Morgan Stanley, global financial services giant, is still trying to sell its entire holdings in China International Capital Corp (CICC), the country’s first and most profitable investment bank, confirmed by both the US-based financial advisor and CICC on Nov. 4, 2009.
Citing people familiar with the situation, the report in the Wall Street Journal on Tuesday pointed that Morgan Stanley had asked potential buyers to submit indicative first-round bids for its 34.3 percent stake in CICC. Read more…
Popularity: 2% [?]
bank, China, economy, global, investment, service
According to several speakers at the First China Overseas Investment Fair on November 4, 2009, China’s tremendous overseas investment helps the global economy, especially the economies of developing countries to recover from the world’s financial crisis.
Chinese officials pressed for foreign countries to create a convenient and fair environment to make it easier for Chinese investors to continue to invest.
Comparing with the traditional big spenders, including the United States Read more…
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China, economy, fair, global, investment, overseas
Although there are more and more Chinese investing directly overseas, these investment are still very likely being less than foreign direct investment (FDI) this year, government officials and experts said on July 1.
Recently, foreign banks and other organization forecast that ODI (overseas direct investment) would exceed FDI. However, government officials suggested that it is unlikely to happen soon, especially this year. It is partly because Chinalco’s $19.5 billion didn’t succeed to save Rio Tinto last month, which is the world’s third largest mining enterprise.
Read more…
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bank, China, economy, enterprise, investment, organization
China’s rail users will be the biggest winners as the government’s detailed financial stimulus package come out. New high speed trains, a greatly expanded rail network and faster links between the country’s major cities, all now pulling out of the sidings, are racing towards completion.
China’s railway builders and train manufacturers, too, are celebrating their unexpected fruits following the government’s commitment to enlarge the rail infrastructure across the country. Companies in these sectors are expected to be the major beneficiaries of the 4 trillion yuan stimulus package lately announced by the government as its key policy in ensuring China’s economy continues to thrive, despite the situation of the global financial downturn.
The first fruits of this massive Read more…
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China, economy, investment, package, rail, train
Yang Chao, Chairman of China Life Insurance Co Ltd, said yesterday that the company plans to have a try at the property market to diversify its investment lay out. He said China Life would seek to invest in infrastructure, equity, fixed-income securities and the property market.
According to Yang, China Insurance Regulatory Commission is expected to permit insurers to invest in infrastructure and real estate soon and is drawing up guidelines concerning it. China Life is waiting for the inaction of these regulations and making preparations for their Read more…
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China, economy, industry, insurer, investment, market, risk
On the day Mar, 27th, 2009, Mountain Partners Group (MPG), which is a Swiss investment company, announced that they would build the first institutionalized angle fund in China focusing on the new but potential corporations. Read more…
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China, company, economy, fund, investment, MPG, Swiss
Top 50 foreign investments
in service enterprises in Nanjing
(in terms of tax paid)
1. ZTE Software Nanjing Co Ltd
2. Golden Eagle International Group
3. BSH Home Appliances (China) Co Ltd Read more…
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China, economy, enterprise, investment, nanjing, Outsourcing, service
After the examination of Aluminum Corp of China’s (Chinalco’s) investment in Rio Tinto, the Australia government has decided to extend another similar examination of two more Chinese firms’ investment in the country’s miners.
According to what OZ Minerals said on Monday, the country’s Foreign Investment Review Board would extend its review of the takeover of OZ Minerals by China’s Minmetals from March 24 and the examination would last for 90 days. Read more…
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Australia, China, economy, examination, firm, government, investment
Invitation for Bids
FUJIAN HIGHWAY SECTOR INVESTMENT PROJECT
Construction of Pavement and Traffic Safety Facilities of
Yong’an – Wuping Expressway (0706-06110004J001B)
Dear Sirs:
We now invite you to submit sealed bids for the execution and completion of the cited contract (Contract B2). Read more…
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China, economy, expressway, Fujian, highway, ifb, investment, project
Foreign direct investment (FDI) has dropped down for 4 months continually in January since the economic crisis influenced deeply around the world.
Compared with the amount of overseas direct investment in January 2008, which had risen by 109.78 percent, the Ministry of Commerce said yesterday that the amount of last month in this year dropped 32.6 percent to $7.54billion.
Read more…
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China, crisis, drop, economy, investment, world
Morgan Stanley, global financial services giant, is still trying to sell its entire holdings in China International Capital Corp (CICC), the country’s first and most profitable investment bank, confirmed by both the US-based financial advisor and CICC on Nov. 4, 2009. 
