Sino-US relations started off the Lunar New Year with a slew of suspicious headlines. An unnamed Beijing energy giant stands accused of hacking the computer networks of five multinational oil companies and stealing secrets. Whoever the attackers were, they started and stopped working strictly on Beijing office time. In the same week, 74-year old […]
Category: Investment
Chinese firms have stumbled before in South Africa, but the country’s gateway position keeps drawing them back
Expect South Africa’s services sector to flourish, says Kobus van der Wath of The Beijing Axis
China’s recent cooling measures to curb real estate price growth have negatively affected foreign institutional investors, the China Daily reported. Last year, China’s Ministry of Commerce ordered local authorities to stop approval of some foreign property investments to curb speculation amidst a huge influx of foreign investment in China’s real estate sector. Local authorities are […]
Taiwan will, for the first time, permit Chinese investment in its prized technology companies, a major move towards opening its economy to mainland China, the Financial Times reported. Taiwan’s Ministry of Economic Affairs has proposed allowing Chinese investment of up to 10% in Taiwanese technology companies, and up to 50% in new technology-sector joint ventures. […]