It’s getting personal. China this week placed sanctions on certain US individuals, in retaliation for the US placing restrictions on certain China individuals. The Chinese leadership wrapped up a series of meetings at the seaside, but there is no indication yet of what policy shifts could result. What is expected is a doubling-down on the […]
Category: Investment
China’s July property investment grew at the quickest clip since April last year, underpinned by solid construction activity and easier lending as the economy gradually recovers from the coronavirus crisis, reported Reuters. Real estate investment in July rose 11.7% from a year earlier, quickening from 8.5% growth seen in June, according to Reuters calculations based […]
One of the UK’s biggest asset managers has warned that investors could get a raw deal if the US goes ahead with plans to force Chinese companies off American exchanges unless they submit to audit inspections, reported the Financial Times. Aberdeen Standard Investments, the fund management arm of Standard Life Aberdeen, is lobbying the US […]
The Covid-19 pandemic and an unsettled international political environment poured cold water on Chinese outbound investment as first-half overseas merger and acquisition deals fell to the lowest in 10 years, reported Caixin. In the first half of 2020, outbound Chinese M&A activity declined 17% to 248 announced deals, though the rate of decline in the […]
Buyout group Permira is to take a majority stake in EF Education First’s chain of English-language schools for children in China and Indonesia, reported the Financial Times. Permira’s investment values the whole business unit, EF Kids & Teens, at about $1.5 billion, according to an FT source. This represents a discount to the originally reported […]