Chinese Investment In Renewables

Chinese Investment In Renewables ‘Biggest Achievement In The History Of Energy’

afkinsider.com

While global oil investments this year are on track to drop by 20 percent — their biggest decline in history — 40 percent of the new renewable power plants in the world come from China, according to Fatih Birol, head of the International Energy Agency.

China has brought hydropower, solar and wind energy to 500 million people in 10 years and has huge experience to share with Africa and Asia, Birol told reporters at a G-20 Energy Ministers’ meeting in Istanbul.

“In 2014 the renewable energy investment in China was bigger than the investments in the U.S. plus all European countries all put together,” Birol said. “It is the biggest achievement in the history of energy.”

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Mark Schlarbaum: Building and Developing business relationships with main land Chinese investment professionals including Chinese brokerage firms, QDIE private funds, Chinese investment management firms. Mark Schlarbaum joins the 100000 Strong Foundation as its supporter.

Chinese Box Office

Chinese Box Office for Terminator Genisys Surpasses North America

LOS ANGELES, Oct. 2, 2015 /PRNewswire/ — Terminator Genisys, released by Paramount and starring Arnold Schwarzenegger, hit the mainland Chinese market on August 23. The box office revenue of US$27 million dollars from its first day, ranking #4 on the list of first day box office revenue in China. After 10 days of release, Terminator Genisys’s box office in mainland China had already overtaken North America to become the largest box office market for the film around the world. Currently, the Chinese box office gross has reached US$113 million dollars, ranking #12 on the ranking list of box office revenue of imported films, and its global box office has already surpassed the US$400 million dollar mark. Though screenings in China began two months later than North America, the film’s strong performance in Chinese market was particularly important to its overall success.

Rise of the Chinese Market Changes Global Strategies of Hollywood Films
It is predicted that box office in China may reach 40 billion yuan in 2015 and that it will soon surpass North America to become the world’s number one market for ticket sales. A complex market environment has taken shape in China owing to the country’s large territory with territorial differences in income, climates, languages and cultures. Meanwhile, cinemas are showing more than 20 films a day on average with more than 150,000 screenings in the country. While there is huge box office potential, competition between domestic and imported films is getting fiercer than ever. Results in the Chinese market have become increasingly important for films in the global market.

China Media Movie Group (CMM Group), led the marketing efforts for Terminator Genisys in mainland China, and is also one of the global investors for the film. Well known in Chinese film industry, CMM Group is a movie company that specializes in integrated marketing operations, real-time Big Data analysis and application, film investment, film marketing and film media advertising. CMM worked together with Paramount for the first time in 2014, taking on a key role in the marketing of Transformers: Age of Extinction in mainland China. The film garnered approximately US$319 million dollars in box office revenue in China, breaking box office records for a US film in Chinese film history and successfully reaching the US$1 billion dollar mark in global box office.

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Mark Schlarbaum: Building and Developing business relationships with main land Chinese investment professionals including Chinese brokerage firms, QDIE private funds, Chinese investment management firms. Mark Schlarbaum joins the 100000 Strong Foundation as its supporter.

Chinese billionaire builds life-size Longleat

The​ Marquess of Bath’s ​family seat will be replicated and turned into a hotel for wealthy Chinese tourists

By Charlotte Middlehurst, Shanghai1:41PM BST 02 Oct 2015

China’s nouveau riche are spending their fortunes recreating England’s most idyllic and​ ​opulent heritage sites.

First there was Thames Town, an ersatz English village in the outskirts of Shanghai complete with pubs and rose garden. Then there was Tower Bridge in Suzhou, a bigger, shinier version of the 150 year old suspension bridge with twice the number of turrets.

The latest project to be announced will see Longleat House, the ancestral home of the Marquess of Bath and one of England’s grandest ​Elizabethan monuments, rebuilt in Sichuan Province, central China​ , a centre for coal, iron and steel produc​tion.

The stunning 9,000-acre ​estate caught the interest of a Chinese businessmen ​ delegation ​during a visit​, ​it was ​revealed on this week’s episode of BBC documentary, All Change at Longleat.

Ceawlin Thynn,​ ​Viscount Weymouth​, who ​took over the ​management of Longleat from his father​ in 2010​, travelled to Sichuan were plans to build a Longleat replica as a ​grand ​hotel for rich Chinese families are afoot.

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China Investment

U.S., China push investment treaty

U.S., China push investment treaty talks along -source

China and the United States agreed to speed up work on an investment treaty after China promised to open up more sectors of its economy to foreign investors, a person familiar with the negotiations said on Friday, adding a deal was not imminent.

“Still, there’s a long way to go,” the source said.

Chinese President Xi Jinping and U.S. President Barack Obama said after a meeting on Friday that the two countries had agreed to step up work on a bilateral investment treaty.

Before the visit, U.S. Trade Representative Michael Froman said that Beijing needed to narrow its list of proposed exceptions to the proposed bilateral investment treaty, and a source familiar with the talks said progress had been made on that point.

“They definitely had an improvement in their negative list, they came willing to clarify the additional sectors that they wanted to open,” the source said. The negative list includes industries in which foreigners cannot invest.

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Donald Trump Says “China”

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China lauds WTO trillion dollar IT deal, eyes big gains for domestic firms

China’s Ministry of Commerce on Saturday lauded the landmark deal by WTO members to cut tariffs on $1 trillion worth of information technology products in a boost for producers of goods ranging from video games to medical equipment.

The agreement will further promote global trade and world economic growth, and also inject new vitality into multilateral trade negotiations, said the Commerce Ministry.

“If the negotiations are concluded as scheduled, they will be the only completed WTO negotiations on market access in recent years,” the Chinese ministry said in a statement on its website.

Products covered by this expansion include new-generation semi-conductors, GPS navigation systems, medical equipment, as well as machine tools for manufacturing printed circuits, telecommunications satellites and touch screens.

The real winners for China may be the nation’s smartphone makers and consumers.

Companies like Xiaomi Corp., Huawei Technologies Co. and ZTE Corp. stand to gain from the zero-tariff policy.

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NEW IMMIGRANTS FROM CHINA AND INDIA NOW OUTNUMBER IMMIGRANTS FROM MEXICO

SOURCE: ALL GOV

The debate over immigration in the United States has a new geographic direction. No longer is Mexico the leading country for new immigrants into the U.S., according to figures from the U.S. Census Bureau.

As of 2013, China and India sent more immigrants to the U.S. than Mexico, Census figures show. About 147,000 Chinese immigrants arrived two years ago, followed by India with 129,000. Mexico was third, sending 125,000 to the U.S.

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CHINA IS EXPANDING ITS MILITARY INTO AFRICA

SOURCE: HUFFINGTON POST

China is steadily expanding its military footprint in Africa, highlighted by the recent deployment of 700 combat-ready troops to join a multinational peacekeeping operation in South Sudan. In all, the People’s Liberation Army and Navy now have an estimated 2,700 soldiers, sailors, engineers and medical staff stationed across the continent.

The number of troops deployed in Africa is extremely small, even insignificant, in the broader context of the massive Chinese military. However, a discernible trend is becoming increasingly apparent as Beijing expands the range of operations that its forces are engaged in Africa to include post-conflict stabilization (Mali), medical humanitarian missions (Liberia), ongoing conflict stabilization (South Sudan) and anti-piracy operations (Somalia) among others. In all, Chinese military personnel are now involved in 7 out of 9 UN peacekeeping operations on the continent, the most of any permanent Security Council member.

Although it will be a long time, if ever, that China’s small military footprint will rival those of the United States and European countries in Africa, the steadily rising number of PLA/PLAN forces on the continent may indeed have profound consequences. Africa appears to be the theater of operations that is testing two bedrock principles of Chinese foreign policy:

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57 COUNTRIES SET TO SIGN ON TO CHINA-BACKED INVESTMENT BANK AIIB

SOURCE: JAPAN TIMES

One of China’s biggest foreign policy successes ever will take concrete shape Monday when delegates from 57 countries sign an agreement on the Asian Infrastructure Investment Bank (AIIB) in Beijing.

The founding members of the China-backed AIIB will sign articles of agreement that decide each member’s share and the bank’s initial capital.

The multilateral institution, seen as a rival to the Western-dominated World Bank and Asian Development Bank, was initially opposed by the United States but has attracted many prominent U.S. allies including Britain, Germany, Australia and South Korea. Other founding members include most Asian nations and countries from the Middle East and South America.

Japan and the United States are the most prominent nations not to have any representation in the venture. China has said it has left the door open for them to join

“It’s a huge diplomatic and strategic win for China,” Malcolm Cook, a senior fellow at the Institute of Southeast Asian Studies in Singapore, said of the AIIB.“(But) the fact that so many have signed on will mean that the management of the AIIB will be quite complicated. . . . The more countries you have on board, the more interests will be at play and more each member will of course want the institution to serve their own interests.”
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AUSTRALIA AND CHINA SIGN FREE TRADE AGREEMENT

SOURCE: THE BULLETIN PANAMA

Food products, manufacturing and tourism are sectors that Australians will benefit from this treaty, according to the Australia China Business Council.

Australia and China signed a free trade agreement after more than ten years of negotiations. Its aim is to boost growth and job creation by reducing tariffs in various sectors.

The trade ministers of Australia, Andrew Robb, and China, GAO Hucheng, signed the treaty in Canberra. Beijing has called it the most liberal it has negotiated. Robb emphasized that the agreement will open the Chinese market to Australian investment in primary sector products and services.

“This landmark agreement will bolster our current business relationship with our largest partner, and will be a catalyst for future growth through goods, services and investment,” said Robb. Australian Prime Minister. Tony Abbott said that with this agreement, along with others recently signed with Japan and South Korea, 95 percent of Australian exports will soon be free of tariffs.

“This is a single and historic day for our two countries. It changes our country for the better, our region will change for the better, our world will change for the better,” Abbott said after the signing.

China, which in early June signed a free trade agreement with South Korea, is the first trading partner of Australia with a flow of goods and services between the two countries that reached $160,000 million.

The agreement will allow 85% of Australian exports to enter the Chinese market free of duties, a figure that will increase to 95% once it has been fully implemented. So far, Australian products pay import rates of up to 40%. Australia, meanwhile, removed the 5% duty on Chinese electronics and appliances.

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BRICS CENTRAL BANK EXPERTS MEET IN TURKEY TO FINALIZE JOINT MONETARY FUND

SOURCE: THE BRICS POST

BRICS central banks experts are holding a two-day meet for drafting an operating agreement on the BRICS Contingency Reserve Arrangement (CRA) this weekend.

Officials from the five BRICS countries are meeting in Bodrum, Turkey on Saturday and Sunday to finalise the joint monetary fund ahead of the 7th Leaders Summit in Russia. Russia’s Vladimir Putin, China’s Xi Jinping, Jacob Zuma from South Africa, Brazilian President Dilma Rousseff and India’s Narendra Modi will meet for the Summit on 8-9 July in Ufa.

The $100 billion CRA was agreed at a BRICS summit in Fortaleza in July last year. China contributed $41 billion to the capital stock; India, Brazil and Russia each paid in $18 billion, and South Africa’s share is $5 billion.

The reserve fund will provide liquidity support to member countries in response to short-term balance of payments problems.

The CRA is meant to provide an alternative to International Monetary Fund’s emergency lending. In the CRA, emergency loans of up to 30 percent of a member nation’s contribution will be decided by a simple majority. Bigger loans will require the consent of all CRA members.

Meanwhile, the $100 billion development bank, funded by BRICS countries, will offer loans to other middle- and low-income countries.

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Mark Schlarbaum: Building and Developing business relationships with main land Chinese investment professionals including Chinese brokerage firms, QDIE private funds, Chinese investment management firms. Mark Schlarbaum joins the 100000 Strong Foundation as its supporter.