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China News Focus
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An eagle eye on China overseas investment:-
05 Mar 2019 – CASICloud sets up Hong Kong Cloud Network International Information Technology Co. Ltd. in Hong Kong 28 Feb 2019 – China Railway Group Limited sets up a subsidiary China Railway Philippines in the Philippines. 28 Feb 2019 - Beijing New Building Materials Public Limited Company to acquire a 100% equity stake of Sinoma (Hong Kong) Limited. 28 Feb 2019 – China Energy Engineering Group Tianjin Electric Power Construction Co. Ltd. sets up China Energy Tianjin Indonesia Co. Ltd. in Indonesia. 28 Feb 2019 – China Energy Engineering Group Science and Technology Development Co. Ltd. sets up a joint venture company China Energy Engineering Group Vietnam Power Station Servicing Co. Ltd. in Vietnam. 28 Feb 2019 - China Meheco Group Co. Ltd. increases registered capitals in Meheco (Hong Kong) International Company Limited. 28 Feb 2019 – Zhejiang Ocean Family Co. Ltd. to build five mega vessels in Kiribati for net-catching tuna fish. 28 Feb 2019 – Zhejiang Lygend Investment to set up a mineral mining company in the Solomon Islands. |
Industry Snapshot
SpotlightArts Appreciation
Embedded with pearl and precious gold beads, the necklace probably came from Central Asia or West Asia of China in the era of 581-618 B.C.
Weight 91.25 grams.
Courtesy of National Museum of China
What to watch
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. |
NewsTrak Daily
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Palace Museum, Phoenix TV and
Bank of China (Hong Kong) proudly present “A Journey Through Springtime Along the River” Hong Kong Exhibition - a major charitable event to be held from July 26
to August 25, 2019 at the AsiaWorld-Expo, Hong Kong.
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Up-dating China economics
Time: Jan-May 2019 PMI (seasonally adjusted): Jan - 49.5 Feb - 49.2 Mar - 50.5 Apr - 50.1 May - 49.4 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) |