Chinese regulators, including China Securities Regulatory Commission Vice Chairman Fang Xinghai, met with global investors on Friday, in an effort to enhance market confidence amidst signs of economic stagnation in the country. This move follows recent expressions of strong support for private tech enterprises by President Xi Jinping’s administration. The
China’s renminbi (RMB) has been growing in prominence, specifically in the country’s own cross-border transactions, marking a significant shift in global finance. However, its usage on a global scale remains limited compared to the size of China’s GDP and influence in trade. According to China’s State Administration of Foreign Exchange
• CSRC to implement reductions in funds’ trading commissions during the current year. • These measures come in response to a significant decline in fund launches amid the ongoing market downturn. Source: Bloomberg
India has emerged as the third-largest recipient of foreign direct investment (FDI) from the United States (US) between 2015 and 2020, experiencing a 20% increase in new investments. In contrast, FDI from the US to China decreased by 40% between 2020 and 2022 compared to the previous five-year period. According
BEIJING, March 5 (Xinhua) — Over the past five years, China remained committed to opening up wider to the world and expanded international economic and trade cooperation to deliver mutually beneficial outcomes, said a government work report. In response to changes in the external environment, China pursued a more proactive
Pearl Liu China’s top regulators unveiled more than two dozen measures to boost cross-border investment as they further opened up the Hengqin and Qianhai economic zones in the Greater Bay Area. The People’s Bank of China (PBOC) along with the China Banking and Insurance Regulatory Commission, the China Securities Regulatory
By LIU ZHIHUA and ZHONG NAN China’s foreign direct investment inflows are expected to hit a new record in 2023 and will probably rank first in the world, experts said on Wednesday. This is because the country’s FDI surge against headwinds last year has indicated foreign investors’ strong confidence in
U.S. and European investors’ holdings of assets controlled by Chinese companies but issued offshore are worth nearly three times as much as direct investments in companies registered in China. By Tom Hancock & Spe Chen U.S. and European investment into mainland China has largely been channeled through offshore vehicles set
Translated and adapted by Christian Nesheim, who is alone responsible for the below content. The original version is available on our WeChat channel. After an encouraging second quarter of 2022, the Chinese investment migration market – and the agencies catering to it – are rapidly “recovering” and, judging by present
by Shirley Ze Yu Conditioning G7 infrastructure financing on democracy will create a supersized China that is more empowered in the developing world. The G7 economies offered an unprecedented $600 billion infrastructure pledge—the first attempt to form a developing world “Marshall Plan” in the post-colonial era—at the G7 Summit last week.
