The ninth edition of the Forum on China-Africa Cooperation (FOCAC) concluded last week in Beijing. This triennial summit attracted leaders from more than 50 African countries for a diplomatic fanfare of lavish state dinners,...
This week, the Balochistan Liberation Army (BLA), a militant separatist group from Pakistan’s southwestern province, claimed responsibility for a series of coordinated attacks that left 73 people dead across numerous provinces....
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...
At The New York Times, Michael Forsythe reports pressure from president Xi Jinping on his wealthy...
Despite a cyber attack on one exchange platform last month that robbed investors of millions in...
In a continuation of the investigation into the business dealings of Premier Wen Jiabao and his family, The New York Times’ David Barboza details the emergence of Ping An Insurance as a leading Chinese financial...
A New York Times investigation into business dealings by the family of prime minister Wen Jiabao has prompted the blocking in China of the newspaper’s English and Chinese websites. The article, by David Barboza, uncovers...
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...
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...
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...
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...
From The Wall Street Journal: Taiwan’s cabinet said it will remove restrictions on investments in China by the island’s largest companies and will raise investment ceilings for smaller firms. The moves are in line...
From The Times: Heaps of household rubbish and clouds of industrial pollution in China could trigger a multi-billion-dollar investment rush that could rival the 2000 technology bubble. Analysts are forecasting a surge of...
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, […]
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 […]
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 […]
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 […]
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 […]
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