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Between January and May, China's total foreign direct investment in the non-financial sector increased by 38.5% year-on-year to $47 billion 890 million, according to the Ministry of Commerce. Since the beginning of this year, Chinese investors have invested in 2,987 enterprises in 149 countries and regions of the world. Investments in 54 countries, located along the One Belt, One Road, increased by 8.2%. As reported by Xinhua News Agency, the investments were mainly directed to leasing services, business services, manufacturing industry, retail and wholesale trade. According to the Ministry of Commerce of China, over the five months of this year, the number of companies, established in China with the participation of foreign investment, exceeded the same indicator in 2017 by 97.6%.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
Oil prices fell on Monday as a surge in coronavirus cases and the escalating U.S.-China tensions prompted a safe-haven bid. Brent crude slid 0.2%, or 8 cents, at $43.26 per barrel. U.S. West Texas Intermediate crude fell 0.2%, or 7 cents, ...
The dollar was under pressure on Monday as the escalating U.S.-China tensions weighed on the market, while investors worried that the U.S. coronavirus resurgence could stall economic recovery. The dollar fell to a four-month low on the yen ...
Oil prices rose on Friday as the dollar dropped to a near two-year low, but demand worries amid rising coronavirus cases and the worsening U.S.-China tensions capped gains. Brent crude gained 0.4%, or 15 cents, at $43.46 per barrel. U.S. West ...
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