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China News Focus
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.
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What to watch
3 Feb 2020 – Just the Ministry of Finance (MOF) and its local offices have released RMB47 billion of funds for fighting the coronavirus as of mid-night 3 February, putting the funding on treating and rescuing patients, adding more nurses and medical staff, buying medical equipment and rapid diagnosis and testing agents, etc.
3 Feb 2020 – The People’s Bank of China (PBOC) conducted an open market operation today to release about RMB1.2 trillion of funds, ensuring adequate liquidity in the money market.
18 Dec 2019 - Jiangsu Zhongshan Hotel Group Co., Ltd. issued RMB400 million of medium-term notes in the interbank market of China.
Euler Hermes launches Trade Match to help companies identify export risks and opportunities
Up-dating China economics
Time: January 2020
CPI: 5.4% year-over-year
- Urban CPI: 5.1%
- Rural CPI: 6.3%
- Food: 20.6%
- Non-food: 1.6%
- Consumption goods: 7.7%
- Services: 1.5%
CPI of Food and Cigarette: 15.2%
- Foodstuffs: 0.5%
- Edible oil: 5.0%
- Vegetable: 17.1%
- Poultry and meat: 76.7%
of which pork: 116.0%
- Egg: 2.4%
- Fruit: -5.0%
Source: National Bureau of Statistics of China
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)