Giles Blackburne

371 Flips | 9 Magazines | 2 Likes | 28 Followers | @GilesBlackburne | Keep up with Giles Blackburne on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Giles Blackburne”

China's state-run bank launches first India-dedicated investment fund, urges Chinese to invest heavily in Indian economy

<b>Beijing:</b> The Industrial and Commercial Bank of China, a top state-run Chinese bank has launched China's first India-dedicated publicly offered …

China did the calculations before backing off from urging India to join Belt and Road Initiative

China’s decision to temporarily back off from convincing India to join the Belt and Road Initiative (BRI) during the Wuhan summit between Prime …

What the West Doesn’t Get About Xi Jinping

The recent decision by China’s National People’s Congress to abolish term limits for the office of the president has sent shock waves through the West: Xi Jinping, the current officeholder, is suddenly being described as a new Confucian autocrat, overseeing a state still governed by a …

From imitation to innovation: How China became a tech superpower

In late October 2017, when I went to visit Kai-Fu Lee, China’s premiere artificial intelligence (AI)-focused venture capitalist, I entered his office …

Exclusive: Russia's Lukoil considers selling Swiss trader Litasco

LONDON/MOSCOW (Reuters) - Russian oil major Lukoil is considering selling its Swiss unit Litasco because new U.S. sanctions on Russia will make it harder for the Geneva-based energy trader to raise new funds, industry sources said.<p>FILE PHOTO: The logo of Russian oil company Lukoil is seen on a …

Russia

Lukoil chief says sanctions may last a decade | Financial Times

Sanctions against Russia are likely to stay in place for at least the next 10 years, the country’s second-largest oil company has said, at a time of …

Russia

Saudi-Russian oil alliance will last for ‘decades and generations’ - al Falih | Financial Times

Saudi Arabia’s oil alliance with Russia will last for “decades and generations”, the kingdom’s energy minister said, adding that while the crude …

Oil

LUKOIL AND ASTRAKHAN REGION DEVELOP COOPERATION

Thursday, February 8, 2018<p>President of LUKOIL Vagit Alekperov and the Governor of Astrakhan Region, Aleksandr Zhilkin, signed a protocol to the …

Geographic reach

Here are the most popular Chinese brands outside of China

How many can you name? How many do you trust?<p>While China may still be known as the “world’s factory,” its actual brands have struggled mightily to …

At the crossroads of the new Silk Road | Bruno Macaes

A freshly created town has been chosen by China as the launching point for its Belt and Road project that will take not only its trade to Europe, but influence and power<p>The world’s lost cities have all been unearthed. The modern-day equivalent – fulfilling an age-old desire to stand in a place …

Once China's richest man, Wang Jianlin is selling off his global empire

Chinese billionaire Wang Jianlin once boasted about his sprawlingglobal business empire. Now, the country's former richest man is offloading international properties and emphasizing his domesticinvestments.<p>The striking U-turn is the result of pressure from the Chinese government and the need to pay …

China

China Starts The Year Ridiculously Rich

China has started the year off right: filthy rich.<p>Its central bank, the People’s Bank of China (PBoC), has more cash in reserves than expected, at $3.139 trillion as of Dec 31. To put that into perspective, China has more money sitting in its cash reserve accounts at the PBoC than the economies of …

China’s protectionism comes home to roost | Financial Times

A decade ago, most global companies’ strategic presentations gave pride of place to plans for China. This position is now taken by other areas — big …

China

What the Indian economy in 2017 can tell us about the year ahead

<b>Indian prime minister Narendra Modi faced his toughest year on the economic front in 2017. The BBC's Sameer Hashmi looks back at the year's key economic moments to predict what 2018 might look like.</b><p>Only a year ago it seemed like India was on track to become an important engine of growth for the …

India to become world 5th largest economy in '18

LONDON: India looks set to leapfrog Britain and France next year to become the world's fifth-largest economy in dollar terms, a report showed on …

China Shrugs Off Debt Worries as Xi Takes Firmer Economic Grip

SHANGHAI — It’s Xi Jinping’s economy now, and he isn’t too worried about debt.<p>China signaled its economic priorities on Wednesday at the end of a meeting of top Communist Party economic leaders with a statement indicating that President Xi is fully in charge. Labeled “Xi Jinping Thought on …

China

EU singles out China as distorted state-run economy

BRUSSELS (Reuters) - The European Union introduced new rules on Wednesday to guard against excessively cheap imports and singled out China for special attention in a report spelling out how its economy is distorted by the state.<p>FILE PHOTO: Containers are seen at the Yangshan Deep Water Port, part …

China

China is facing a mysterious happiness crisis despite booming prosperity

In the past 25 years, China's real GDP has exploded.<p>By 2012 almost all Chinese urban households owned a color TV, washing machine, and refrigerator, and GDP had increased had increased by a multiple of 5, according to the 2017 World Happiness Report, an annual ranking by the United Nation's …

Citic Bank expresses concern over HNA debt repayments | Financial Times

Citic Bank has expressed concerns over HNA Group’s current ability to repay debts even as the Chinese airlines-to-finance conglomerate announced a …

China

Ford to shift midsize sedan production out of Mexico: sources

(Reuters) - Ford Motor Co has told suppliers it plans to shift production of midsize Fusion and Mondeo sedans out of Mexico and Spain in 2020 and move it to China, three sources said on Wednesday.<p>FILE PHOTO - The Ford logo is seen at the International Auto Show in Mexico City, Mexico November 23, …

Mexico

Russia urges India to line up behind China's Belt and Road initiative

© Reuters. Russian Foreign Minister Lavrov Indian Foreign Minister Swaraj and Chinese Foreign Minister Wang Yi shake hands before the start of their …

China's overseas investments still have large growth potential - state planner

<i>0</i><p>Recent Alerts<p>Sign up to create alerts for Instruments, Economic Events and content by followed authors<p>Free Sign Up<p>Already have an account? Sign …

China pushing billions into Iranian economy as Western firms stall

© Reuters. FILE PHOTO: Iranian Foreign Minister Mohammad Javad Zarif and Chinese Foreign Minister Wang Yi attend a news conference after a bilateral …

China’s ‘going global’ enters new phase, with western firms starting to benefit from Chinese scale, innovation

Seventeen years after China launched its “going global” strategy to encourage domestic firms to invest more abroad, a new trend has emerged, with …

S&P warns China’s HNA Group over ‘aggressive’ financing | Financial Times

Rating agency S&P has warned that HNA Group’s aggressive financing structures are damaging its creditworthiness, adding to a chorus of concerns about …

China

Chinese car company Chery eyes Indian markets; might get help from Tata Motors

India dents UK trade hopes with lapsed deal | Financial Times

The UK has become the latest country to lose a key investment deal with India after New Delhi let it lapse just days before Philip Hammond, Britain’s …

Great Britain