CEOs look to China for market expansion

David Nealis President of Blue Bridge

CEOs look to China for market expansion About 30% of global CEOs rank China as their top growth market this year, big four consulting firm PricewaterhouseCoopers LLP recently said in a report. According to PwC's latest Annual Global CEO Survey, 63% of CEOs in Japan, 56% in Australia, 48% in the US and 45% in the Association of Southeast Asian Nations believe that China will play a critical role in their growth plans. Although the Chinese central government has lowered China's growth target to 7.5% for 2012, the projection is still more than double the growth rate for the global economy.

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?

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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.

ICBC to open up European & American service divisions

David Nealis President of Blue Bridge

ICBC to open up European, American service divisions
Industrial and Commercial Bank of China Ltd. will launch overseas regional cash management centers in 2012 to service Chinese companies and aid their global-market operations.

 In May a center in Europe will be established, with the North American center opening in October. ICBC Vice President Luo Xi said that the amount of ICBC's overseas assets is likely to be more than 5% of the total by the end of this year. There are over 180,000 Chinese investment institutes in 178 countries and regions with direct investment of over RMB 320billion (US$ 51billion) in 2011.

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.

CDB to sign MOU on Renminbi loans with BRICS members

David Nealis President of Blue Bridge

CDB to sign MOU on Renminbi loans with BRICS members
China Development Bank (CDB) will sign a memorandum of understanding with Brazilian, Russian, Indian and South African counterparts to make renminbi loans available to them, in a major move to boost the Chinese currency's international status, according to a South China Morning Post report. Economists said the plan to promote Renminbi loans among BRICS nations would take the internationalization of the RMB to the next stage. The MOU is expected to be signed in New Delhi on 29 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.

China Cinda introduces strategic investors

David Nealis President of Blue Bridge

China Cinda introduces strategic investors
State-owned China Cinda Asset Management Co. announced it has introduced Citic Capital Holdings Ltd., Standard Chartered PLC, UBS AG and the Chinese state pension fund as strategic investors as it prepares for an IPO. Cinda was established in 1999 as one of four asset management companies designed to take bad loans off the books of the country's big four state-owned banks. Citic Capital Holdings Ltd., Standard Chartered, UBS and the National Council for Social Security Fund will jointly inject RMB 10.37 Billion (US$ 1.64billion) into Cinda to take a 16.54% stake in the company.

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 to be world's biggest importer



David Nealis of Blue Bridge

China to be world's biggest importer

The Minister of Commerce Chen Deming said that China is now the world's second largest importer and will become the biggest importer within a few years. He said that China not only provides the world with high-quality products at low costs, but also buys high-end goods supplied by global brands, while he was speaking at the China Development Forum 2012. The growth rate of China's retail sales stayed between 16% and 18% over recent years which is higher than its GDP growth, indicating the country's huge purchasing potential, according to the minister. 

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.

BPC signs potash deal with Chinese firms

BPC signs potash deal with Chinese firms

The world's second-largest potash producer by capacity, Belarusian Potash Co, the jont venture of Uralkali and Belaruskali, has agreed to a contract with Chinese fertiliser importers Sinochem and CNAMPGC for deliveries of muriate of potash, a fertiliser otherwise known as potassium chloride for this spring.

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.

Fortescue is a member of China’s spot-trading platform

Fortescue is a member of China’s spot-trading platform

The operator of the China Beijing International Mining Exchange announced that Australian iron-ore mining company Fortescue

David Nealis President of Blue Bridge

 Metals Group Ltd. is now a member of China's iron-ore spot-trading platform.

The trading platform, launched in January 2012, is China's attempt at an iron-ore pricing alternative to global indexes in the physical market. The platform has the support of the China Iron and Steel Association. Fortescue is the fourth biggest iron-ore producer in the world

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 stocks preferred among emerging markets

Chinese stocks preferred among emerging markets

Emirates NBD, the Middle East's largest banking group, prefers to invest in Chinese equities when it comes to investment in the emerging markets according to Chief Investment Officer of Private Banking at Dubai-based Emirates NBD Gary Dugan, he said in his weekly economic commentary that the case for Chinese equities has strengthened with better than expected inflation news.

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?

China becomes the largest foreign investor in Germany

China becomes the largest foreign investor in Germany

China overtook the United States to become the largest foreign investor in Germany in 2011 in terms of investment project numbers, according to statistics released by the Germany Trade & Invest (GTAI) agency. Chinese investment projects in Germany have totaled up to 158, ahead of the United States' 110, Switzerland's 91 and France's 53, according to the GTAI. The foreign investment projects in Germany are mainly concentrated in the mechanical engineering and automotive sectors, which account for 20% of the total, while 13% has been pumped into the new technologies and 6% into the field of renewable energy.

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?

China is now the world's largest art & antiques market

                      China is now the world's largest art & antiques market

China overtook the United States as the world's biggest market for art and antiques last year, according to  the report “International Art Market in 2011,” released by the European Fine Art Foundation. China's share of the global art market rose from 23% in 2010 to 30% last year, pushing the United States to second place with a share of 29%, the report said.

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?

Russia Says Nyet to Yuan Investment!

Russia Says Nyet to Yuan Investment!

David Nealis President of Blue Bridge

Russian Central Bank First Deputy Chairman Alexei Ulyukayev that Russia would not invest in the Yuan until China liberalized the exchange rate policy and eliminated capital controls, Chairman Alexei Ulyukayev told the Rossiiskaya Gazeta newspaper “ We’ll have not one Yuan in the reserves until then”.

China continues to be an ideal place for firms looking for growth, what is your firm’s China Market Strategy?

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 look to Putin for boost in relations

According to Chinese state media the Chinese are looking forward to Vladimir Putin’s return to the Russian Presidency, though I am guessing they did not miss him too much since he has been serving as Russia’s Prime Minister. The Chinese are looking for Putin to continue to boost China-Russia relations over the next 6 years.

Putin has been an active promoter of China Russia ties, during his first term as President of Russia the two counties signed "China-Russia Treaty of Good-Neighborliness, Friendship and Cooperation", which was to promote political and commercial ties.

Tatiana Pecherskaya

Blue Bridge consultant Tatiana Pecherskaya points out that despite the world’s financial crisis, bilateral trade volume has risen between the two nations and that China is Russia's number one trading partner as of 2011.

The Chinese benefit from Russian commodities purchases of oil, gas and timber to name a few and with the development of a new gas pipeline from Russia to China there seems to be no slow down in trade between the two nations.

The financial cooperation between the two nations isn’t one sided, China is the 5th largest investor in the Russian economy.

 A bump in the road between the two nations might be that other Asian nations have actively pursued military purchases from Russia to include Vietnam, which has several territorial disputes with China that have recently flared up in the South China Sea and it is thought that the Philippines is interested in upgrading their naval capabilities with Russian military hardware to protect their interest in the South China Sea.

David Nealis

Other than sharing a border the Chinese and Russians also are both permanent members of the United Nations Security Council, BRIC Club Members and SCO members. The SCO or the Shanghai Cooperation Organization is a Central Asian focused platform for regional countries to promote security, stability and trade.

The China – Russia relationship is long and complex, but it is safe to say as long as the Chinese demand for commodities is high, they will continue to import commodities from Russia.

This article has been co-written by David Nealis and Tatiana Pecherskaya of Blue Bridge.

China continues to be an ideal place for firms looking for growth, what is your firm’s China Market Strategy?

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.

Premier Wen Jiabao Announces Here We Come!

Premier Wen Jiabao Announces Here We Come! 

While delivering the government work report at the fifth session of the 11th National People's Congress which started on Monday in Beijing, Premier Wen Jiabao said China will implement the "go global" strategy this year.

Wen is expected to relax overseas investment restrictions and he went onto to say; "With China's outward investment in an important stage of accelerating development, we will enhance macro-guidance, increase policy support, streamline approval procedures, and improve services for Chinese investors”.

David Nealis President of Blue Bridge

According to Premier Wen Jiabao, China will guide its enterprises under various forms of ownership in making overseas investments, mergers and acquisitions in energy, raw materials, agriculture, manufacturing, service industries, and infrastructure in an orderly manner. So expect to see many Chinese SOEs continue their acquisition of overseas assets.

According to a statement released by the government, China will also explore new models for overseas economic and trade cooperation zones, and support companies making overseas investments in coordinating their growth and forming clusters. Wen stressed that restrictions on individuals investing overseas will be relaxed.

Premier Wen Jiabao also said China will strengthen the risk management of overseas investments and protect the safety of employees and assets of Chinese enterprises operating overseas.

China continues to be an ideal place for firms looking for growth, what is your firm’s China Market Strategy?

China to Become World's Largest Diamond Market

Ari Epstein CEO of the Antwrp World Diamond Centre says he believes that China may overtake the USA to become the world’s largest diamond market by the end of 2015 as demand rises in China for luxury goods.

Chinese firms have recently announced major deals with many African firms to mine for diamonds and China is already a major diamond polishing center.

China continues to be an ideal place for firms looking for growth, what is your firm’s China Market Strategy?

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.