Latest News for: Shanghai foreign investment

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Broadcom CEO Hock Tan seals delayed $69BN deal with China days after attending $40,000-a-head dinner...

The Daily Mail 28 Nov 2023
But Broadcom executives extended the deal deadline after getting indications that it wouldn’t be a simple business decision and that China’s Foreign Ministry would have a say as well ... During their meeting, Tan mentioned the Broadcom-VMware deal and Wang simply responded that Beijing continued to welcome foreign investment, the sources said.
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Chinese firms set for best earnings growth in seven years in 2024

Reuters 28 Nov 2023
"China’s post-COVID economic recovery has been fragile, but the problems are mainly cyclical," said Minyue Liu, investment specialist for Asia and Greater China equities at BNP Paribas Asset Management ... The Shanghai Composite index (.SSEC) is down about 2% this year.
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Foreign investors eye opportunities in China's financial opening-up

Xinhua 10 Nov 2023
10, 2023 shows a view of Lujiazui area in the China (Shanghai) Pilot Free Trade Zone in east China's Shanghai.(Xinhua/Fang Zhe) ... 10 (Xinhua) -- Foreign-invested financial institutions are fixing their gaze on the Chinese market as its dedication to promoting opening-up in the financial sector brings unmissable opportunities.
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China retains strong appeal for foreign banks amid high-standard opening up

People Daily 10 Nov 2023
9 (Xinhua) -- China's opening up of its financial sector with greater depth will bring more opportunities for foreign institutions and encourage them to invest in the country, according to government officials ... Not just Kasikornbank (China), but many foreign financial institutions have been increasing their investment in China.
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(CIIE) Executive Opinion: Growing up with China is a rewarding journey

China.dot.org 10 Nov 2023
As a committed full-attendance foreign firm for the CIIE, the LEGO Group has participated in the landmark import expo for six consecutive years ... The LEGO Group has invested in establishing a digital office in Shanghai to push our digital transformation and the integration of online and offline businesses.
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Economic Watch: China retains strong appeal for foreign banks amid high-standard opening up

China.dot.org 09 Nov 2023
9 (Xinhua) -- China's opening up of its financial sector with greater depth will bring more opportunities for foreign institutions and encourage them to invest in the country, according to government officials ... Not just Kasikornbank (China), but many foreign financial institutions have been increasing their investment in China.
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China's first deficit in foreign investment signals West's 'de-risking' pressure

Reuters 06 Nov 2023
SHANGHAI, Nov 6 (Reuters) - China recorded its first-ever quarterly deficit in foreign direct investment (FDI), according to balance of payments data, underscoring Beijing's challenge in wooing overseas companies in the wake of a "de-risking" move by Western governments ... Reporting by Shanghai newsroom Editing by Shri Navaratnam.
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World Insights: China's import expo boosts global companies' business expansion, investment confidence in Chinese market

Xinhua 05 Nov 2023
A vast majority of foreign-funded companies operating in China are optimistic about their development in the country, with over 90 percent of the respondents expecting their return on investment to increase or remain flat in the next five years, revealed a recent survey by the China Council for the Promotion of International Trade.
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China's import expo boosts global companies' business expansion, investment confidence in Chinese market

People Daily 05 Nov 2023
A vast majority of foreign-funded companies operating in China are optimistic about their development in the country, with over 90 percent of the respondents expecting their return on investment to increase or remain flat in the next five years, revealed a recent survey by the China Council for the Promotion of International Trade.
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WPP Executive Dismissal Amid China’s Tightening Business Scrutiny

Beijing Times 30 Oct 2023
According to information sourced from Reuters last Saturday, this executive was one among four individuals affiliated with GroupM who were summoned by Shanghai’s authorities ... Larger Implications for Foreign Businesses in China ... Rising Tensions for Foreign Businesses in ChinaScreening Outbound Investments.
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Li Keqiang: China’s charismatic, truth-telling former premier mourned, as deep reforms and ‘Likonomics’ hang in ...

South China Morning Post 27 Oct 2023
Li Keqiang, who pushed for the private economy, foreign investment and simplified government procedures during his 10 years as premier, died in Shanghai on Friday morning at the age of 68 ... .
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Shanghai shows all it has to offer at NYC event

China Daily 20 Oct 2023
Shanghai was in the spotlight as the cooperation potential between the city and foreign investment enterprises was promoted at an event in New York City on Wednesday. The "Open Innovation Win-Win Cooperation" Global Roadshow-Invest Shanghai series of events took place at Rockefeller Center in Midtown Manhattan.
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Global participants excited about new biz opportunities at upcoming CIIE

China Daily 19 Oct 2023
... (CIIE) was held on Wednesday in Shanghai. Representatives from consulates general of foreign countries in Shanghai, global firms, investment promotion agencies, and chambers of commerce who attended the event are excited about the business opportunities to be offered at the CIIE.
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Ten years on, Shanghai free trade zone becomes pacesetters of opening-up

People Daily 17 Oct 2023
Aligned with international economic and trade practices, the Shanghai FTZ introduced a negative list for foreign investment upon its establishment. Market access for foreign investment has transitioned from a review-based system to a filing-based one ... The total amount of foreign investment reached $58.6 billion.
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Shanghai eyes glory in gene therapy biz

China Daily 17 Oct 2023
Shanghai's municipal government said on Monday it aims to promote gene therapy in a big way ... It is one of the four action plans unveiled at the opening ceremony of the five-day International Biopharma Industry Week Shanghai 2023 that opened on Monday ... Both foreign investment and the local private economy in biomedicine are growing in Shanghai.

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