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German state seeks Chinese capital

Business | Foreign investment
2009-11-20

NORTH Rhine-Westphalia, Germany's richest state which houses several business giants, including Bayer, Bertelsmann and Deutsche Telekom, extended a red carpet to Chinese investments yesterday. "The Chinese market...

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FDI in China keeps climbing

Business | Foreign investment
2009-11-17

FOREIGN direct investments in China posted a third consecutive monthly increase when they rose 5.7 percent in October from a year ago, riding on a recovering domestic economy, the Ministry of Commerce said yesterday. ...

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EU firms remain committed to China

Business | Foreign investment
2009-10-30

EUROPEAN companies are confident of China's economic outlook and won't withdraw or reduce their investment in the country because of the global financial crisis, said Joerg Wuttke, president of the European Union...

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Outbound investments climb

Business | Foreign investment
2009-10-28

OUTBOUND investments by Chinese firms rose 0.5 percent in January through September compared with a year earlier, helped by a near tripling in outflows in the third quarter alone, the Ministry of Commerce said yesterday. ...

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CIC buysstake in Canadian mine firm

Business | Foreign investment
2009-10-28

CHINA Investment Corp has agreed to invest US$500 million in a Mongolian-focused Canadian-listed coal company. CIC said it will make the investment in the form of a secured, convertible debenture issued by SouthGobi...

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Guernsey keen to ink MOU

Business | Foreign investment
2009-10-26

GUERNSEY island launched its representative office in Shanghai yesterday and is prepared to sign a memorandum of understanding with the city's government to enhance cooperation between the two sides. "The MOU...

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Investment rise adds to signs of resurgence

Business | Foreign investment
2009-10-16

FOREIGN investment in China rose in September for the second straight month - fresh evidence that overseas investors are betting on the country's economic recovery. Foreign direct investment expanded 18.9 percent...

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KKR-led body helps firm grow business

Business | Foreign investment
2009-10-15

AN investor consortium led by United States buyout giant Kohlberg Kravis Roberts & Co announced yesterday that it poured a combined US$160 million into a Chinese financial leasing firm to help it expand business. ...

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Overseas Share Limit Raised

Business | Foreign investment
2009-10-12

CHINA has raised the limit on purchases of local shares by overseas investors by 25 percent to US$1 billion, the government said. The quota for share purchases by designated Qualified Foreign Institutional Investors...

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Taiwan to lift flat-panel ban

Business | Foreign investment
2009-9-30

TAIWAN plans to allow its flat panel makers and chip companies to invest in the Chinese mainland to help them secure the mainland market, an island official in charge of the economy has said. With a huge television...

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China Investment Corp CIC pours US$2b into US funds

Business | Foreign investment
2009-9-30

CHINA Investment Corp, the US$200 billion sovereign fund, is set to pour a total of US$2 billion into three United States distressed asset-focused funds, including one managed by Goldman Sachs, sources said yesterday. ...

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Investment Dar suspends claims

Business | Foreign investment
2009-9-28

THE Kuwaiti Islamic investment firm that owns half of British luxury car marker Aston Martin said yesterday it has agreed with its lenders to suspend their claims while it looks to restructure its debt. The Investment...

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CIC ramps up position in commodities

Business | Foreign investment
2009-9-25

CHINA Investment Corp has bought US$1.9 billion of debt from Indonesia's PT Bumi Resources to ramp up its position in the commodities sector. Bumi said it will use the funds for debt restructuring and capital spending....

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Wealth fund eyes Noble shares

Business | Foreign investment
2009-9-23

THE China Investment Corporation, China's sovereign wealth fund, is in negotiations with the Noble Group to acquire shares of the Hong Kong-based commodities trader, sources with CIC said yesterday. "The deal...

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Firms warned about takeovers

Business | Foreign investment
2009-9-19

COMPANIES prowling overseas for investment bargains should first take a long, hard look in the mirror, according to participants at a trade conference in Beijing. Risk often starts when a company misjudges its...