With the admission of eight Central/East European countries in May 1, 2004 in sight, realization of the objective of EU’s first phase eastern extension will signify a major step toward the concept of "a Europe k...With the admission of eight Central/East European countries in May 1, 2004 in sight, realization of the objective of EU’s first phase eastern extension will signify a major step toward the concept of "a Europe kept far away from war" through promoting regional integration.展开更多
With the coming of the new century, the European Union (EU)arrives on the world scene with a complete new look. At the beginning of the year, the union signed the Nice Treaty in response to the needs of further integr...With the coming of the new century, the European Union (EU)arrives on the world scene with a complete new look. At the beginning of the year, the union signed the Nice Treaty in response to the needs of further integration and east-ward enlargement.展开更多
In the mid-1990s,the Association of Southeast Asian Nations(ASEAN)was in top condition since its establishment in 1967.At that time with good governments and united people,all of
Background: In 1996, Wahaha, Danone and BNP (Hong Kong) jointly invested in and incorporated 5 companies to manufacture Wahaha brand products, including purified water and eight-treasure porridge. Wahaha holds 49% equ...Background: In 1996, Wahaha, Danone and BNP (Hong Kong) jointly invested in and incorporated 5 companies to manufacture Wahaha brand products, including purified water and eight-treasure porridge. Wahaha holds 49% equity interests in these companies, while Danone later became the dominant shareholder with a 51% stake after acquiring shares held by BNP in the aftermath of the Asian financial crisis. Danone then proposed to transfer the Wahaha brand to a joint venture but did not succeed. Subsequently, a trademark usage contract was signed by both parties instead. In the ensuing years, the Wahaha Group established non-JV companies in west China, central China and the Three Gorges reservoir area. These companies had RMB 5.6 billion of total assets as of December 31st, 2006 and made a net income of RMB 1.04 billion in that year. On April 3rd, 2007, Danone intended to force a deal by which it could acquire 51% equity interests in those non-JV companies for a sum of RMB 4 billion. Wahaha Chairman Zong Qinghou later complained that he and Wahaha fell into a trap set up by Danone. Both parties have since engaged in a lengthy "war of words", thereby arousing a grand debate on China's FDI policies.展开更多
文摘With the admission of eight Central/East European countries in May 1, 2004 in sight, realization of the objective of EU’s first phase eastern extension will signify a major step toward the concept of "a Europe kept far away from war" through promoting regional integration.
文摘With the coming of the new century, the European Union (EU)arrives on the world scene with a complete new look. At the beginning of the year, the union signed the Nice Treaty in response to the needs of further integration and east-ward enlargement.
文摘In the mid-1990s,the Association of Southeast Asian Nations(ASEAN)was in top condition since its establishment in 1967.At that time with good governments and united people,all of
文摘Background: In 1996, Wahaha, Danone and BNP (Hong Kong) jointly invested in and incorporated 5 companies to manufacture Wahaha brand products, including purified water and eight-treasure porridge. Wahaha holds 49% equity interests in these companies, while Danone later became the dominant shareholder with a 51% stake after acquiring shares held by BNP in the aftermath of the Asian financial crisis. Danone then proposed to transfer the Wahaha brand to a joint venture but did not succeed. Subsequently, a trademark usage contract was signed by both parties instead. In the ensuing years, the Wahaha Group established non-JV companies in west China, central China and the Three Gorges reservoir area. These companies had RMB 5.6 billion of total assets as of December 31st, 2006 and made a net income of RMB 1.04 billion in that year. On April 3rd, 2007, Danone intended to force a deal by which it could acquire 51% equity interests in those non-JV companies for a sum of RMB 4 billion. Wahaha Chairman Zong Qinghou later complained that he and Wahaha fell into a trap set up by Danone. Both parties have since engaged in a lengthy "war of words", thereby arousing a grand debate on China's FDI policies.
