Chinese mining companies will be on the prowl this year to acquire more firms or forge joint ventures in regions ranging from Africa to Latin America to Southeast Asia as they try to feed the country's voracious appetite for the iron ore and precious and industrial metals vital for an economy that has slowed but is still expanding at a healthy clip.Saturday, 5 April, 2014, 1:54am
China Investment Corporation is set to buy Chiswick Park, a west-London office development, from US private equity group Blackstone for about £800 million (HK$9.93 billion), the Financial Times reported, citing people familiar with the matter.
The talks are at an advanced stage, and a deal could be finalised before the end of this month, the newspaper said.11 Nov 2013 - 11:02am
China's sovereign wealth fund, China Investment Corp (CIC), says its return on overseas investment was about 11 per cent last year, reversing a loss in 2011, in part due to its diversified investment portfolio.9 Jun 2013 - 8:46am
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
China’s top affluent citizens sent 2.8 trillion yuan (HK$2.5 trillion) overseas in 2011, about 3 per cent of the nation's gross domestic product that year, said a report by the Boston Consulting Group and China Construction Bank.12 Mar 2013 - 12:00pm 4 comments