The Comprehensive Agreement on Investment (CAI) just signed between the EU and China is not the solution to commercial and economic problems, but it could be a step forward or become a tripwire for bigger problems around China and the world. In… Read More ›
The China-EU investment deal agreed to in principle on Wednesday has been greeted with a shrug by economists, with some questioning whether an under-pressure European Commission has oversold a deal that will not significantly move the needle in economic terms…. Read More ›
The European Union and China’s agreement today (December 30) on a new investment pact is either a sign that Brussels is willing to sacrifice its values on the altar of trade or a clever bit of realpolitik to assert independence… Read More ›
Foreign investors in Chinese industries from defense to tech will from next year face an extra layer of scrutiny to ensure their activities do not undermine national security, the country’s top economic planner said Saturday. Under the new rules, overseas… Read More ›
Global companies have flocked to invest in China for decades, lured by the promise of cheap, skilled labor and a stable, if tyrannical, government. Recent economic shocks show it’s time for them to rethink that cozy arrangement. The coronavirus outbreak… Read More ›
China’s latest welcome to foreigners smells of desperation. Global funds no longer need quotas to buy Chinese stocks and bonds, the State Administration of Foreign Exchange said in a statement Tuesday. That removes a hurdle to foreign investment that’s been in… Read More ›
Chinese President Xi Jinping announced Friday that the country will pledge a new round of funding support to Africa‘s development, worth $60 billion. Analysts had wondered if the pace of Chinese investment in Africa would slow, particularly in infrastructure projects,… Read More ›
Chinese borrowers are taking on record amounts of debt to repay interest on their existing obligations, raising the risk of defaults and adding pressure on policy makers to keep financing costs low. The amount of loans, bonds and shadow finance… Read More ›
Long the place that makes stuff and doesn’t consume much, China is set to redress the balance. And thus, some say, rescue the troubled global economy. But it’s a stretch to think that Beijing’s plan — shifting the export-driven country… Read More ›
Beijing will report back on a study for Free Trade Area of the Asia-Pacific just days after the release of details of a US-led agreement China will seek to push its own vision of an Asia-Pacific trade pact at a… Read More ›
While China may be the world’s second largest economy, the future of the yuan playing a bigger role in international markets is clouded by politics. Earlier this fall, the IMF postponed a scheduled update of the designated basket of reserve… Read More ›
The unreliability of Chinese official economic data has become almost a cliche. A few years before he became China’s premier, Li Keqiang said that the country’s numbers were “man-made” and “for reference only.” If the top economic policy maker of a… Read More ›
China’s steel industry, the world’s biggest, is in crisis. The disaster is the result of a combination of factors, including a slowing Chinese economy, falling commodity prices, and an industry loaded with debt. Earlier this month, state-owned enterprise (SOE) Sinosteel… Read More ›
China should join at an appropriate time the U.S.-backed regional trade accord the Trans-Pacific Partnership (TPP) as its broad aims are in line with China’s own economic reform agenda, an influential Communist Party newspaper said on Sunday. China is not… Read More ›
China provided instructions to the British government ahead of President Xi Jinping‘s state visit to London Oct. 20-23, advising leaders to refrain from raising the issue of human rights. China’s ambassador to Britain, Liu Xiaoming, pointed out that good relations… Read More ›
The Silk Road Initiative is the major project for Chinese President Xi Jinping. On every state visit and within every diplomatic forum, he has promoted his idea of “One Belt, One Road” (OBOR). Beijing wants to create China-centred infrastructure networks… Read More ›
As China’s old economy slumps, service industries from banking to telecommunications are poised to take up the slack. The catch for American and other foreign firms: They’re locked out of these new growth drivers. Overseas banks and life insurers have… Read More ›
Hollywood talent agent Jeff Berg flew to Shanghai last summer to celebrate one of his biggest deals — a partnership with Chinese investors in Resolution, his new agency in Century City. Two hundred business executives, government officials, actors and journalists… Read More ›
Faced with slower growth at home and rising labour costs, Chinese entrepreneurs are seeking foreign markets as never before. But as they rush abroad, they are grappling for the first time with unruly trade unions, independent courts and meddlesome journalists…. Read More ›
The following is based on a translation of a report on a Chinese news site: A report on news.sohu.com expresses China‘s concern that India, the largest country in South Asia, still fails to show any clear interest in China’s Silk… Read More ›
Australia’s top public servant has dismissed any prospect of China leading the world, saying the economic giant is neither willing nor able to solve global problems. Michael Thawley, secretary of the Department of Prime Minister and Cabinet, said China had shown… Read More ›
Foreign companies have long known that China’s economic slowdown—now upon us—could hit their earnings hard. They just didn’t expect they’d be hit by changing consumer buying habits and a rise in Chinese competitors at the same time. Suddenly, foreign brands… Read More ›
As a film producer and consultant who works extensively in China, I am often confronted with the vexing challenge of making deals with savvy Chinese negotiators. I have found the advice offered by Steven Dickinson, an attorney with the Seattle-based… Read More ›
Many western companies try to expand their business to China’s nearly 700 million internet users. Some companies succeed and get tremendously rewarded, but many more fail. I previously wrote an article about what, as I see it, Chinese startups should… Read More ›
China has had 35 years of hypergrowth, but now it’s over. It’s going to have to settle for really, really good growth instead. But that’s still going to be hard now that fewer Chinese are working-age, fewer people are moving… Read More ›
The following is based on a translation of a report in Chinese media: Pakistan is regarded as a violent, lawless and run-down place with great risk of infiltration by Islamic extremists. It is in economic difficulties as few are willing… Read More ›
Asia has a China problem. Beijing has just initiated its biggest cut in bank reserve requirements since 2008, a move that underscores just how worried it is about its economy. But the cut is also a stark wake-up call for neighbours that have gotten… Read More ›
The gear shift of Asia’s growth in the decades to come is in the hand of Tokyo as Japan is in control of the formation of the emerging India-China-Japan (I+C+J) power structure in Asia. In its “World 2050” research report,… Read More ›
Africa Brings New Trade and Challenges to World Economies. China and India’s new-found interest in trade and investment with Africa—home to 300 million of the globe’s poorest people and the world’s most formidable development challenge—presents a significant opportunity for growth… Read More ›
While looking at the opportunities in the Chinese markets, many companies and observers are lately focusing on the so called “second-tier cities” that offer huge business chances compared to the traditional urban centres that drove the development in the last… Read More ›
Diana Choyleva of Lombard Street Research, who produces an “unmassaged” calculation of China’s true economic growth, just reported that China’s fourth quarter GDP growth plummeted to 1.7 percent, versus the official 7.4 percent rate. According Choyleva, “Dire data out of… Read More ›
The United States urged countries on Tuesday to think twice about signing up to a new China-led Asian development bank that Washington sees as a rival to the World Bank, after Germany, France and Italy followed Britain in saying they… Read More ›
Southeast Asia’s major economies drew more foreign direct investment combined than China for the second straight year in 2014, as growth in their giant neighbour cooled. But by country, inflows into the region were uneven, swayed by political change and… Read More ›
Forecasts for China to surpass the US as the world’s main economic power are misplaced. So says an observer who foresaw Japan’s eventual demise a year before its land-price bubble began to burst. “The vulnerabilities in China today are very… Read More ›
The Philippines, a nation long in need of industrialisation, is taking steps this year to pull investment away from Asia’s manufacturing centre: China. And some multinationals are already giving the Southeastern Asian archipelago a chance. Manila‘s ambition to divert foreign investment intended… Read More ›
Microsoft will close two Chinese factories that it acquired when it bought Nokia’s handset business in April 2014, cutting 9,000 jobs.. The report by MarketWatch said the two factories were in Beijing and Dongguan, and that some equipment and production… Read More ›
While everybody focuses on the success of Xiaomi, the Chinese success story of a startup founded in 2010 that sold over 61 million devices in 2014, there’s a growing startup scene that is definitely reshaping the international scenario of the… Read More ›
Is China’s economic slowdown causing the foreign capital exodus or vice versa? It is like the old question: which came first, the chicken or the egg? Let’s look at both scenarios. Economic slowdown has caused capital exodus. Taiwan media Want… Read More ›
With the Chinese economy slowing down and its population dividend diminishing, foreign capital has been exiting the market at an accelerated pace, leading to concerns over a possible large-scale capital flight which may impact domestic banking capital and forex reserves,… Read More ›
The economic turbulence in China has another hidden layer to it – losing jobs to Southeast Asia as multinational companies relocate their manufacturing units to those countries as a way to enhance cost efficiency. “I definitely think Southeast Asia is… Read More ›
The Russian Far East has always been a strategically important region to Russia because of its rich mineral resources and access to the Pacific Ocean, though it is largely neglected and underdeveloped compared to other regions in Russia. More than… Read More ›
Japan‘s direct investment in China in 2014 dropped 38.8 percent from the previous year to $4.33 billion, the Commerce Ministry said Thursday. The plunge, which compares with a decline of about 4 percent in 2013, reflects soured bilateral relations over… Read More ›
The powerhouse that seemed ready to propel the global economy for decades is now stuck in a period of slowing growth. Here’s what that means for your portfolio Every so often an investment theme comes along that seems so big… Read More ›
Sri Lankan president Mahinda Rajapaksa just conceded defeat to his one-time ally, Maithripala Sirisena, in an upset that will have an impact far beyond the teardrop-shaped island and its 20 million residents. Sri Lanka currently has a limited impact on global… Read More ›
Oil-exporting nations are facing budget crises, political instability and social upheaval thanks to the cratering of crude oil prices in recent weeks. Enter China. Despite an economic slowdown of its own—which has been a factor in plunging oil prices—Beijing is stumping up billions… Read More ›
After his successful charm offensive in central and eastern Europe, Chinese Premier Li Keqiang directed the same offensive at South East Asia. According to a Reuters report, the Chinese government’s mouthpiece Xinhua said in its report yesterday that Li has… Read More ›
As soon as the US began to adopt its policy of a pivot to Asia to encircle China, China switched to Russia’s side by joining Russian veto over Syria issue. China followed Sun Tze’s teaching in The Art of War,… Read More ›
A recent study performed by two economists affiliated with a Chinese state agency found that China’s state investments have becoming alarmingly wasteful and ineffective. There are two indisputable facts about China’s mammoth investments in its infrastructure and factories. One, they… Read More ›
As Japan and the US will not allow China to increase its stake in the Asian Development Bank (ADB) and World Bank, China set has set up a multinational rival bank called the Asian Infrastructure Investment Bank (AIIB). 21 countries… Read More ›
Chinese President Xi Jinping is showing China’s goodwill in India, especially China’s desire to resolve its border dispute with India peacefully and maintain peace along the disputed border so the dispute can be solved. Russia wants a Russia-China-India alliance to… Read More ›
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