The purchase of the Plough at Cadsden in rural Buckinghamshire, the bar where then-prime minister David Cameron and president Xi Jinping toasted on their relationship by the Chinese company SinoFortone shows a change in the typical tourist habits, says Peking university business professor Jeffrey Towson in the China Daily.
Category Archives: London
The trend of China´s rich planning migration to other countries has increased to 60 percent in 2016, according to the latest report by the Hurun Rich list. A weaker currency and fear for a collapsing domestic real estate market are the main reasons, Hurun founder Rupert Hoogewerf tells in the South China Morning Post. The US topped the list, followed by Britain, Canada, Australia and Singapore.
China has been preparing for the fallout of a decision of the Federal Reserve, but find themselves dealing with an unexpected black swan, says financial and political analyst Victor Shih to Bloomberg. The Renminbi might be under pressure.
While the world is trying to get to grips with the fallout of a possible Brexit, very few of the effects for China can be sure, with the exception of the currency trade, says economist Arthur Kroeber to Bloomberg. At this stage, the risks seem fairly limited.
The Hurun Report analyzed eight major trends of Chinese investors into the UK. Its founder, Rupert Hoogewerf focuses on private investments, who dominate China´s outbound investments. Here´s Hoogewerf´s list of leading Chinese companies, for 4Hoteliers.
Chinese firms going abroad might be high on political and economic agenda´s, but their performances on European stock markets has been bad, with the exception perhaps of London, writes financial analyst Sara Hsu at the Diplomat. A short overview.
Author Joel Backaler of “China Goes West: Everything You Need to Know About Chinese Companies Going Global” is visiting Europe this month on an impressive book tour. Shortly, he will visit Dublin, London, Hamburg, Brussels, Amsterdam, 14 events in 8 cities.
Lower barriers to capital accounts, make it easier to trade in China´s currency, the Renminbi. Offshore trading centers expand, at the country builds up it financial leverage. Financial analyst Sara Hsu has a look at the expanding RMB clearance banks in the Diplomat. After Hong Kong, London, Frankfurt and Seoul, Paris and Luxembourg followed.