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FOREIGN DIRECT INVESTMENT

China Willing to Invest $80 Billion in Iran’s Mining Sector

China is willing to invest a total of $400 billion in Iran’s economic sectors as part of its 25-Year Cooperation Agreement, some $80 billion of which are to be in the mining sector, the head of Mines and Mineral Industries Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture said. “The significance of this amount becomes even more prominent when we take into account that over the last 95 years and since the reign of Reza Shah [the first Pahlavi monarch] up until now, investments made in Iran’s mines and mineral industries did not exceed $50 billion,” Bahram Shakouri...
中文

China’s Epic Battle With Capital Flows Is More Intense Than Ever

By Sofia Horta e Costa and Enda Curran   In 2020, China’s efforts to lure foreign funds into its borders finally paid off. Investors from New York to London clamored for its stocks and bonds, cementing the nation’s position on the global stage.   Against the wreckage of the global economy and with unprecedented stimulus unleashed by central banks, China’s resilience to the coronavirus and its higher-yielding assets looked attractive. The result was a 62% increase in overseas holdings of local stocks from a year earlier to 3.4 trillion yuan ($520 billion), a 47% fillip for the bond market to 3.3 trillion yuan,...