Finance

With the release of the  2018 Tou Ying Tracker, Grant Thornton gives an overview of Chinese investment in the UK over the last year, highlighting key sectors and providing a snapshot of trade relations.   Chinese business is flourishing In spite of the uncertainty surrounding Brexit and other international tensions, Chinese investment in the UK, particularly in certain key sectors, is on the increase. In 2018, the largest 750 companies …

Wayne Shiong, Partner at China Growth Capital, explains why he is boldly investing where few have gone before… in the commercial space industry The space industry carries humankind’s dreams of going into space and the mission to explore the resources it contains. On 3 Jan 2019, China made space history by becoming the first country to successfully land a robotic spacecraft, named Chang’e-4, on the far side of the Moon. …

Fapiao accounting could be limiting your business growth, writes Valur Blomsterberg In China, fapiaos (the official receipts that are issued and received for goods or services provided) are the most important document for tax reporting. They are the gold standard for a business’s taxable income – and for this reason, many accountants do their bookkeeping based solely on fapiaos. This method of accounting does not require the accountant to do …

Danae Kyriakopoulou assesses China’s shifting role as a Global Public Investor Chinese public investors – central banks, sovereign funds and public pension funds – increased their assets by $145bn during 2017, according to the Official Monetary and Financial Institutions Forum’s (OMFIF) Global Public Investor (GPI) 2018 report. The report tracks the assets under management of 750 such institutions from 174 countries that collectively hold $36.2 trillion of assets, equivalent to …

How on earth can we keep up with global trade policies when they are shifting so rapidly. China may have worked it out, writes Tom Pattinson It’s pretty challenging to keep up to speed with the current pace of President’s Trump’s trade talks. His penchant for late night tweets, often shifting major trade policies at the stroke of a few keys, has kept not just commentators and journalists on their …

Andrew Collier is the managing director of Orient Capital Research and the former President of the Bank of China International USA. Here he explains the US-China trade war and what it might mean for the UK The first glimmers of a trade war between the US and China started with a June 2016 campaign speech by President Donald Trump in Monessen, Pennsylvania. An improvement in trade “means reversing two of …

China is fast becoming the world’s first cashless country and mobile payments have become even in the more remote corners of the country, writes Gabrielle Jaffe  Over a millennium ago, China became one of the first countries to develop a paper currency. It’s ironic then that it might become the first to go cashless. Spend a day in Beijing or Shanghai and the extent to which digital payment has taken …

The increasing power of China’s economy and its growing demand for oil could well lead to a shift from the petrodollar to the petroyuan, writes Tom Pattinson Back in 1973, the then US president, Richard Nixon, brokered a deal with Saudi King Faisal bin Abdulaziz Al Saud. In that deal, it was agreed that all Saudi oil would be sold in US dollars, and in exchange, the USA would sell …

Lying across the Shandong Peninsula, Qingdao looks out over the Yellow Sea to Korea and Japan. Situated halfway between Beijing and Shanghai, it is just an hour flight to these main hubs. Situated on China’s east coast, Qingdao is the largest city in Shandong province. Although it is not the provincial capital (which is neighbouring Jinan) it is administered at the sub-provincial level, and it has jurisdiction over six districts …

CISI’s launch in China this month is testament to the hard work of CBBC and a patient, strategic market entry, writes Tom Pattinson Stepping for the first time into the China market is not easy. A false start can lead to years of costly mistakes and even full withdrawal from the country. But with strategic planning, effective networking and trust-building, companies can make a successful entry, as seen in a …