David Friesen

Latest from David Friesen

In shift from manufacturing, China lures foreign investment in red-hot services sector

Known primarily as a hub of manufacturing, China has diversified into other sectors in an effort to maintain the country’s strong GDP growth and attract further investment. Whereas factories were once the focus of foreign direct investment (FDI) flows, services and people-focused sectors are now attracting greater attention from overseas investors.

Known primarily as a hub of manufacturing, China has diversified into other sectors in an effort to maintain the country’s strong GDP growth and attract further investment. Whereas factories were once the focus of foreign direct investment (FDI) flows, services and people-focused sectors are now attracting greater attention from overseas investors.

7 May 2015 - 10:33AM
The beautiful game finally takes off in China as foreign clubs eye big profits

For years, China’s sports industry has been dominated by basketball, tennis and badminton, driven by homegrown stars such as Yao Ming and Li Na and strong leagues. Yet the most lucrative sport of all – football – has lagged behind.

For years, China’s sports industry has been dominated by basketball, tennis and badminton, driven by homegrown stars such as Yao Ming and Li Na and strong leagues. Yet the most lucrative sport of all – football – has lagged behind.

27 Mar 2015 - 9:18AM
Flourishing luxury car market edging out China’s cheaper domestic brands

Twenty years ago China’s roads were a sea of locally made vehicles, motorbikes and pedal bikes. The country’s car market has flourished since then, attracting huge investment from domestic and foreign firms. In the past decade, the number of cars sold has rocketed from around 2 million to nearly 20 million a year.

Twenty years ago China’s roads were a sea of locally made vehicles, motorbikes and pedal bikes. The country’s car market has flourished since then, attracting huge investment from domestic and foreign firms. In the past decade, the number of cars sold has rocketed from around 2 million to nearly 20 million a year.

30 Jan 2015 - 9:37AM
22 Dec 2014 - 9:15AM