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China News Focus
An eagle eye on China overseas investment:-
31 Jan 2018 – CCCC Water Transport Consultants Co. Ltd. to acquire a 19% equity stake of Concremat Consultant of Brazil.
31 Jan 2018 – China Automotive Battery Research Institute invests in setting up a research center of solid-state battery in Canada.
31 Jan 2018 - China General Machinery Engineering Co. Ltd. to set up Vanuatu Fund Industry Management Co. Ltd.
18 Jan 2018 – China Highway Engineering Consulting Corporation forms a joint venture of China Highway Surbana Jurong Pty Ltd.
18 Jan 2018 – Sinoma (Suzhou) Construction Co. Ltd. to set up Sinoma Suzhou Vietnam Engineering Construction Co. Ltd. in Vietnam.
18 Jan 2018 – Sinoma (Handan) Construction Co. Ltd. to set up Sinoma Handan (Nepal) Construction Co. Ltd. in Nepal.
18 Jan 2018 – China Road & Bridge Corporation to set up China Road & Bridge Myanmar Co. Ltd. in Myanmar.
What to watch
22 Feb 2018 - Electronic information will grow to a scale of RMB1.2 trillion in Fujian province by 2020, fusing further with the real entity economy.
14 Feb 2018 - China filed on record 749 cases of overseas direct investment (ODI) in January 2018, putting Chinese capitals of US$12 billion under contracts.
13 Feb 2018 - J.P. Morgan Chase Bank, N.A. will be the Renminbi clearing bank for the People's Bank of China in the U.S.
13 Feb 2018 - Qingdao-based Dezerlin signed a contract with Zycon Media of the U.K. to co-produce ten animation movies and ten movie series over the next eight years, planning a total investment of RMB1 billion.
13 Feb 2018 - Parallel imports of automobiles to Tianjin posted a record-breaking growth in 2017 when the value of these imports nearly doubled to US$5.3 billion.
11 Feb 2018 – Guangdong province, Beijing and Shanghai together contributed nearly 40% of China’s total consumption in 2017, but consumptions in second-tier and third-tier cities grew 150% faster than major cities.
Up-dating China economics
Time: Jan 2018
CPI: +1.5% year-on-year
- CPI of food: -0.5%
- CPI of non-food: +2.0%
- CPI of medicals and healthcare: +6.2%
- CPI of housing: +2.7%
PPI: +4.35% year-on-year
- PPI of black metals +14.3%
- PPI of petroleum, oil & gas +12.4%
- PPI of petroleum refinery +10.9%
- PPI of chemical material & manufacturing +8.2%
- PPI of non-metal mineral +13.4%
Source: National Bureau of Statistics of China
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A matter of fact -
China's 11 pilot free trade zones (FTZs):
- Shanghai (approved in 2013)
- Tianjin (2014)
- Guangdong province (2014)
- Fujian province (2014)
- Liaoning province (cities of Dalian, Shenyang, Yingkou)
- Henan province (Zhengzhou, Kaifeng, Luoyang)
- Zhejiang province (Zhoushan)
- Hubei province (Wuhan, Xiangyang, Yichang)
- Chongqing (Liangjiang, Xiyung, Guoyuan)
- Sichuan province (Chengdu)
- Shaanxi province (Xi'an)