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Archive for 'China'

Chinese Capital Flight or Global Investments?

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As reported in the August 14th issue of the Wall Street Journal, China’s banks were net sellers of 3.8 billion yuan ($597 million) in foreign exchange in July 2012. For the past 10 months, a growing number of Chinese  high-net worth individuals and companies are moving their assets abroad. According to that journal, China’s exporters are not converting their dollar earnings into yuan, but rather taking funds out of the country. Many of these Chinese investors are seeking more stable, ...

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China and Latin America Agressive For Business

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Beijing Eastern International Logistics Chairman Zhu and Eugenio Cano

According to official accounts, more than 400 Chinese business leaders and government officials, and representatives of 600 Latin American businesses congregated in Lima, Peru from November 21 to 23 for the 5th China-Latin America Business Summit. President Ollanta Moisés Humala Tasso of Peru inaugurated the summit ...

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Hong Kong and Chile to begin Trade Talks

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The growing importance of China and its outflow of investment capital through Hong Kong has prompted that city to begin trade negotiations with sovereign countries. First in line in the Americas is Chile. What makes this development interesting is that countries, and not cities negotiate bilateral investment agreements. According to a recent article from the South China Morning Post, the deal will be discussed during a meeting between Chief Executive Donald Tsang Yam-kuen and Chilean President Sebastian Pinera at next month’s Asia-Pacific ...

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Foxconn continues negotiations with Brazil to manufacture iPad

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Taiwan-based Foxconn, a subsidiary of  Hon Hai Precision, continues negotiations with Brazilian government to establish a iPad manufacturing plant in Brazil. Concerns have arisen due to the tax benefits offered in that country. In addition, this is likely to be a capital intensive investment given that Hon Hai has experienced several suicides among its workforce in China.

To read more: http://blogs.ft.com/beyond-brics/2011/10/14/brazil-foxconn-singing-the-same-itune/?ftcamp=traffic/email/content/booster//memmkt#axzz1bzSGkC7e

To read more: http://www.businessweek.com/managing/content/jun2010/ca2010064_421902.htm

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Maximizing Benefit from Chinese FDI in the US

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A new article published in the Vale Columbia Center on Sustainable International Investment notes that direct investment expenditures by Chinese firms in the United States has grown by more than 130% a year over the past two years. As the trend continues, the authors warn policymakers to guard against protectionism and defend investment openness.

To read more: http://www.vcc.columbia.edu/content/chinese-fdi-united-states-taking-how-maximize-its-benefits

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Puerto Rico Sets Sights on Asian Investment

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The Secretary of Economic Development and Commerce of Puerto Rico, José Pérez-Riera explains the island outreach and promotion activities to attract investments from China, South Korea, Japan, Taiwan and Singapore .

Read More from Caribbean Business Article published August 16, 2011:  http://www.caribbeanbusinesspr.com/news03.php?nt_id=60815&ct_id=1

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Puerto Rico Realiza una Campana de Acercamiento a China y Asia

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