China attracted foreign direct investment of US$10.8 billion last month, up 16.1 per cent from a year earlier, the Ministry of Commerce said yesterday, boding well for the top leaders' efforts to keep the economy on an even keel as they push reforms.Wednesday, 19 February, 2014, 1:22am
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
Capital inflows to China are being squeezed by corruption and pollution and Beijing is ready to tackle both head-on to ensure a steady flow of funds, Vice-Premier Zhang Gaoli told a gathering of top executives from some of the world's biggest companies.7 Jun 2013 - 11:05pm
The study predicts that the mainland's outbound direct investment (ODI) will jump from US$115 billion last year to US$172 billion in 2017, exceeding the amount of foreign funds coming into the country, and driven by mainland firms' ambition to tap overseas markets and their growing awareness of enhancing research capabilities.29 Apr 2013 - 4:11am
Foreign direct investment in mainland China rose for a second month in March, driven by greater inflows from Europe and the United States.
Ministry of Commerce spokesman Shen Danyang said foreign investments had been steady, adding that the high-end manufacturing and services sectors had seen rapid fund inflows.19 Apr 2013 - 4:05am
Chongqing's policy of low land prices was a drawcard for foreign direct investment and the authorities were working to keep those costs down, the municipality's mayor said yesterday in Hong Kong as more than US$30 billion of contracts were signed between the two centres.16 Apr 2013 - 5:24am
Chinese investment overseas in January and February soared 147 per cent year-on-year to US$18.39 billion, official data showed Tuesday – more than foreign direct investment into the country itself.20 Mar 2013 - 4:58am
Canada is still open to investments from foreign state-owned firms in its energy sector, and it is keen to diversify its export markets to Asia to reduce its reliance on the United States, the country's foreign affairs minister said.14 Mar 2013 - 7:47am
Surging land costs in Myanmar are a challenge for Hong Kong-owned factories in the Pearl River Delta, whose owners long for access to the abundant supply of cheap labour in the country in the face of shortages in the coastal areas of mainland China.11 Mar 2013 - 4:45am
Foreign direct investment success in Hong Kong may be defined by big brands and billion-dollar corporations. But start-ups, business ventures in their earliest stage of development, are potentially one of the biggest drivers of job creation and economic growth in the city.
Last year, 15 per cent of InvestHK's completed projects involved start-up companies, mainly from Europe.18 Feb 2013 - 6:27pm
Let's start by putting this hit-the-foreigners element of Beijing's latest tax initiative into perspective. The share of foreign-invested enterprises in the mainland's exports rose from less than 30 per cent 20 years ago to almost 60 per cent in 2006 and has now declined again to about 50 per cent.14 Feb 2013 - 4:53am 2 comments
The mainland economy may have grown close to 8 per cent last year, with economists saying the gain in momentum starting late last year is likely to continue.18 Jan 2013 - 5:27am
China's attractiveness to foreign investors waned last year for the first time since the global financial turmoil as the world's economy slumped and labour costs rose.17 Jan 2013 - 2:40am
India is poised to approve furniture retailer Ikea's application to open stores as the nation seeks to lure more investment, Commerce Minister Anand Sharma said.
"It should go through," Sharma said on Wednesday. "There should not be any doubt in anybody's mind."4 Jan 2013 - 2:48am
While some analysts forecast a stronger Chinese economy in 2013, a new IMF report argues the country currently overinvests in its FDI ventures.2 Jan 2013 - 8:46am