China
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With Fears of a Real Estate Bubble Growing, China Looks to Throttle Back Foreign Investments in Development Projects
By William Patalon III Executive Editor Money Morning/The Money Map Report The United States and Great Britain may not be the only world economies whose growth gets crimped by a runaway housing market. A newly initiated state survey of foreign investment in China's soaring real estate sector has sparked fears of new curbs aimed at [...] -
China Taking 10% Stake in International Fusion Power Program
By William Patalon III Executive Editor Money Morning/The Money Map Report As part of a broad strategy to meet its soaring energy needs, Chinawill take a 10% stake in a multi-billion-dollar international fusion-research project, China Radio International reported. The project, called ITER, is designed to demonstrate both the scientific and technical feasibility of fusion power [...]
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Afghanistan Opens For Business With China
By Jason Simpkins Associate Editor Resource-hungry China has already expanded energy operations in Africa as well as its cooperation with Iran over oil. Having already established a presence in volatile regions where few others dare to tread, China Metallurgical Group Corporation, also known as MCC, is close to finalizing a deal to begin operations in [...]
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Investment Advisors Angle for Chance to Manage China's $200 Billion Sovereign Wealth Fund
From Staff Reports More than 100 money managers around the world have applied for the opportunity to invest part of China's $200 billion sovereign wealth fund, the China Investment Corp. (CIC), a source close to the selection process told Bloomberg. In December, firms were invited to apply for the chance to manage CIC assets via [...]
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China's Economy Is 40% Smaller Than Thought – So What!
By Keith Fitz-Gerald Investment Director In a report that is sure to send shivers down the backs of investors who have been blindly pumping money into China-related investments, the World Bank recently stated that China's economy is 40% smaller than previously thought. The report also suggests that China will not become the world's biggest economy [...]
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New Labor Laws and Strengthening Yuan Could Put the Squeeze on Chinese Exports
By Jason Simpkins Associate Editor China's economy made massive strides in 2007, averaging a quarterly expansion of 11.5%. Critics alleged that stellar growth figures were the product of cheap labor and a severely undervalued currency, which drove a torrent of exports out of the country. But new labor laws and the accelerating value of the [...]
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Chinese Insurance Companies Bulk up on Infrastructure Investments
By Jason Simpkins Associate Editor A group of insurance companies led by Ping An Insurance, China's second-largest life insurer, announced Friday that they would invest more than $2 billion in a high-speed railway running from Shanghai to Beijing, the Financial Times reported. In addition to Ping An, the consortium includes PICC Property and Casualty Co. [...]
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Outlook 2008: Eight Ways to Pocket Profits From China, While Dodging the Biggest Risks
Editor's Note: This is the Second Installment of an Ongoing Series Addressing the Outlook for Investment Opportunities and the Global Economy in 2008. By Don Miller Contributing Writer Think the party's over in China? Think again. The "Next China" is … China. While some naysayers have pegged China as a bubble that's poised to pop [...]
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China Hikes Interest Rates For Sixth Time This Year; Bumps Subsidies to Farmers
By Mike Caggeso Associate Editor For the sixth time this year, China raised interest rates to temper the fastest inflation the country has seen since 1996. Effective tomorrow, the People's Bank of China will raise the benchmark one-year lending rate 18 basis points to 7.47%. The one-year deposit rate will also increase 27 basis points [...]
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Gray Skies Are Going to Clear Up: Profiting From China's Green-Tech Movement
By Jason Simpkins Associate Editor Money isn't the only thing flowing through China right now. Pollution has filled the streets, contaminated the rivers and clouded the skies. Half of China's population – 600 people to 700 million people – drinks water contaminated by human and animal waste. In fact, 1 billion tons of untreated sewage [...]
