Items Tagged With China Investment

Speaking of 3 letter networks the other day, CBS actually had a really good story on 60 minutes over the weekend in regards to China's sovereign wealth fund. As another example of a growing trend I see in senior Chinese executives becoming more media savvy, the president of China Investment Corporation readily agreed to be interviewed by 60 Minutes to try and dispel fears that there are ulterior motives to where they're investing their $200 billion dollars.

I'm no finance expert. In fact, I admit, I didn't even know what a sovereign wealth fund was exactly until this story. What I do find interesting is the growing trend of an "invasion" fear as China continues its trend of investing overseas. I guess when you're a country with $1.5 trillion in reserves growing at $1 billion a day it wouldn't be a surprise that you might want to put some of that money outside your country.

Whether it's this story on China Investment Corporation, IBM being acquired by Lenovo, Hair's failed attempt to acquire Maytag or the recent $3 billion investment by China into Blackstone, it'd be interesting to gather and share your thoughts on how much of these fears are valid and how much of it is based on an overreaction caused by fear of China's increasing power.

I actually missed the airing of it because I was stuck hating my existence trying to get my taxes done this weekend so a big thank you to @pishba for the link to the article and video clips.

Re: the domestic lending environment in China and the challenge of lending to small, medium sized enterprises in China. Managing director, Head of Research Division, as well as China's Chief Economist with J.P. Morgan Securities Inc in Hong Kong answers a question posed by Janet Carmosky, CEO of The China Business Network.

I've got another interview with Jim Rogers today. He was one of the first guests on my show when I first started out back in April 2007.

Ok, honestly...coming from a zero finance background, I just hope I don't sound like an idiot. Luckily I've got help with questions this time around from my friends over at the Youth Venture Capital Club headed by Sam Su who's a VC in China along with some more finance savvy friends on Facebook.

Now let's hope my recording equipment doesn't quit on me.

Here's a recent article in Fortune on him. Really great stuff. Very obvious the guy knows China.

Came across Forrester Research CEO's blog today after @jowyang mentioned it on Twitter with a link. (See, another cool thing about Twitter, if you follow the right people, information comes to you.)

The post is called The China Bubble and you can read it real quick by going here. 

Anyways, in summary George Colony makes reference to a recent op/ed piece by Roger Cohen of the NY Times and then compares the China "hysteria" to the Japan "fad" from the late '80s. He points out that because China remains a communist nation, it's not likely that it will surpass the US or EU within 20 years.

I'm by no means a research expert or an economist on the matter, but I can tell you that having returned from 2 weeks in Shanghai, you just can't help but be amazed by the continued growth the country is still undergoing after all these years. My parents first entered the market in 1991. I landed there in 1995. The energy has not let up. If it's a bubble, it's been a 20 year bubble and counting...

Frank Gong, Managing Director of JP Morgan Hong Kong made some very interesting points during his keynote speech at the recent Harvard China Review on China's growth in spite of the US recession:

I'd be interested in gathering and posting the thoughts of my China friends on this. Is there a China bubble?