The Big Call
A confluence of factors is behind a rise in property sales, but many smaller developers are still facing a perilous future.
Home-textile demand has soared in recent years, yet the market remains under-developed and highly fragmented, presenting enormous growth opportunities for rapidly expanding domestic players.
A blistering store-opening programme is a big roll of the dice, but the company’s dominance in central China is a plus.
Celebrity endorsements allows Luolai to sell at a price premium.
A larger directly operated store network has enabled Fuanna to enjoy higher gross margins than Luolai and Mendale.
Capital Intensive China
Chinese authorities appear willing to raise water prices, a move which has the potential to attract much-needed private investment into water distribution, wastewater treatment and water conservation projects.
Best of Chinese Commentators
Guo Shuqing, Chairman of the China Securities Regulatory Commission (CSRC), is on record as saying that high-yield bonds are to be launched during 1H12 and their trading rules are currently being formulated (CC Feb 23 2012, Financial China). The main aim is to increase funding avenues for small and medium enterprises (SMEs). What are the implications?
Commentators have been debating the significance of the lowering of China's 2012 GDP target to 7.5%, from its 8% growth target in recent years.
Renminbi Compass, a new research service launched by the FT, aims to act as a navigational guide through the expanding universe of renminbi asset classes. With the Chinese currency gaining ever-wider acceptance around the world and Beijing taking steps to open its capital account, we are broadening our research coverage to include not only equity funds but also all other important renminbi asset classes, such as chengtou bonds, dim sum bonds, real estate, trust products, underground banking, art, antiques and several others.