Australian Treasurer Wayne Swan said on Wednesday Chinese investment has a role to play in the Australian economy.
The Australian government welcomed foreign investment and did not discriminate in terms of the source country, Swan told the Skynews.
Tags: foreign-investment, investment
ICBC Credit Suisse Asset Management Co., manager of a $443 million fund for Chinese investors, said it may buy government bonds as global equities slump, and would favor European debt over U.S. Treasuries.
Treasury yields are “not attractive”given the Chinese yuan is forecast to rise 8 percent against the dollar in the next year, Hao said. [...]
China remains a hot spot for foreign investment despite the slower world economic growth. As evidence, the ongoing 12th Investment and Trade Forum for Cooperation between East and West China has attracted more than 4,000 investors from over 56 countries and regions.
On Tuesday, Lemna Corporation, the world’s leading environmental protection facility provider, announced the opening [...]
Industrial experts have called on the government to establish a large industry fund to encourage mineral enterprises to acquire more resources so as to cut mineral import reliance.
Zhou Zhongshu, president of China Minmetals Corporation, said that to set up a large industry fund can draw relatively abundant sate and private capital, which will meet domestic [...]
Citic Securities Co, China’s largest brokerage by earnings said late Sunday it was unsure about whether it will finally buy into U.S. investment bank Bear Stearns Cos after Bear’s financial crisis triggered a bailout plan.
“We haven’t signed any formal agreement, we haven’t paid any money and we can’t guarantee reaching a final agreement in the [...]
Bank of China, the second-largest bank in the country, is one of the three short-listed bidders to buy Temasek Holdings Pte Ltd’s stake in Indonesia’s sixth-largest bank, sources reported.
The Singaporean state-owned investment company, which holds the stake through its 75% ownership in Sorak Financial Holding Ltd, which owns a 55.85% stake in the Indonesian lender, [...]
