Industry Urges Tighter Controls on Foreign Investment

 

PRZOOM - /newswire/ - Delhi, New Delhi, India, 2006/10/13 - Steel manufacturers in china believe that steel being one of the important basic industries of the country should rather be controlled by privately owned or state owned manufacturers, than foreigners..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The performance of the steel sector has always been pivotal to the success of the Chinese economy. The developments in the steel sector have widespread ramifications for the overall health of the rapidly growing Asian economic giant. This has fuelled the popular belief that foreigners should not be allowed to exercise control over this crucial sector.

China's Steel Industry has been demonstrating a great appetite for stiff controls on most foreign investments. At the same time there are growing concerns from different corners that such protectionist approach may actually prove harmful to the prospects of the steel industry. The China Iron and Steel Association, vice chairman Luo Bingsheng states with conviction that foreign investors should not be readily allowed to buy stakes or shares in china's domestic steel firms, particularly the larger ones.

A national policy for the steel industry was launched the previous year, which seeks to limit the ability of foreign investors to have controlling stakes in china's steel manufacturing firms.
The policy mandates that "all foreign steel producers willing to make investments in the Chinese steel sector should necessarily have independent ownership of steel-making technologies". In addition to that their annual output should be not less than 10 million tons.

These and other such restrictions have come into limelight against the backdrop of increased M&As (mergers and acquisitions) activities by foreign steel majors. They have been buying stakes in some of china's largest steel firms and mills.

RNCOS' recent report, "China Steel Industry Analysis (2006)", asserts that the country's present tax policy actually serves as an impediment to foreign investment. In China the amount of VAT applied ranges from 13% to 17% and is biased towards local Chinese enterprises.

The key highlights of this report are:

- The analysis of demand and supply in China Steel Regional Markets
- The opportunities in china steel industry for manufactures
- The China Steel Industry Structure
- The Impact of China Steel Export/Import in the Global Context

RNCOS' recent report, "China Steel Industry Analysis (2006)" provides extensive research and objective analysis on China Steel Industry.

About RNCOS

RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: RNCOS E-Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


China's Steel Industry Urges Tighter Controls on Foreign Investment

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Shushmul Maheshwari 
+91 12 04224700 press[.]rncos.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RNCOS E-Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From RNCOS E-Services (P) Ltd / Company Profile


Read Manufacturing/Robotics Most Recent Related Press Releases:

LANXESS Pigments Used in Formula E
Voith Builds New XcelLine Board Machine for Bohui Paper Group
Voith Paper Offers Rebuilds of Medium-sized Paper Machines to Increase Production Capacity by up to 15%
SCHOTT to Showcase Highly Lightweighted, Monolithic ZERODUR® Mirror Blanks At SPIE Optics and Photonics 2017
LANXESS Doubles Membrane Production Capacity
MAN Engines Presenting Global Innovations for Agricultural Machinery and Cogeneration
Anti-corrosion Coatings Manufacturers Focus on Low-cost, High-performance Coatings for Asia-Pacific Market Finds Frost & Sullivan
The Navigator Company Selects Voith XcelLine Tissue Machine for Cacia in Portugal
SCHOTT Eternaloc® Electrical Penetrations Answer New Requirements of Innovative Twin High-Temperature Reactors [HTR] in Shidao Bay, China
BASF’s iGloss Clearcoat Offers Higher Gloss and Improved Scratch-resistance on Vehicles

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  MagLar, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  RightITnow Ltd







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today