Chongqing Equity Investment Fund Association established

The establishment ceremony of Chongqing Equity Fund Association was held on December 17, 2012. The private equity investment fund has been the innovative financial type with the fastest growth. There have been 170 recorded fund and management institutes, with the total subscribed capital of 37.9 billion yuan, contributing to the developing hypostatic economy, building leading […]

China’s FDI inflow fall quickens in November

November saw foreign direct investment (FDI) into China fell for the 10th time in 11 months, as labor costs rose and an economic slowdown dragged growth down for seven quarters in a row. The country’s FDI inflow decreased 5.4 percent in November from a year earlier, and the pace of drop accelerated from 0.24 percent […]

PICC sells more shares after IPO

People’s Insurance Company (Group) of China (PICC) on Monday said it has issued additional shares to meet high demand after its IPO in Hong Kong. The move will help raise an additional 3.5 billion HK dollars (451.61 million U.S. dollars) for the mainland’s second-largest insurer, which means PICC raised about 27.5 billion HK dollars in […]

Breaking down China’s overseas investment, Part I: The makings of a global phenomenon

Breaking down China’s overseas investment, Part I: The makings of a global phenomenon

Riding the upward wave, China’s recent flurry of outbound investment signals a new major investor on the global map While China has written a splendid chapter on attracting foreign direct investment (FDI) over the past decade, there have also been many stories about its outbound direct investment (ODI). Instead of just being a recipient of […]

Breaking down China’s overseas investment, Part II: A source of warmth amid economic chill

During the global financial winter, a breeze of fresh air from Chinese investors bring warmth Since the outbreak of the global financial crisis, China’s outbound investment has proved to be the answer to the ailing economies’ prayers. Chinese investors have lent a big hand in helping them get their economic houses in order and enhance […]

Securities cooperation pact inked by Taiwan, India

Taiwan Securities Association signed a memorandum of understanding with Association of National Exchanges Members of India Dec. 12 in New Delhi, paving the way for greater bilateral collaboration in securities markets. “With a population of 1.2 billion, India is an ideal choice for international firms seeking to expand their reach and diversify business risks, while […]

Taiwan gears up for yuan banking services

Taiwan gears up for yuan banking services

Taiwan financial institutions may be able to offer yuan banking services beginning February 2013, ROC Central Bank Gov. Perng Fai-nan said Dec. 12. Following implementation of the cross-strait currency settlement agreement, which took effect Oct. 5, Taiwan residents may be able to open yuan savings accounts at local institutions before the Chinese New Year holiday, […]

China economy still on track for modest recovery

China economy still on track for modest recovery

China’s new loan figures for November show lending coming in a shade slower than market expectations last month with the pace of total financing, that’s a very broad measure of financing in China which includes bond and equity financing as well, also slower versus previous months. But despite the latest figures, many say that the […]

Chinese economy to dodge hard landing

The Chinese economy will not witness a hard landing, Stephen Green, head of Greater China research at Standard Chartered Bank, said Tuesday. The government projects, credit and the real estate sector are the three main leading indicators to forecast China’s economy, Green said while addressing a seminar held by the Hong Kong General Chamber of […]

China’s fiscal revenues rise 21.9 pct in November

China’s fiscal revenues grew 21.9 percent year-on-year to 787.1 billion yuan (about 125.12 billion U.S. dollars) in November, the Ministry of Finance (MOF) said Tuesday. The growth rate was higher than the 13.7-percent rate recorded in October, according to the MOF data. The ministry said the sharp increase was mainly caused by a lower comparison […]

1 3 4 5 6 7 29