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Vietnam Secures $10.86B in FDI in First 5 Months

Vietnam has recorded an impressive influx of foreign direct investment (FDI) in the initial five months of this year, totaling around $10.86 billion. The country's favorable business environment, robust economic growth, and strategic sectors such as manufacturing, high-tech, services, and renewable energy have contributed to its appeal as an attractive investment destination. With ongoing efforts to streamline procedures and enhance infrastructure, Vietnam is poised to sustain its positive FDI momentum and foster long-term development. Source:Vietnam Plus
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FDI round-up: China growth stalls, Middle East set for FDI boost, Bank of England flags ‘Truss effect

Ellesheva Kissin China’s gross domestic product (GDP) expanded by just 3% in 2022, a level well below the official target of 5.5% and one of the slowest growth rates recorded in almost half a century. The data published on January 17 by China’s National Bureau of Statistics shows how strict Covid-19 policies have weighed on Asia’s largest economy. The growth rate of 3% in 2022 was the lowest level — excluding the first year of the Covid-19 pandemic — since China began to reform its economy in 1978. Demographic data showed that China’s population declined for the first time in...
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Country's FDI inflows expected to achieve record high

By LIU ZHIHUA and ZHONG NAN China's foreign direct investment inflows are expected to hit a new record in 2023 and will probably rank first in the world, experts said on Wednesday. This is because the country's FDI surge against headwinds last year has indicated foreign investors' strong confidence in the Chinese economy, while the government's ramped-up policy efforts are expected to boost economic recovery and expand FDI inflows into key industries, inland regions and major projects, they said. Their comments came as the Ministry of Commerce said the country's FDI in actual use hit more than 1.23 trillion yuan...
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Govt hopeful of rise in FDI inflows in coming months

Govt hopeful of rise in FDI inflows in coming months   Synopsis FDI equity inflows fell nearly a quarter to $10.3 billion in the quarter to September 2022 from $13.6 billion a year earlier. In the first half of this financial year, FDI equity inflows shrank 14% to $26.91 billion from $31.5 billion a year earlier, while total inflows were 8.8% lower at $39.09 billion in the April-September period from $42.86 billion a year ago.   The government is hopeful of an increase in foreign direct investment (FDI) inflows in the coming months despite global headwinds, a senior official of...
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The effect of investing in foreign countries to pay lower taxes on economic productivity

  by Strategic Management SocietyAn increasingly connected world and a strong digital economy have made it easier for multinational companies to have investments in multiple countries. This investment, where the company buys a controlling stake in a foreign company, is known as foreign direct investment. Making multiple foreign direct investments in countries with favorable tax policies, also known as tax havens, is a common strategy used by multinational companies to pay lower taxes and increase profits. But this strategy is commonly believed to have negative effects on the economic productivity of the home country (where the company is based) and...
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Mzt Aerospace Park in Mazatlan will be a benchmark in the industry

MAZATLAN, SIN – The construction of the Mzt Aerospace Park in Mazatlan, Sinaloa, aims to be the new research and development hub for the aerospace industry in Mexico.   This project has a feature that will make it more attractive, which will have its own airstrip to test experimental aircraft, as well as to provide maintenance to the aircraft through an MRO.   Lino Suárez Guzmán, Mexican entrepreneur and partner of Singular Aircraft, stated that the park was created to promote and develop the aerospace industry. The construction project of the Mzt Aerospace Park consists of two stages, the first...
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The G7’s Infrastructure Plan Leaves the Developing World to China

by Shirley Ze YuConditioning G7 infrastructure financing on democracy will create a supersized China that is more empowered in the developing world. The G7 economies offered an unprecedented $600 billion infrastructure pledge—the first attempt to form a developing world “Marshall Plan” in the post-colonial era—at the G7 Summit last week. Given the $15 Trillion global infrastructure financing deficit before 2040, the G7’s commitment is encouraging, albeit meager. The plan was conceived by the world’s largest democracies to outcompete China in owning twenty-first-century global infrastructure. However, even worse than failing to outcompete China would be leaving much of the developing world to China.Infrastructure...
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What Belt & Road Slowdown? China Tops Global Outbound Investment And Inbound Investment Rankings And Just Liberalized Hong Kong’s Financial Services Industry

By Chris Devonshire-EllisForeign direct investment and China's outbound investment have hit record levels.      Western media often takes aim at China’s Belt and Road Initiative, which has to be one of the inaccurately reported of all China’s State Initiatives. Readers themselves will be familiar with discussions of ‘slowdowns’, ‘disruptions’, ‘debt traps’, and all manner of problems. It is a similar story of China's domestic slowdowns, with a strict Covid policy attracting all sorts of negative attention amongst stories of ex-pats leaving China and Hong Kong ‘in droves’.While the latter to some extent is partially true, it is also understandable. Strict lockdown regulations...