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China News Focus
An eagle eye on China overseas investment:-
10 Jan 2018 – Shanghai Aerospace Automobile Electromechanical Co. Ltd. acquires Erae Automotive Systems Co. Ltd. of Korea.
10 Jan 2018 – Xinxing Heavy Industries Group Co. Ltd. increases capitals in New India Iron and Steel Co. Ltd.
10 Jan 2018 – Xinxing Ductile Iron Pipes Co. Ltd. to restructure PT Megah Surya Pertiwi of Indonesia and to extend the Phase I construction of a ferronickel production plant.
10 Jan 2018 – China Huadian Corporation, through a subsidiary in Hong Kong, invests in building 2x660MW coal fired power plants in Indonesia.
10 Jan 2018 – Beijing Auxin Chemical Technology Ltd. to form a joint venture company in Pakistan and to build a factory to produce emulsion explosive.
10 Jan 2018 – Tiandi Science & Technology Co. Ltd. to invest in an outdoor coal mining project in Thar, Pakistan.
10 Jan 2018 – Shandong Nanshan Aluminum will form a joint venture to invest in an aluminum oxide project based in Bintang Nanshan Industry Park in Bintang, Indonesia.
What to watch
3 Jan 2018 – China-built Pulau Muara Besar Bridge (PMB) is completed for full operation in 2018, the first cross-sea big bridge in Brunei.
28 Dec 2017 – Malaysia’s biggest iron and steel factory, based in Malaysia-China Kuantan Industry Park (MCKIP), is completed for operation.
27 Dec 2017 – The city of Chengdu, Sichuan province has made debut an international railway line going from Chengdu to Tilburg, Holland.
26 Dec 2017 – Shanghai Lingang Group, the Municipal Government of Baoshan District, and Shanghai Pateo signed to form an internet-supported vehicle industry platform.
Up-dating China economics
Time: Dec 2017
CPI: +1.8% year-on-year
- CPI urban: +1.9%
- CPI rural: +1.7%
- CPI of food: -1.4%
- CPI of non-food: +2.4%
- CPI of consumer goods: +1.1%
- CPI of services: +3.0%
- CPI of medicals and healthcare: +6.6%
- CPI of housing: +2.8%
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)