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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
Spotlight
Wagons full-loaded with rice.
Beidahuang Rice Industry Group, Heilongjiang.
DF5 2015 carrying 3,000 tons of rice to be donated by Heilongjiang Province to Hubei Province.
Courtesy of Beidahuang Rice Industry Group, Heilongjiang.
Date: 17 Feb 2020
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. |
Allianz Research - Coronavirus outbreak
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Up-dating China economics
Time: January 2020 CPI: 5.4% year-over-year of which: - 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% of which: - Foodstuffs: 0.5% - Edible oil: 5.0% - Vegetable: 17.1% - Poultry and meat: 76.7% of which pork: 116.0% beef: 20.2% mutton: 10.4% - Egg: 2.4% - Fruit: -5.0% 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) |