In the second quarter of 2019, China’s economic growth slowed down to 6.2%. This is the slowest pace in the last 27 years, and it is mainly due to the trade situation with the US. Despite the fact that there was a slight improvement in June, most experts believe that the gains may not be...
With China’s intention to open up its finance sector for foreign investments earlier than planned, the two notable opportunities that arose include: The restriction on foreign shareholders for owning insurance, fund, and security management firms will be removed in the year 2020 Foreign investors will be buoyed up to establish pension management companies, wealth management...
The World Bank has finally released its long-delayed report analyzing Chinese investments in the ambitious One Belt One Road Initiative. It noted that Chinese investment in a string of infrastructure projects that connect China to the European, Asian, and African markets will be instrumental in uplifting poverty across all the regions it touches. The network...
Chinese regulations have made it easier for Hong Kong based asset management funds to sell on its stock exchanges. This recent move is seen as an attempt by the Chinese regulatory authorities to open up its markets to foreign investors and institutions. This sounds like good news for JP Morgan asset management as they have...
The race for 5G is in full swing between the two largest economies of the world. However, China is looking far into the future with its investments abroad into the mining sector. China has set a firm gaze on the metals and minerals that are instrumental to fuel the digital economy of the future. While...
A recent report by PricewaterhouseCoopers (PwC) brings good tidings for Hong Kong’s financial markets. The report forecasts that the Hong Kong stock exchange HKEX can raise up to 300 billion dollars of capital through initial public offerings (IPOs) this year. According to the PwC’s report, there will be 200 public offerings altogether, 170 of which...
The idea of this grand economic and infrastructure developmental project was first revealed to the world in 2013 by President Xi. Between then and now, the project has come a long way. The One Belt One Road (OBOR) Initiative sought to revive the ancient “Silk Route” that once connected China to much of the known...
Hong Kong and Singapore are both in a fierce battle with each other to come out on top. The stakes that they are fighting for: Dominance in Asia as the most important financial center through their stock markets. While many countries in South East Asia have battled with each other for dominance in the centuries...
Made in China 2025 (MIC 2025), an initiative to transform China into a hub for advanced manufacturing, has been met with curiosity, and some confusion, by observers since it was unveiled in 2015. The international business community is curious about how effective the policy will be. Many wonder whether MIC 2025 will end up like...
US-based Ford Motor Company recently announced plans to expand automotive production in China. Ford officials had initially planned to manufacture its Ford Focus model in Mexico; representatives said the decision to move Focus production to Chongqing in 2019 would help the manufacturer avoid unnecessary retooling and investment costs. A statement on Ford’s website said, “Ford...