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Chinese Find Australia A Good Place For Investments
China is second only to the United States in the scale of its investment in Australia, with interests in increasingly broad sections of the economy. But while Canberra welcomes overseas investment, there has been opposition to the influx of Chinese money. Recent figures from the finance firm KPMG and the University of Sydney show that … Continue reading
China Wants to Import More Oil From Nigeria
By Jill Malandrino Despite instability in crude oil prices, global production at record highs and Iran coming back on line to produce more oil than analysts expected, China wants to import more crude oil from Nigeria. In an interview with the Nigerian News Agency, Zao LingXiang, economic and commercial counselor of the Chinese Embassy in Nigeria, … Continue reading
China’s Economy: The Sum Of The Parts [Infographic]
By Jeff Desjardins, Visual Capitalist Geographically vast countries such as the United States or Canada have incredible diversity within their borders. Every part of the country appears unique, as the distribution of population, culture, geographical features, natural resources, and regional industries vary from place to place. Think of the differences within the U.S. alone: Silicon Valley is … Continue reading
Goldman Predicts $700Bn Capital Outflow, Weaker Yuan For China In 2016
The world’s second biggest economy will see $700 billion leave the country this year, says Goldman Sachs. However, a currency crisis in China is unlikely to happen soon, according to the bank. Even though capital outflows from China have grown from 2013, the main concern is declining foreign reserves of the People’s Bank of China, … Continue reading
Chinese Stocks Set To Rally 30% In 2015, Top-Ranked Broker Says
Chinese stocks are set to rally 30 percent in 2015 – following a 53 percent surge in 2014 – as policy makers continue to push through reforms and cut funding costs, according to the Managing Director at China International Capital Corporation (CICC), which correctly called last year’s rally, Bloomberg reports. Even though the Shanghai Composite Index … Continue reading
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