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An eagle eye on China overseas investment:-
28 Nov 2019 – China Construction Seventh Engineering Division Corp. Ltd. sets up China Construction Zhongyuan Cambodia Co. Ltd. in Cambodia. 28 Nov 2019 – China High Speed Railway Technology Co. Ltd. sets up China High Speed Railway Malaysia Pty Ltd. in Malaysia. 28 Nov 2019 - Shanghai Huaxun Network System Co., Ltd. sets up Huaxun Network (Singapore) Pte. Ltd. in Singapore. 28 Nov 2019 - CRRC Nanjing Puzhen Co., Ltd. sets up CRRC India Co., Ltd. in India. 28 Nov 2019 - China National Technical Import & Export Corporation sets up China National Technical Capitals Hong Kong Co., Ltd. in Hong Kong to invest in a 900MW LNG plant in Myanmar. 28 Nov 2019 - China Huadian Corporation Co., Ltd. invests in 2x350MW thermal power stations in Sihanoukville, Cambodia. 05 Mar 2019 – CASICloud sets up Hong Kong Cloud Network International Information Technology Co. Ltd. in Hong Kong 31 Jan 2019 - Power Construction Corporation of China Ltd. injects capitals in its investments in Power Construction (Brazil) Engineering Co. Ltd. in Brazil. For more subscribe to: |
Industry Snapshot
SpotlightCORRECTION: In the above article, China trades show diversifying trend, the first paragraph should be corrected as "China conducted import and export trades of a total value of RMB25.63 trillion during the ten month from January to October,.....
Arts Appreciation
A silver bowl made to the shape of sunflower petals, crafted two birds with flowers outside. Height 4.3cm, diameter 11.3cm.
Tang Dynasty
Courtesy of National Museum of China
What to watch
21 Nov 2019 - Ended the third quarter this year, there were 20.86 million micro and small loan accounts outstanding in China, each with a credit limit of under RMB10 million.
11 Sept 2019 - China is forecast to import 7 million tons of palm oil in 2019/20, an increase of 500,000 tons over last year as palm oil is price competitive comparing with other lipids, according to China National Grain and Oils Information Center. 12 Jun 2019 - China imported 424 million tons of iron ore during the period of January to May, 5.2% less than a year ago, but the average import price surged 24.8% to RMB570.6 per ton. 6 Jun 2019 - Shanghai Electric and GFG Alliance of Australia signed an agreement to build a solar power plant in South Australia, supporting the expansion of a local steel factory. 28 May 2019 - Nanjing Metro Group was given a nod by the National Development and Reform Commission (NDRC) to issue RMB10 billion of corporate bonds for replenishing working capitals and for constructing subway transports. |
Global Business Monitor 2019
NewsTrak Daily
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Up-dating China economics
Time: September 2019 CPI: 3.0% year-over-year of which: - Urban CPI: 2.8% - Rural CPI: 3.6% - Food: 11.2% - Non-food: 1.0% - Consumption goods: 4.0% - Services: 1.3% CPI of Food and Cigarette: 8.4% of which: - Foodstuffs: 0.6% - Edible oil: 2.3% - Vegetable: -11.8% - Poultry and meat: 46.9% of which pork: 69.3% beef: 18.8% mutton: 15.9% - Egg: 8.2% - Fruit: 7.7% Source: National Bureau of Statistics of China |
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A matter of fact -
China's 17 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) - Shandong province (2019) - Jiangsu province (2019) - Guangxi Autonomous Region (2019) - Hebei province (2019) - Yunnan province (2019) - Heilongjiang province (2019) |