Foreign investment


Australia blocks Chinese SOE from buying building contractor

Australia blocks Chinese SOE from buying building contractor

(ATF) The Australian government has blocked a $230 million takeover offer by a Chinese state-owned company for a local building contractor, the target's South African parent announced, in a move likely to cool relations between Canberra and Beijing. The refusal to allow the acquisition is the first since tough new …

Continue reading

In the race for foreign investment, can India gain from China’s loss?

In the race for foreign investment, can India gain from China’s loss?

(ATF) Global value chains are expected to diversify away from China in the aftermath of the Covid-19 pandemic and the US-China trade war and India is hoping to position itself as an alternative manufacturing destination and unleash a wave of economic growth.It is inevitable that global investors will undertake a …

Continue reading

China sets up new cargo shipping link to ASEAN

China sets up new cargo shipping link to ASEAN

(ATF) As China’s top officials attend the 5th Plenum party meetings, official sources are releasing highly positive and optimistic figures on the economy. As the figures are compiled by the state they are hard to verify, and should be viewed as just general indicators.CCTV, the key state media outlet, broadcast …

Continue reading