A newly signed investment deal between China and the European Union has drawn heavy condemnation from critics, and threatens to complicate efforts by the incoming Biden administration to establish a common position on China...
by Sophia Cao | Feb 12, 2009
Some of Chinese new rich have joined the tours to take advantage of good deals on real estate in the dismal economy in the U.S., from AP: Beijing lawyer Ying Guohua is heading to the United States on a shopping trip, looking not...
by Paulina Hartono | Feb 11, 2009
While a number of Chinese have come to the U.S. in hopes of purchasing a house in the past, a new trend may be on the rise: organized group house-hunting trips. From Calum MacLeod of USA TODAY: But houses are assets that...
by Liu Yong | Oct 18, 2008
From Reuters: China is preparing steps to boost domestic demand, including more spending on railways, to help cushion the impact of the global credit crisis, a senior official said on Saturday. The package of measures will be...
by Liu Yong | Sep 5, 2008
From Reuters: China’s two national stock exchanges will make it easier for shareholders to exit their investments after a company lists its shares, addressing a common complaint by foreign private capital funds. Investors...
by Liu Yong | Nov 14, 2007
From China Daily: Hong Kong Exchanges and Clearing Ltd (HKEx) has not yet decided on a timetable for domestic direct stock investment in Hong Kong and is currently focusing on investors’ risk education, said an official with HKEx yesterday. Domestic investors will have to wait until the Hong Kong market fully opens to the mainland, […]
by Liu Yong | Oct 21, 2007
From AP: China’s investment in factories, real estate and other urban assets rose 25.7 percent in the first three quarters of this year from the same period last year, a central bank official said Sunday, despite curbs meant to prevent runaway spending. The government is trying to rein in investment in real estate and industries […]
by Liu Yong | Oct 14, 2007
From China Daily: Almost two months have passed since the State Administration of Foreign Exchange (SAFE) announced the launching of a trial program allowing mainland residents to directly invest in stocks traded on the security market in the Hong Kong Special Administrative Region (SAR). Dubbed as the “express train to the Hong Kong Exchange”, the […]
by Sophia Cao | Sep 24, 2007
From CNNMoney.com: Even managers at Mellon Asset Management admit to being surprised at the opening-day reception for their newest mutual fund. Within hours after launching on Sept. 13, their Southern Global Enhanced Balanced Fund sold more than $2 billion in shares, and by day’s end, it had attracted some $8 billion. The biggest surprise: Shares […]
by Liu Yong | Sep 21, 2007
From Financial Times: China is to impose a quota on investments on the Hong Kong stock market – which will reduce capital outflows to a fraction of the $100bn-plus forecast when its outward investment scheme was announced last month. Liu Mingkang, chairman of the China Banking Regulatory Commission, said there would be no limit on […]
by Sophia Cao | Sep 18, 2007
China is to curb the investment from rebounding by delaying approval of some local government investment projects. From Bloomberg: The government wants to “control investment growth that is expanding too fast in some regions,” the National Development and Reform Commission, the nation’s top planner, said on its Web site late yesterday. China’s spending on factories, […]
by Michael Zhao | Sep 11, 2007
Dalian may be the Chinese city that has the best chance of challenging Bangalore, and it certainly looks a lot more like Silicon Valley than Beijing does, with its seaside fresh air and green boulevards. Now it hosts an Intel plant. From the Wall Street Journal: A decade ago, this northern port city was known […]
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