Beijing makes waves across Asia by stifling smugglers

Article Abstract:

Beijing's successful campaign against smuggled imports has been a boon to legitimate businesses set up in China but a bane to trading companies used to the illegal entry of their goods in Cbina. The antismuggling drive, which started in the middle of 1998, was in response to the decline of Chinese exports due to the Asian crisis and to stem the outflow of foreign currency. Simultaneous with the campaign, Beijing also cracked down on the business activities of the military which has been suspected of involvement in the gray-market trade.

Economic Programs, Administration of Economic Programs, China, Economic policy, Smuggling, Beijing, China, Gray market

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Dim view of Wu

Article Abstract:

Hopewell Holdings Ltd.'s Bangkok transit project might be cancelled because banks hesitate to finance it as Gordon Wu has not submitted a detailed feasibility study. This development signals a negative 1993 forecast for the company in contrast to the previous year's better preformance. The cancellation, however, is not expected to affect Hopewell much which is now trading at HK$5 per share.

Bank holding companies, Finance, Holding companies, Hopewell Holdings Ltd., Wu, Gordon

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A rude awakening

Article Abstract:

The strategies such as consolidation, restructuring etc. used by various, Japanese private companies like JFE Holdings (formed by merging Kawasaki Steel Corp. and NKK Corp.), Konica-Minolta Holdings, Matsushita, and Japanese banks like Tokyo-Mitsubishi etc to maximize their profit making capacity as well as for facing competition effectively have been described.

Japan, Organizational history, Management dynamics, Company restructuring/company reorganization, Reorganization and restructuring, Company business management, Industry, Industries, Company organization

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