Sentence examples for set up wholly from inspiring English sources

With the relaxing of limits on oil exploration, overseas companies will be allowed to set up wholly owned oil and gas units.

On Tuesday, the government went ahead with one part of its plan – to allow foreign retailers who sell only one brand of products to set up wholly owned stores in the country.

This month, policy makers put in place a related decision to allow retailers like Starbucks that sell only one brand of products to set up wholly owned stores in the country.

The Swedish furniture retailer, which is allowed to set up wholly owned stores under current Indian policies for companies that sell only one brand of products, announced in June that it would invest about $2 billion in India.

Mr. Thompson said that his business, Crown Worldwide Holdings Ltd., a household moving company that is one of Asia's largest, would benefit because it would be allowed to set up wholly owned subsidiaries in China instead of representative offices.

At the end of 2001, A.I.G. was granted approval to set up wholly owned life insurance operations in Beijing and Suzhou, and two sub-branches in Dongguan and Jiangmen in Guangdong Province.

Under the deal, China would cut average tariffs from 24% to 9% by 2005; eliminate import quotas and licences; open up its retail market by allowing foreigners to set up wholly-owned distribution and sales subsidiaries; allow minority foreign ownership of telecoms companies and securities houses; and stop discriminating against foreign banks.

For example, in pressing Congress to pass the agreement, the Brookings Institution noted that China promised to allow foreign corporations to set up wholly-owned distribution, sales, shipping and service networks; provide financial services institutions full market access within five years, and protect intellectual property.

Until the mid-1970's, the Japanese prohibited Americans from setting up wholly owned subsidiaries in Japan.

Across the country, councils are setting up wholly owned private companies that can buy up housing stock to rent out as council homes.

The circular, jointly released by the GAPP and the copyrights association said overseas bodies would be banned from investment in China's online game operations through setting up wholly owned enterprises, joint ventures and cooperatives.