BP & CNOOC Sign Production Deal

BP & CNOOC Sign Production Deal

BP and China’s offshore oil producer CNOOC signed a production sharing agreement for a deep-water block in the South China Sea.

The block 54/11 covers 4,586 square kilometers in water depths form 370 meters to 2,300 meter. It is in the Pearl River Mouth Basin and close BP’s existing deep-water interests in two blocks there. 

David Nealis President of Ceres Ltd.

This is the 200th contract for production sharing contract between CNOOC and foreign partners. CNOOC said it has the right to participate in up to 51 percent working interest in any commercial discoveries in the new block and it will act as its operator.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Chinese State Council approves Shanghai free-trade zone

Chinese State Council approves Shanghai free-trade zone

The State Council has formally endorsed Shanghai’s plan to open the mainland's first free-trade zone. The project will occupy 28 sq km, centering on the Yangshan Deep Water Port, and will take more than 10 years to build. When completed, the free trade zone will provide world-class transport and communications facilities and a tax-free environment for domestic and foreign enterprises, according to Chinese state run media.

I believe this is going to change the dynamics of Shanghai and make it much more competitive with Hong Kong when it is completed.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Chinese buying more high-end homes in US

Chinese buying more high-end homes in US

Chinese buyers are invading the US housing markets and are also buying more high-end homes than other foreign buyers according to the National Association of Realtors in the US. The association said that Chinese buyers account for 18% of the US$ 68.2 billion of total foreign spending on US homes. They also said 70% of the high-end home purchases by Chinese buyers consisted entirely of cash transactions; they went on to say that Chinese buyers spent a median price of US$ 427,000 on US homes.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

The People's Bank of China orders interbank-bonds trading clean up

The People's Bank of China orders interbank-bonds trading clean up

David Nealis President of Ceres Ltd

The People's Bank of China ( PBOC) – China’s central bank -- posted a statement on its website ordering all interbank bond trading to be conducted via the National Interbank Funding Centre as part of its clean-up of the market. Clearing agencies can now only settle trades inside the interbank market, and transactions such as forward deals and repurchases cannot be reversed or altered after two parties have come to an agreement.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Forbes names Hong Qi as China's best CEO

Forbes names Hong Qi as China's best CEO

Forbes China has named Hong Qi, CEO of China Minsheng Bank, as the best CEO in the country based on the 2013 Forbes China Best CEOs list. Hong topped the ranking after leading the company to a 34% rise in net profits last year. Minsheng is China’s largest non-government controlled bank. Rounding out the top five on the new Forbes China list are Tsai Eng-Meng of snack food maker Want Want China , Dong Mingzhu of air conditioning manufacturer Gree Electric, Qi Yumin of automaker Brilliance China and Ma Huateng of Internet giant Tencent Holdings. The ranking is based on a company’s financial performance, market value and the CEO’s annual income over three years.

David Nealis President of Ceres Ltd.

The banking sector in the great China Market is going to have a bumpy ride this year , lets wish Hong Qi the best and see how he does this year.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

China’s Vietnamese rice imports rise 27.8%

China’s Vietnamese rice imports rise 27.8%

China bought 1.14 million tons of rice from Vietnam for US$ 472.4 million in the first five months of this year, for a year-on-year rise of 27.8% in volume and 24.1% in value. According to the Vietnam Food Association, China is the biggest importer of Vietnamese rice produce, accounting for 36.4% of total rice exports, with the Philippines, Malaysia, Singapore, and Ivory Coast following in that order.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

China injects US $ 49 million to support poultry sector

China injects US $ 49 million to support poultry sector

In a move to help the poultry sector after the effects from the H7N9 virus, the Chinese government has injected another US$ 48.54 million into the industry, the Ministry of Finance stated. Ideally the additional funding will be used to cut interest rates for short-term loans to poultry enterprises, the ministry said. China has already injected a total of RMB 900 million (US$ 146.65 million) into the industry, which has recorded more than RMB 40 billion (US$ 6.52 Billion) in losses since the H7N9 outbreak in March.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Irish seek to expand dairy products in China

Irish seek to expand dairy products in China

Jim Bergin, CEO of Glanbia Ingredients Ireland Ltd, said that China’s dairy consumption is growing much quicker than dairy production and that he believes China needs to import more dairy products. Bergin pointed out that Ireland sells 85% of its dairy products overseas and that the country’s dairy producers have made connections with Chinese customers. He added that Irish dairy firms are looking to increase their business with the Chinese.

He better move quickly recently there have been many dairy deals inked between multinationals, in addition to that I should add I do enjoy buying Irish butter at my local METRO store here in China.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

China lays out US$ 1 billion investment in Nigeria

China lays out US$ 1 billion investment in Nigeria

The China Civil Engineering Construction Corp (CCECC) has announced plans for Nigeria that involve building a cement factory, modernizing the Tin Can Port, launching a sawmill factory, and developing various other projects which are estimated to cost US$ 1 billion. The Chinese firm wishes to elevate its presence in the African country from being a construction company to being an investor. CCECC President Yuan Li said commercial production of its cement factory for the Nigerian market will start soon.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

China investors projected to spend US$ 178billion on overseas real estate

China investors projected to spend US$ 178billion on overseas real estate

Property consultancy CB Richard Ellis has projected RMB 1.1 trillion (US$ 178 billion) in overseas realty investments by Chinese investors, with the US, Canada and Australia as the main choices. The firm’s prediction is based on the supposition that 5% of investable assets of the Chinese high-net-worth individuals, those with investment assets of over RMB 10 million (US$ 1.63 million) will be injected into foreign real estate markets soon.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

CNPC to help finance US$ 12 billion Ecuadorean oil project

CNPC to help finance US$ 12 billion Ecuadorean oil project

China National Petroleum Corp agreed to take participate in financing of a US$ 12 billion refinery project in Ecuador.

David Nealis President of Ceres Ltd.

 The estimated 300,000 barrel per day Pacifico project is a JV between Ecuador and Venezuela’s PDVSA, it is scheduled to start operations in 2017. Ecuador’s Vice-President Jorge Glas said that CNPC is the project’s third partner. In 2012, CNPC requested the Industrial and Commercial Bank of China to provide funds for CNPC’s possible investment in Pacifico.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Air China launches nonstop Beijing to Houston flights

Air China launches nonstop Beijing to Houston flights

Air China, the nation’s flagship air carrier, has launched nonstop flights between Beijing and Houston starting on 11^th of July, and is scheduled to operate four round-trip flights every week. The flights will be between Beijing Capital International Airport and George Bush Intercontinental Airport in Houston. The almost 14-hour flight marks the airline's first new nonstop route to the US in 30 years. Passengers on the inaugural flight included former Houston Rockets player Yao Ming and the Chinese Consul General in Houston, Xu Erwen.

I look forward to taking that flight soon.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Schlumberger opens reservoir laboratory in China

Schlumberger opens reservoir laboratory in China

Schlumberger Ltd, the world's largest oilfield services company announced the opening of a reservoir laboratory in Sichuan in a move to aid expanding activity in shale gas development. The US oil services firm's new reservoir laboratory plans to offer petrophysical and geomechanical services that will improve hydrocarbon recovery and maximize production for customers in shale development. The laboratory is situated near the company's facilities in Gaoxin and Shuangliu districts in Sichuan province, according to Chinese state run media.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Sinopec opens first overseas lubricant plant in Singapore

Sinopec opens first overseas lubricant plant in Singapore

As part of Sinopec’s globalization plan, China's largest integrated energy and chemical group has opened a new US$ 106 million lubricant plant in Singapore.. The plant is Sinopec's first outside China and the company said it plans to set up more lubricant plants overseas. The Singapore plant will enable the company to serve customers in Southeast Asia, Australia and New Zealand, said Pei Wenjun, general manager of Sinopec Lubricant (Singapore).

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Chinese investment in US to increase

Chinese investment in US to increase 

The Chinese Academy of International Trade and Cooperation said that Chinese companies will continue to invest in the US at a faster rate in the near future. Huo Jianguo, president of a think tank at the Ministry of Commerce, said the investment momentum will not be blocked despite technical and political obstacles. Last year, China's total investment in the US surged to US$ 9.3 Billion in 2012 from US$1.88 Billion in 2007.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

China’s gold imports increase

China’s gold imports increase

Although gold prices fell further at the onset of July, China has boosted its gold imports, said Emirates NBD precious-metals Chief Gerhard Schubert. Gold closed on 5 July, down by USD11 week-on-week at US$ 1,224 per troy ounce, with Chinese gold imports keeping its record pace. Schubert added that gold reacted to improved unemployment figures and improved US economic data.

And in a culture that values gold, a cheaper gold price means more people can afford it.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

China's crude oil imports fall

China's crude oil imports fall

Ceres Broker Jane Yang

The General Administration of Customs revealed that China's crude oil imports in H1 dropped 1.4% compared to the same period in 2012. Based on preliminary data, China imported 138.17 million megatons of crude oil from January to June and exported 30,000 tons of crude oil during the same period. June imports were at 22.17 million megatons, or 7.4% lower than what was imported in May, according to Chinese state run media.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Leo Melamed makes statement on China's bond futures

CME Building Chicago 

Leo Melamed makes statement on China's bond futures

Leo Melamed, the “chairman emeritus” of the Chicago Mercantile Exchange, said that China's forthcoming launch of treasury-bond futures will make available a tool to manage interest-rate risks. Melamed added that it will ultimately aid the Chinese financial market to become more liquid and more proficient. The China Securities Regulatory Commission revealed on 5 July that the government will continue the issuance of treasury-bond futures after an 18-year suspension.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Chinese middle class seeks investment opportunities overseas

Chinese middle class seeks investment opportunities overseas

With mainland China’s stock market options highly limited and the property market strictly controlled, the country’s growing middle class is looking overseas for alternative investment sources. The US has recognized this as an opportunity, and has re-launched an immigration plan containing a lower threshold for immigrant investors from China. The US EB-5 Immigrant Investor program offers temporary visas to investors from abroad who can ultimately become permanent residents if certain qualifications are met.

David Nealis President of Ceres Ltd.

This is one of those ultimate opportunities for USA financial firms to provide a much needed service in a foreign market that focuses on the USA domestic market.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

China might implement deposit insurance this year

China might implement deposit insurance this year

A senior member of the National People's Congress hinted that China could introduce a deposit insurance scheme, which would provide a safety net for individual and institutional depositors, before the end of this year. The deposit insurance scheme is one of the central bank's key goals for 2013, although it did not provide specific details. China currently has no deposit insurance policy and Chinese banks' vulnerability to a liquidity crisis was exposed during last month's unexpected cash crunch, according to Chinese state run media.

This might seem surprising to most people, one would think that in the People’s Republic of China that the people’s money would have some security in place already. It is just one of those many assumptions that a person can make that would be wrong about China.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

China Implements Stricter Immigration Law

David Nealis President Ceres Ltd.

China Implements Stricter Immigration Law

Foreigners who are caught residing or working illegally in mainland China will be detained between five and 15 days and could face fines and deportation, as stipulated by a new immigration law. The new regulation, which takes effect today, provides harsher punishments for foreigners who illegally enter, live, or work in China. Employers would also be fined up to RMB100, 000 (US$ 16,310). The Ministry of Public Security said that last year some 47,100 foreigners were caught violating the old immigration law, according to Chinese state runs media.

I understand that the job market here is contracting rapidly, but I think putting pressure on the foreigners here who work on the fringes, teaching English and other various jobs while they spend a year or 2 in China will not greatly improve the Chinese job market and China will lose the soft skills that these people bring to the market here.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Pakistan encourages energy investment deals with China

Pakistan encourages energy investment deals with China

David Nealis President Ceres Ltd.

Pakistani Prime Minister Nawaz Sharif seeks to attract Chinese investors into the country's energy sector as Pakistan continues to suffer from power cuts of up to 20 hours a day. Sharif is set to meet Chinese President Xi Jinping, Premier Li Keqiang, and other Chinese financial and corporate leaders with the hope of obtaining high-impact Chinese infrastructure projects to improve Pakistan's energy and economic difficulties according to Chinese state run media. 

The over capacity of solar panels in China might just be an ideal form of aid from the Chinese government to their 3^rd World partners. The China –Pakistan alliance has strengthened in recent years as a counter to the USA and Indian interests in the region, it will be interesting to see how this alliance grows as China cracks down on Islamic extremist in the their far western region.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

China's ICBC Tops Global 1,000

China's ICBC tops global 1,000 banks

The Industrial and Commercial Bank of China (ICBC) has topped this year's list of the world's top 1,000 banks in an annual report released by The Banker. The closely watched annual report showed that ICBC moved up from the third spot a year ago to first place this year, trading places with Bank of America. JP Morgan holds on to the second spot. ICBC rose to the top rank after seeing a 15% increase in capital to US$160.6 billon, the survey said, according to Chinese state owned media.

I am looking forward to see how 2013 turns out for Chinese banks, we are feeling some serious rumblings on the ground here.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

CNOOC eyes investments in Uganda's US$6 billion oil projects

CNOOC eyes investments in Uganda's US$6 billion oil projects

The China National Offshore Oil Corp (CNOOC) has reportedly expressed interest in investing in Uganda's oil refinery and a crude export pipeline, two projects which are expected to cost more than US $6 billon. While a number of joint venture firms are involved in developing Uganda’s oil fields, CNOOC is first to express interest in these two projects, according to Chinese state run media.

David Nealis President of Ceres Ltd

Africa continues to be one of the most important regions for Chinese to source commodities; I believe we will see a shift to more deals involving commodities between China and Russia & the USA in the near future.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

Investors Withdraw Funds From China Stocks

Investors withdraw funds from China stocks

Worries over China’s continuing economic slowdown have led to investors withdrawing funds from Chinese assets. Fund managers have withdrawn money from Chinese stocks in 16 of the previous 18 weeks. This included a net outflow of US$ 834 million in the five-day period ending on 5 June this year, the most substantial outflow since January 2008. At the same time, on the currency markets investors are raising their bets that the RMB will fall, and consequently the benchmark Shanghai Composite has fallen 12.1% this year, according to Chinese run state media.

This has put pressure on the financial system here in China and there is a fear here that capital is also flowing out of China as well. I believe the reaction to this will be a opening of the financial markets here in hopes that the capital increase can raise the markets back up, but the big question now is if you build it will they come?

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.