Vietnam 

Growing Chinese investment in Việt Nam: time to worry? – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Workers at China’s AKA Homewares Company in the southern Long An Province. VNA/VNS Photo Danh Lam   HÀ NỘI – Chinese companies are accelerating investment in Việt Nam – but some local businesses are voicing concerns.   Foreign investment hit a four-year high of US$16.7 billion in the first five months of this year, up 69 per cent compared to the same period in 2018. Chinese investment made up 42.5 per cent of the total according to data released by the Foreign…

Read More
Property 

China takes top spot for private equity property investment in Asia in Q1, while Hong Kong finds itself in dogfight with India

Global private equity funds – the most agile investor in the cross-border real estate world – poured US$5.1 billion into China and Hong Kong property in the first quarter of this year, making the spots the top and third most favoured destinations respectively in Asia, according to Knight Frank.China absorbed US$3.6 billion of private equity capital in the first quarter while Hong Kong took in US$1.53 billion. By comparison, $1.56 billion went to second-placed India and $1.3 billion to Japan,… Source link

Read More
China 

Trade war could cause global recession, Beijing official warns, as US investment growth in China sinks

May’s escalation in trade tensions led to a sharp drop off in the growth of American investment in China, according to data released on Thursday, which highlighted the chilling effect the trade war is having on investor confidence.The data release from the Chinese Ministry of Commerce (Mofcom) showed that US investment in China grew 7.5 per cent between January and May, year on year, a much slower pace than the 24.3 per cent recorded between January and April and also significantly lower than… Source link

Read More
China 

Chinese attendees give US investment conference their collective snub as year-long trade war escalates, spills over to tech

The Chinese delegation to a major conference on foreign investments hosted by the United States government shrank sharply for a second year, as the protracted US-China trade war diminished business appetite amid tightening regulatory scrutiny in both countries on deals.A total of 76 company representatives and government officials from China attended the annual Select USA Investment Summit, down from last year’s 101 delegates and 155 in 2017, according to organisers of the Monday event in… Source link

Read More
Home 

Chinese middle class expects yuan to decline amid trade war, eyes offshore investment to secure wealth

Chinese households expect a weaker yuan amid a tit-for-tat US-China trade war and are increasingly looking at offshore investments to safeguard their wealth against a slowing economy and stuttering stock market at home, according to a survey released on Tuesday.The poll, conducted by market research firm Nielsen for Bank of Communications (Bocom) every two months, found that 26 per cent of 1,830 respondents planned to buy assets denominated in foreign currencies in the coming six months.The… Source link

Read More
Vietnam 

Korean investors eye investment in renewable energy – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Workers install solar panels in the central province of Quảng Ngãi. Korean investors are keen to invest in renewable energy in Việt Nam due to its potential and government incentives. — VNA/VNS Photo Sỹ Thắng HCM CITY — Korean investors are keen to invest in renewable energy due to its potential and the incentives that Việt Nam has offered to foreign investors, an HSBC official has said. Speaking recently with Việt Nam News, Phạm Hồng Hải, CEO of HSBC Việt Nam, said that electricity was one of the most important investments of Korean businesses into…

Read More
China 

Greater Bay Area initiative drives foreign investment in Guangzhou and Shenzhen real estate

Foreign investment in Guangzhou and Shenzhen real estate, two core cities in Beijing’s Greater Bay Area scheme, hit 7.5 billion yuan (US$1.09 billion) in the first quarter of the year, up by nearly half from the 5.2 billion yuan seen in all of 2018. According to the latest report from property consultancy Cushman & Wakefield, foreign investment in the two cities accounted for 33 per cent of the 22.7 billion yuan invested in the two cities in the first quarter. “The GBA initiative has really… Source link

Read More
Global 

Cambodian property proves popular with Chinese buyers as mainland investment drives economic growth

Cambodia’s housing market is on a roll.A thriving job market as a result of the booming economy has boosted demand for housing. This has pushed rental yields to 8 to 10 per cent, and asset appreciation to 15 per cent per year, making the Southeast Asian nation’s property sector an ideal bet for Chinese investors seeking overseas assets as a hedge against yuan devaluation, say market observers.The country’s gross domestic product grew 7.5 per cent and exports surged 17.6 per cent last year,… Source link

Read More
China 

Donald Trump’s trade wars with China, Mexico and Europe sent global investment tumbling, World Bank says

US President Donald Trump’s trade wars with China, Mexico and Europe have sent global investment tumbling, according to a World Bank report that forecasts worldwide growth this year will slip back to levels not seen since 2016.The Washington-based lender to developing world countries said in its half-yearly global health check that spiralling political uncertainty was to blame for a slowdown in trade and a collapse in investment spending that will push down GDP growth to 2.6 per cent this year … Source link

Read More
Home 

Chinese developer happy with 66pc jump in paper value of its investment in The Center, Hong Kong’s most expensive office building

The chairman of Chinese developer Yuzhou Properties is a contented man.Lam Lung-on’s company, which owns a floor of The Center, Hong Kong’s most expensive commercial building, has seen the paper value of his investment grow by 66 per cent in just two years.The value of the 58th floor of the iconic office building in Central, which was sold to a group of investors for HK$40.2 billion (US$5.12 billion) in May 2017, has appreciated to about HK$50,000 (US$6,381) per square foot from about HK$30,000… Source link

Read More