Journal Call no. | AP8.W56 |
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Author | Bailhache, Rob. |
Article Title | Potential power lift-off : investors await relaxation of austerity measures / Rob Bailhache. |
Is Part Of | Window ; v.4, no.29, 28 Jul 1995, p.48-49, illus. |
Abstract | Edward Chan, deputy managing director of Hongkong-listed independent power producer Wing Shan, is under no illusions about what is holding up foreign-financed power projects in China. While foreign investors huff over rates of return, access to the foreign exchange markets to repatriate yuan-denominated earnings, and the enforceability of contracts, he singles out tight credit control to stem fixed-asset investment as the true culprit. |