A stockmarket for China's west

Article Abstract:

Setting up a stock exchange in Chengdu, the capital of southwestern China, would play a key role in promoting economic development in western China. At present, development has been very patchy in this region, and it remains very underdeveloped compared with eastern China. Capital flows could overcome the geographical isolation of western China, and would play a role in many investment projects drawn up by local people. It would be possible in the long term to achieve a critical mass of investment which would assist in attracting technology.

China, Column, Regional economics, Chengdu, China

---

South Korea: warming to the west

Article Abstract:

South Korea has been able to achieve a high economic status internationally. However, it is now experiencing problems as production costs rise. The country's financial markets remain closed, and this means that corporate interest rates remain fixed at 12%. Efforts are now being made to improve its business and investment conditions, but this has prompted some opposition. South Korea will not be able to prove its commitment to globalisation until its old systems have been abolished.

South Korea, Economic aspects, Economic development

---

Similar abstracts:

• Abstracts: The Economic Community of West African States: status, problems and prospects for change. Business teaching in the CIS states
• Abstracts: The politics of NAFTA. Polling, politics and the press
• Abstracts: Developing awareness. Club-land comes to China
• Abstracts: Alliances are in the air; international partnerships ensure that passengers always fly friendly skies. Towards the qualitative, plan-based simulation of international crises

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.