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Britain’s May meets China’s Xi

Britain’s May meets China’s Xi

Chinese President Xi Jinping touted the advantages of his "Belt and Road" mega-plan for trade and infrastructure links across Asia in a meeting Thursday with British Prime Minister Theresa May, whose government has been slow to endorse the initiative. The trillion dollar-plus blueprint is an "open, transparent, inclusive and win-win initiative," Xi told May, according...
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France’s Macron looks to woo China with Airbus jets and … a horse

France's Macron looks to woo China with Airbus jets and … a horse

French President Emmanuel Macron was in China on 9 of January 2018 The three-day state visit was designed to bolster economic and political ties between Beijing and the euro zone's second-largest economy Improving trade and business relations is top of the agenda, with Macron leading a delegation of...
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Record high Chinese investment in Germany in 2017

Record high Chinese investment in Germany in 2017

China invested more than ever before, €11bn, in German companies in 2017, according to a study from consulting firm EY, reported by Sueddeutsche Zeitung. Most transactions involved Hong Kong-based investors who are not affected by strict Chinese capital controls. The European Commission is pondering wether to set up a screening mechanism...
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Chinese direct investment into UK doubles in 2017

Chinese direct investment into UK doubles in 2017

Chinese foreign direct investment into the United Kingdom more than doubled in one year – from $9.2 billion in 2016 to $20.8 billion in 2017 – despite uncertainty surrounding Britain's pending exit from the European Union. The figures, which were put together by law firm Baker McKenzie and research consultancy Rhodium Group,...
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Chinese investment in France reached 1 billion dollars in 2017

Chinese investment in France reached 1 billion dollars in 2017

Chinese investors prefer Europe to North America. This is the conclusion of the new edition of the “China Foreign Direct Investment” report drawn up by the international business law firm, Baker McKenzie, in collaboration with Rhodium Group. This study estimates that Chinese FDI activity on these two markets in...
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China’s new high-speed train debuts on Beijing-Shanghai route

China's new high-speed train debuts on Beijing-Shanghai route

BEIJING, June 26 (Xinhua) -- China's next generation bullet train "Fuxing" debuted on the Beijing-Shanghai line on Monday. A CR400AF model departed Beijing South Railway Station at 11:05 a.m. for Shanghai. At the same time, the CR400BF model left Shanghai Hongqiao Railway Station for Beijing. The new bullet trains, also known as electric...
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People carry no cash in China

People carry no cash in China

About 14 percent people don't carry any cash when they go out, as mobile payments replace wallets in China, French market research firm Ipsos reported Tuesday. Another 26 percent consumers carry less than 100 yuan and about 74 percent said they can survive for over one month with only 100 yuan cash in their...
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Note on Chinese Tourists Spending Abroad

Summary Media and information outlets often do a simple division in which the total yearly 'travel' expenses of China is divided by the total Chinese outbound tourists, resulting apparently in the expenses per Chinese tourist. The Fig 1 also seems to be supporting such assertion. The problem arises when analysing in detail the breakdown of items under the heading 'travel'. We...
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INDUSTRIAL INTERVENTIONS in China

INDUSTRIAL INTERVENTIONS in China

The various FYPs list a multitude of economic goals that China wants to achieve (see Chapter 4). In order to achieve these goals, the government uses a broad range of support measures which include tax incentives, granting of licenses, regulatory approvals, funding and subsidisation. These support measures are deployed to achieve the supply of various raw materials,...
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