1.   Analysts say the sale of stakes to foreigners is an efficient way for Chinese enterprises to realise their expansion plans and ease short-term funding needs.

2.   But this time, American companies will have more to go on than legal formalities that even Chinese state enterprises felt free to violate.

3.   Despite the fascination with the free market, almost every Chinese enterprise still has some state-run dimension.

4.   Foreign banks will be allowed to conduct local-currency business with Chinese enterprises two years after China enters.

5.   Generous dividends reflect hard times at many Chinese state enterprises, including the majority shareholders of companies that trade stock foreign investors can own.

6.   Government loan restrictions are reducing the ability of Chinese state enterprises to meet payments, causing inter-enterprise debt to mushroom.

7.   He replaced Liu Hongru, an academic who had pioneered the listing of Chinese enterprises overseas.

8.   In March, Huang was approached by the mayor of Carson, Calif., who also was a consultant for Japanese, Korean and Chinese enterprises.

9.   Investors are closley watching the deal following recent decisions by two other state-owned Chinese enterprises to cancel their offerings.

10.   It will expose Chinese enterprises and help them further develop, expand and improve.