Category: Investment

The National Bureau of Statistics said urban fixed asset investment grew to RMB422.2bn (US$51bn), up 24.5% from a year ago in the first two months of 2005, prompting concerns that China may be on an investment binge again. The increase was fueled by investments in coal mining, oil refining, and utilities, which grew by 148%, […]

South Korea's foreign direct investment in China reached US$6.25 billion in 2004, up nearly 40% from 2003, overtaking Japan as the third largest investor in China, according to China's Ministry of Commerce. Last year, China approved more than 30,000 South Korean projects totaling US$49bn. Trade between the two countries rose 43% to about US$90bn last […]

Nearly 50% of Chinese companies plan to invest overseas and establish a global presence within two years, state media reported, citing a new government survey. More than 100 companies with overseas activities participated in the survey. The US, Germany and the UK were the top investment destinations named by the respondents, citing low taxes and […]

US-based investment manager Invesco has launched its third mainland mutual fund, the South China Morning Post reported. The fund, being sold through its 33%-owned joint venture with Shenzhen-based Great Wall Securities, will invest between 60% and 95% in A shares. Invesco says its other two funds have outperformed the mainland stock markets, producing gains despite […]