We have reviewed and identified the key problems of China's corporate governance. Several suggestions are provided to improve its governance mechanism. A review of corporate governance models among different countrie...We have reviewed and identified the key problems of China's corporate governance. Several suggestions are provided to improve its governance mechanism. A review of corporate governance models among different countries suggests that the state ownership of the Chinese companies should be reduced and shares that are split into tradable and nontradable shares should be abolished. The three-tier board structure and duty of directors should be restructured to improve transparency and disclosure requirements.展开更多
The Baotou iron-Steel and Rare Earth Co. is located in Baotou of the AutonomousRegion of Inner Mongolia, where China has her largest mineral reserves of rare earths, par-ticularly that at Baiyunebo. The rare earth res...The Baotou iron-Steel and Rare Earth Co. is located in Baotou of the AutonomousRegion of Inner Mongolia, where China has her largest mineral reserves of rare earths, par-ticularly that at Baiyunebo. The rare earth reserves in this region amount to as high as 80%of that of the whole Nation. The No. 3 Rare Earth Factory was established in 196l and itwas then a pilot plant of the Baotou Steel Works. In 1970 it was reconstructed as a formalplant. Now, it becomes one of the biggest rare earth production bases in China.展开更多
文摘We have reviewed and identified the key problems of China's corporate governance. Several suggestions are provided to improve its governance mechanism. A review of corporate governance models among different countries suggests that the state ownership of the Chinese companies should be reduced and shares that are split into tradable and nontradable shares should be abolished. The three-tier board structure and duty of directors should be restructured to improve transparency and disclosure requirements.
文摘The Baotou iron-Steel and Rare Earth Co. is located in Baotou of the AutonomousRegion of Inner Mongolia, where China has her largest mineral reserves of rare earths, par-ticularly that at Baiyunebo. The rare earth reserves in this region amount to as high as 80%of that of the whole Nation. The No. 3 Rare Earth Factory was established in 196l and itwas then a pilot plant of the Baotou Steel Works. In 1970 it was reconstructed as a formalplant. Now, it becomes one of the biggest rare earth production bases in China.