FOREIGN DIRECT INVESTMENT

By Thomson Reuters   SHANGHAI (Reuters) - Amundi, Europe's largest asset manager, launched a wealth management venture in Shanghai on Wednesday and plans to set up an outbound investment business in Beijing as China opens its doors wider to global asset managers.   The French company, which already owns a mutual fund venture in China, is capitalizing on a new round of financial opening by Beijing that also galvanized other global asset managers such as BlackRock.   "You don't have a single market in the world where you see global asset managers are positioning themselves so proactively, and so resourcefully," said...

FOREIGN DIRECT INVESTMENT OUTBOUND INVESTMENT HIGHLIGHTS 2020

Cyprus, an EU member state, combines tax efficient features of a modern financial centre with the requisite infrastructure for the fund’s industry. It offers the full spectrum of legislative framework to all fund products (UCITS and non UCITS) and provides fund managers to structure as Alternative Investment Fund Managers in line with the relevant EU Directive or a MiFID compliant Investment Firm, both EU passported. Cyprus costs are on the low side, it is efficient and its investor friendly government authorities with minimum bureaucracy. It has a platform of experienced lawyers, accountants, custodians, fund administrators and fund managers. It has...

FUNDS & FUNDS SERVICES REPORTS 2019

Country:                               Dubai Region:                                 UAE - Middle East (EMEA) Currency:                              Dirham (AED) (DH) Languages:                           Arabic, English Time Zone:                            UTC +4 Phone Code:                          +9714 Communications:                  Good  Formation Cost:                    8000 - 14000...

FOREIGN DIRECT INVESTMENT OVERVIEW - EXECUTIVE SUMMARY 2018

Inheriting the historical symbol of the ancient Silk Road and following the principle of peace and development, China’s Belt and Road Initiative intends to actively establish economic partnerships with countries along the designated “Belt and Road” regions. It also intendsto jointly build a community of shared interests, shared futures and responsibility, featuring mutual political trust, economic integration and cultural inclusiveness. Encompassing over 60% of the global population, it will not only create new opportunities for the sustainable development of China’s economy, but also, more importantly, will change the political, economic and military landscape of the world. Over the past few...

CORPORATE & FIDUCIARY EXPERT INSIGHTS 2019

Zimbabwean President Emmerson Mnangagwa urged Chinese investors to invest in Zimbabwe's tourism sector and help turn the southern African country into a competitive tourist destination. He made the remarks on the occasion where a visiting delegation from China's Zhejiang Province and the Zimbabwean government officials and business leaders witnessed the signing of a twinning arrangement between Zimbabwe's Chinhoyi City and China's Dongyang City. He said Zimbabwe possesses vast tourism opportunities which if fully harnessed, could help the country in its quest to become an upper middle income economy by 2030. It emerged at the meeting that Zimbabwe had set aside...

FOREIGN DIRECT INVESTMENT OUTBOUND INVESTMENT HIGHLIGHTS 2019

Chinese buyer enquiries for residential property in Australia has recorded two consecutive quarters of year-on-year growth for the first time since 2016, with Melbourne still the most popularAustralian city. Australia has been losing Chinese buyer interest to other parts of the world due to increased taxes and banking restrictions. But Australia's hefty state foreign buyer taxes have been counterbalanced by its weakening dollar according to the latest Juwai.com report, which has seen it drop around 11 per cent of its value against the Chinese Yuan since mid-2018. Juwai.com CEO Carrie Law says she expects Chinese buying to remain flat in 2019, with forecasts it could...

FOREIGN DIRECT INVESTMENT OUTBOUND INVESTMENT HIGHLIGHTS 2019

Bangladeshi Prime Minister Sheikh Hasina’s recent visit to China saw the two countries sign nine instruments — these included five agreements, three memorandums of understanding (MoUs) and a document — covering a range of sectors including power, investment, culture, tourism, and technology. Important among these is a Letter of Exchange under which China will provide Bangladesh with 2,500 metric tons of rice as aid for Rohingya refugees and two agreements that relate to China’s extension of loans worth $1.7 billion for Bangladesh’s power sector. During Hasina’s visit, Beijing also assured Dhaka that it would better align its projects under the Belt and Road Initiative (BRI) with...

FOREIGN DIRECT INVESTMENT OUTBOUND INVESTMENT HIGHLIGHTS 2019