China has reiterated its refusal to allow foreign companies to have equity stakes in or a say in management of telecommunications operators, Bloomberg Business News reports from Peking: the news agency quotes Wang Jianrong, a spokeswoman for the Ministry of Posts & Telecommunications saying that foreign companies can help build networks, advise on their operations and recoup their investments with part of the profits, but they cannot receive dividends – that would mean they were involved in operations.
