Chinese Investment

Debate in US over trade deficit with China heats up

US steelmakers blame Chinese rivals for the loss of jobs. Photo: Xinhua

A chorus of voices in the United States has been calling for tougher trade action against China, alleging imports from the country are slashing jobs in the US.

Friday, 21 March, 2014, 5:19am 3 comments

Rising Chinese outbound investment may bring benefits and problems

In China, the state share of investment by value still exceeds 90 per cent, but the private role has grown noticeably in each of the last three years.

Chinese investment around the world has drawn a great deal of attention and seems like it’s growing very quickly.

In fact, growth has been steady and not at all dramatic.

21 Jan 2014 - 4:03am

Chinese firm offers premium for Australian coal explorer

Coking coal, used in steelmaking, is a preferred variety of the commodity. Photo: Reuters

Private Chinese company China Kingho Energy has offered a hefty 110 per cent premium in a A$66 million (HK$463 million) bid for Australian coal explorer Carabella Resources, which said on Thursday it had also received expressions of interest from other parties.

5 Dec 2013 - 3:32pm

China no longer just an economic juggernaut

In London, China owns 10 per cent of Heathrow. Photo: AFP

Regardless of whether the 21st century will remain an American century, authors Heriberto Araújo and Juan Pablo Cardenal have outlined in The New York Times how China is already building an "economic empire" across the globe, including the acquisition of Western iconic assets.

17 Jun 2013 - 4:23am

IMF warns China of risks in investment binge

Spending on highways, along with other big-ticket projects, ensures that local government debts stay in the fast lane. Photo: Bloomberg

The International Monetary Fund has urged self-discipline on China's provincial and city governments, warning headlong investment fuelled by rapid credit growth may threaten economic sustainability. The IMF's alert underscores the challenges facing the mainland's new leaders as they seek to lessen financial risk while keeping economic growth stable.

30 May 2013 - 3:49am

Australian firm eyes Chinese investors for property trust

Phillip Nyssen, director and founder of Property Joint Ventures

Property Joint Ventures, an Australian firm, hopes to exploit the growing interest in offshore property investments among wealthy mainland Chinese by offering them an opportunity to invest in its privately-run real estate trust.

29 May 2013 - 3:21am

African Union celebrates 50th anniversary

A South Sudanese tradtional dancer entertains guests during the celebrations to mark the 50th anniversary of the African Union in Addis Ababa yesterday. Photo: AFP

China was thanked yesterday for its massive wave of investment across Africa as the continent's leaders opened extravagant celebrations for the 50th anniversary of the African Union.

26 May 2013 - 8:58am

China remains world's No 1 holder of US debt

China remains the largest foreign creditor to America in March. Photo: AFP

China retained its lead over Japan as the largest foreign creditor to America in March, US Treasury Department data shows.

17 May 2013 - 4:06am

China to remain influential in Myanmar even as Western firms arrive

An industrial port in Yangon, Myanmar's largest city. Photo: EPA

China, the biggest investor in Myanmar, will lose market share to other countries as they rush to invest there, but Asia's largest economy will remain a major investor in the Southeast Asian nation owing to its huge cash resources, observers say.

13 May 2013 - 3:34am

Hospital in Lusaka symbol of China's soft power in Zambia

The general hospital in Lusaka built by China.Photo: Xinhua

Joy Bwalya-Mwale, 16, had a baby tied to her back and an umbrella to protect her from the burning sun. The teenage mother had come for a check-up at the Levy Mwanawasa General Hospital in Lusaka, Zambia, where her daughter, Natalia, was born eight months ago.

1 May 2013 - 4:02am

Canada froze immigration schemes in face of criticism

Chinatown in Vancouver. Photo: Bloomberg

Official forecasts about Chinese migration reshaping Vancouver are premised upon conditions remaining similar over the next two decades, but already changes are looming.

14 Apr 2013 - 7:46am

Chinese investors eyeing Philippines

Some innovative developments in the Philippines have panoramic views of the Pacific Ocean. Photo: Miguel Nacianceno

Disheartened by tight government controls in their domestic housing markets, investors from China, including Hong Kong, are looking overseas for alternatives. Among their targets is the Philippines, which posted one of Asia's highest economic growth rates last year.

10 Apr 2013 - 5:47am

Chinese businessmen slow to exploit potential for farming in Africa

Jin Jianzheng in his Chinese cabbage field in Khartoum.

The Chinese government has long encouraged businesses to invest in agriculture abroad, and Xi Jinping's first foreign trip as president in the past week involved visits to three African countries.

31 Mar 2013 - 6:06am 2 comments

Nexen deal shows how Chinese firms can do business in US

The CNOOC-Nexen deal shows foreign acquisitions needn't be a minefield for Chinese firms. Photo: Reuters

The fact that China National Offshore Oil Corporation's US$15.1 billion acquisition of Calgary-based Nexen went through successfully, with the required US approval, shows that direct investment capital flows from China are not always subject to political hijacking, as many on the mainland claim.

18 Mar 2013 - 1:41am

China invests in Nepal as gateway to India's huge markets

Delegates of the China Council for the Promotion of International Trade (CCPIT) attend a programme on trade between China and Nepal. Photo: Xinhua

China's ambassador to Kathmandu was recently pictured in a traditional Nepali cap and silk scarf, digging with a spade to symbolise the laying of the foundations of a new dry port near the Tibet border.

11 Mar 2013 - 5:42am