ADVISORY/New Rules Favor Private Business in China, Experts Say.

Business Editors

ADVISORY...

--(BUSINESS WIRE)--Dec. 28, 2000

TOPIC: New rules in China are, for the first time, allowing privately owned
companies access to the country's capital markets, which so far have been
effectively off limits for nearly all of them, according to a story in the New
York Times. With easier access to capital, experts predict that companies have
a chance at becoming the main engine of China's economy for the first time
"since a brief period earlier this century and otherwise since the Song Dynasty
nearly 1,000 years ago," the story said. The change reportedly may also give
private business a more powerful political voice in the country, experts say.
EXPERTS: ExpertSource can offer several highly qualified experts to comment on
this story:

Elisabeth Paulson anchors eCountries coverage of Asia as a Senior Writer, analyzing developments from the big markets of China and India, to the fringes of Fiji and Afghanistan. Most recently, Elisabeth has focused her attention on Asia's new economy, political tensions in Malaysia and Taiwan, and ambitious companies in India and Singapore. Prior to joining eCountries, Elisabeth worked at the Economist Intelligence Unit (EIU), where she was a senior economist and editor for Asia, specializing in South and Southeast Asia, and deputy director of the EIU's Country Forecast service. Elisabeth was also an editor of two EIU publications covering investment and financial market developments in emerging markets. While at the EIU, Elisabeth was a regular commentator on Asian economic and political affairs for CNN, CNBC and the BBC. She earned a master's degree from the London School of Economics. Elisabeth graduated from Wellesley College with a degree in Political Science and Chinese, and has studied Mandarin Chinese in Beijing. [e-mail]; PR: Faye Ng ([e-mail]).

Dr. Marcus Noland is an economist at the Institute for International Economics. His expertise include the Asian financial crisis, exchange rates, foreign investment, trade policy, Asia, Japan, Korea, China, Taiwan, Singapore, Hong Kong, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Africa, Ghana, North Korea and the World Bank. 202/328-9000.

Professor Yijiang Wang, of the University of Minnesota, is an expert in economic transition in China. 612/624-6814; 612/625-5000 (University PR Phone)

ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue.

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