Prime Minister John Key revealed yesterday that New Zealand is becoming a major investment hub for Asian businesses and financiers, and the nation’s currency is expecting a boost. Some of the targets include government debt securities as well as farms and natural resources. In fact, Shanghai Pengxin Group, a Chinese company, recently received permission...
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Tags: Asian Investors, Dairy Farms, Investment Asia, Natural Resources, New Zealand, Prime Minister John Key, Wall Street Journal
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Western companies have become increasingly more attracted to China’s consumer market, despite the major commitment needed in order to become truly involved. According to Benjamin Wey, president of New York Global Group, entering the Chinese market is no longer a simple feat. Once, China would jump at an opportunity with a Western brand. Today,...
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Tags: Ben Wey, Benjamin Wey, Benjamin Wey Financial Times, BusinessNewsDaily, Chinese Markets, New York Global Group
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While much of the world is still feeling the economic downturn, China stands strong with its confidence in its economic future. Last week, Chinese Premier Wen Jiabao said that he is confident in China’s economy. He has openly welcomed foreign companies like ARC Investment Partners to share in the country’s growth. As Wen said...
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Tags: Adam Roseman, ARC Investment Partners, Chinese Premier Wen Jiabao, CitiGroup Inc., HSBC, Standard Chartered Plc, World Economic Forum
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Though the Global Financial Crisis has not been resolved, the increase in Asian trade has encouraged many investors and companies to resume business in Chinese operations. APM Terminals, for example, the port operations division of AP-Moller Maersk Group, has recently announced it will be continuing its investments in the region following a short pause...
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Tags: Ambassador Zhang Junsai, APM Terminals, Canada Trade, China Economy, China Investment, Martin Christiansen
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With China holding 1.16 trillion dollars of US debt, the current crisis and what the Fed decides to do about will have implications to China. Many believe that the US will undertake QE3 (quantitative easing) which allows more cash in the system, but has the effect of devaluing the US dollar. Countries like China...
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Tags: QE3, S&P Downgrade, US Credit Rating
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It has been agreed that “cordial relations” will be maintained between China and Pakistan. According to Inamul Haq (the country’s former state Minister for Foreign Affairs), everyone is in total agreement on this. At a recent seminar, he said that Chinese investments and projects in Pakistan had reached $25bn and that this figure was...
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Tags: China, investments, Pakistan
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With news from President Obama that there has been a debt ceiling deal within a day Asian stocks rallied from their current slump, yet the rally as positive as it is could sputter if the US congress fails to pass the deal and doesn’t raise the debt ceiling by Tuesday. Many Asian countries are...
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Tags: Debt Ceiling Debate, Default, Downgrade
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In the last year, Burma was the recipient of $20bn in foreign investments. Not only is this figure alone impressive, but it is a huge development when looking at last year’s figure which was $302m. So where did all of this money come from? Well, according to a recent BBC News article, it seems...
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Tags: Burma, China, investments, Tasang Dam
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Many investment partners today have their eyes on China. And for good reason. Consumer spending in China is predicted to come close to doubling by 2015 in the retail sector alone, according to a new report by the Chinese Academy of Social Science (CASS). And this comes on the back of spending that has...
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Tags: Adam Roseman, ARC Investment Partners, CASS, China Market Research Group, Chinese Academy of Social Science
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It seems like Spiderman may be climbing the Great Wall China in the near future. Apparently, as reported in a recent Google news article, POW Entertainment creator Stan Lee has just joined up with an investment company in Hong Kong “that aims to roll out a new superhero franchise targeted at Chinese and foreign...
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Tags: China, POW!, Spiderman, Stan Lee
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