Investors’ growing demand for Chinese offshore stocks is pushing up the prices even of underperforming companies, according to Bloomberg, which says the trend may be a sign that the buying up of shares in Chinese companies is turning into a “frenzy.” A third of the companies on the Hang Seng China Enterprises Index reached one-year highs last […]
Category: Commodities
Experts at the global economic forum in Davos, Switzerland, this week commented on China’s ambitious One Belt, One Road project, warning of the potential for politics to guide the flow of investments rather than economic value, Caixin Global reports. The key, experts say, is a balance of input from both private-sector and governmental partners in […]
China’s Export-Import bank is continuing a push to expand its scope beyond infrastructure by releasing $4bn of private equity capital. The state-controlled overseas investor will use this to its competitiveness with global funds for diversified assets, reports the FT. ExIm bank has already begun the path to diversification in other regions. In Europe the bank […]
China has sold the rights to explore three oil and gas exploration blocks in the restive western region of Xinjiang for fees worth more than RMB 2.7 billion ($422 million), Reuters reports, citing an article by Xinhua. Shenergy Co, Xinjiang Energy (Group) Co and Zhongman Petroleum and Natural Gas Group Corp (ZPEC) were the firms to secure the […]
The US government announced today that it will impose considerable new tariffs on Chinese-imported solar panels and washing machines, reports the Financial Times. This will be the first such trade measure directly taken by the President during his premiership, but is not expected to be the last as he continues to enact his ‘America First’ […]