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China News Focus
An eagle eye on China overseas investment:-
30 Sept 2018 – China FAW Group Co. Ltd. invests and acquires a 12% equity stake of FMC Cayman.
30 Sept 2018 – TEDA Investment Holding Co. Ltd. to invest in TPCO America Corporation.
30 Sept 2018 - Harbin Electric Machinery Co. Ltd. to set up a subsidiary company in Brazil.
30 Sept 2018 - China Electronic Imports and Exports Corporation (CEIEC) to increase share capitals in CEIEC Bolivia.
30 Sept 2018 – China Hi-tech Group Corporation to increase share capitals in China Hi-tech (North America) Co. Ltd.
30 Sept 2018 – China Reform Fund Limited Partnership of Shenzhen to invest in 3D Medicines Inc. of Cayman Islands.
30 Sept 2018 – CISDI Group Co. Ltd. to set up CISDI Engineering (USA) Co. Ltd. in the U.S.
What to watch
18 Oct 2018 - A group 80 Singaporean companies will participate in China International Import Expo to be held in Shanghai this November, seeking trading and service opportunities beyond China.
11 Oct 2018 – The Ministry of Finance of China issued US$3 billion of sovereignty bonds in Hong Kong, giving bond yields in the range of 3.25% to 4%.
10 Oct 2018 - Zhejiang Seaport Group and DP World have pledged to strengthen dual-way trade and logistics, making Dubai an imported transit in China’s “Belt and Road” development.
8 Oct 2018 – Power supply became the third largest product of exports of Yunnan province which exported 13.54% much electricity to neighbouring countries in the first half of the year.
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Up-dating China economics
CPI Aug: 102.3
CPI Jul: 102.1
CPI Jun: 101.9
CPI May: 101.8
CPI of clothing Aug: 101.3
CPI of housing Aug: 102.5
CPI of household goods and service Aug: 101.6
CPI of transport and communication Aug: 102.7
CPI of medicals Aug: 104.3
Retail sales value of consumer goods:
- Aug: RMB3.154 trillion
- Jul: RMB3.073 trillion
- Jun: RMB3.084 trillion
- May: RMB3.036 trillion
- Apr: RMB2.854 trillion
Source: National Bureau of Statistics of China
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)