China DigestEconomics and Policy from China's Newspapers Over the first six months, investors infused US$7.4 billion in new investment in 55 Belt & Road countries, a 12% rise By Asia Times staff July 18, 2018 5:07 AM (UTC+8) Share Tweet Linkedin Print Email Share 0 Comment 0 In the first half of 2018, Chinese investors sank US$57.18 billion in non-financial direct investment into 3,617 foreign enterprises in 151 countries and regions, an increase of 18.7% from a year earlier, according to the Ministry of Commerce, Sina Finance reported. In particular, investment in countries along the Belt & Road Initiative has steadily advanced. Over the first six months, Chinese investors infused US$7.4 billion in new investment in 55 Belt & Road countries, a 12% rise from a year earlier. Meanwhile, the structure of foreign investment continued to be optimized. Foreign investment mainly flowed to the leasing and business services, manufacturing and mining, as well as … [Read more...] about Chinese investors parked US$57.18 bn overseas in 2018
Mahathir has been a fierce critic of a US$100 billion project in Johor called Forest City, a special economic zone about the size of Hong Kong. Reuters At Patricia Li’s flat in the southern Malaysian state of Johor, there is just one topic of conversation. Li and her fellow middle-class Chinese friends have bought Malaysian properties over the past few years and each is wondering how the surprise election of an opposition coalition led by Mahathir Mohamad will affect their investment. Mahathir has been a fierce critic of a US$100 billion project in Johor called Forest City, a special economic zone about the size of Hong Kong. Now Li and her friends are nervous about what the change of government and Mahathir’s second stint as prime minister will mean for them. “In the past couple of days, we’ve got together all the time and talked about it. Out two biggest worries are … our investment and safety,” Li said. Li is from Yunnan province in southwestern … [Read more...] about Should Mahathir Mohamad’s Malaysia election win worry Chinese investors in Johor’s Forest City?
OMAHA, Neb.: China's growing middle class is becoming a bigger force in global tourism. For a case in point, look no further than Nebraska the week of the Berkshire Hathaway Inc annual shareholders' meeting.For all his fame in the United States, where some regard him as the best investor of all time, billionaire Warren Buffett on Saturday said the company's brand carries much less weight with potential partners beyond U.S. borders.But a clear exception is the world's second largest economy, where Buffett is something of a rock star: One early estimate put the number of Chinese visitors expected for Berkshire week at 5,000. Berkshire sent out slightly more tickets to this year's extravaganza than in 2015, when an estimated 42,000 celebrated Buffett's 50th year at the helm.Posters for an investment conference across the street from Berkshire's convention hall are written in Chinese and boast the conglomerate Tencent Holdings Ltd as a partner.Tables at a nearby hotel are set with a … [Read more...] about Go to Omaha, young man: Chinese investors flock to Buffett
China DigestEconomics and Policy from China's Newspapers Chinese investor optimism soars as economic reforms in China generate new opportunities, Manulife report finds By Asia Times staff May 2, 2018 5:05 AM (UTC+8) Share Tweet Linkedin Print Email Share 0 Comment 0 As the investment interest of Chinese investors continues to grow, the importance of insurance products is looming larger within their investment portfolios, Yicai.com reported. According to the latest Manulife Investor Sentiment Index (MISI) released by Manulife Financial Corporation, a Canada-based financial service provider, Chinese investors’ MISI has increased to 40 in 2018 from 33 in 2017. The optimism of investors comes mainly from the fact that China’s economic reforms have continued to generate a lot of new opportunities. Meanwhile, insurance products have played a more important role in their investment portfolio, accounting for 11% of their total investable assets, a 1% rise from 2017. … [Read more...] about Chinese investors partial to insurance products
Chen Tianqiao has placed one of the biggest wagers of his life. And it may finally be starting to pay off.Chen, through his Singapore investment firm Shanda Asset Management Holdings Limited, has accumulated a large stake in the struggling Tennessee company Community Health Systems. Between early 2016 when Chen first bought shares of the operator of acute care hospitals, and January of this year, the share price plummeted more than 80 per cent, from US$20 a share to below US$4.The Chinese billionaire is betting he can catch outsize returns on his investment in the distressed US health care provider when its share price improves. To make sure that happens, his investment firm stated last March it intended “to engage with (Community’s) management team regarding (its) business and operations and the status of the ongoing turnaround strategy.”This month, Community Health’s shares have staged a 37 per cent recovery, hitting US$5.50 this week. If the turnaround … [Read more...] about Billionaire’s Singapore investment firm takes gamble on distressed US firm, reflecting confidence of Chinese investors