Chinese companies plan to invest around $600m building a meat farming hub in Kazakhstan, Azernews reports. Kazakhstan’s agriculture minister Aidarbek Saparov reached the agreement with executives from Chinese companies CITIC Construction…
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Hindi-Chini, buy-buy? Economic Survey makes a case for FDI from China despite ban
In its annual Economic Survey report released on Monday, the office of the chief economic adviser outlined two paths for India: increasing imports from China or attracting more foreign direct…
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China fails to deliver bold moves to reassure foreign investors
The Chinese Communist Party on Thursday put forward an economic agenda that claims to address risks posed by the slumping real estate sector, yet likely falls short of allaying concerns…
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Shanghai Sets Up Three Large FOF to Invest in AI, Biomedicine, IC
by Jaylon Changby Jaylon ChangShanghai has formed three fund of funds to invest in the eastern Chinese city’s forerunner industries: artificial intelligence, biomedicine, and integrated circuits. The three FOF, with a total initial capital…
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China looks inward for technology, investment and know-how
by Jaiden Wallsby Jaiden WallsThird plenum heralds major policy shift China’s delayed 2024 third plenum yielded a communique long on intentions and commitments but short on specifics. It listed ‘modernisation of the tax system’ without explicitly…
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Pentagon Arctic report calls for more investment in sensors, equipment to keep up with Russia, China
by Michael Loweby Michael LoweThe U.S. Defense Department must invest more to upgrade sensors, communications and space-based technologies in the Arctic to keep pace with China and Russia who are increasingly operating there, including…
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China increased support for the economy with surprise interest rate cuts, seeking to prop up growth after a lack of short-term stimulus from a major Communist Party meeting disappointed investors.…
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China’s direct investment in Kenya drops sharply
by Julien Rayby Julien RayA report by Kenya’s National Bureau of Statistics shows a significant drop in direct investment from China. The report says Beijing’s investments in Kenya fell by more than a third…
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China investment in Cambodia reaches $1.3bn
by Kane Guzmanby Kane GuzmanChina has invested $1.3 billion in Cambodia in the first half of this year, accounting for 42% of the total investment capital in the country. The figures were released by…
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BlackRock Hit with ‘Cease and Desist’ Order Over False and Misleading ESG Statements to Investors
BlackRock, the world’s largest asset manager, has been hit with a first-of-its-kind “Cease and Desist Order” and threat of massive fines, regarding its alleged false and misleading statements to investors…