Via The TengriNews, an interesting article on China’s investment in Kazakhstan’s oil sector: The share of Chinese companies in the Kazakhstan’s Oil and Gas industry will exceed 40% in 2013, KazTag reports, citing an unidentified source. “According to some estimates, Chinese companies will have gained control of over 40% of Kazakhstan’s oil by the fall […]
Read more »Via The New York Times, a report on planned Chinese investment in Cambodia: Two Chinese companies have reached a deal to build a 400-kilometer rail line, a steel plant and a seaport in Cambodia, worth a combined $11.2 billion, in what would be by far the impoverished country’s biggest-ever investments. Cambodia Iron & Steel Mining […]
Read more »Via The New York Times, a report on a planned Chinese railroad through Laos: Laos has fewer than two miles of rail, linking the area of Vientiane, the capital, to Thailand, operated by the Thai government. Construction of a line that would link Vientiane to Kunming, China, is under consideration. Vietnam its nearly 2,000 miles […]
Read more »Via newgeography, an interesting look at China’s second tier cities: Recent media attention has focused on a slowdown in China. The actual state of play in China that should be watched, though, is rather different. While residents of first and second-tier cities such as Shanghai, Beijing and Shenzhen can still be seen holding Louis Vuitton […]
Read more »Via the Journal of Energy Security, a report on China’s efforts to focus on oil & gas opportunities in Central Asia: There is no question that if any country has experienced unprecedented economic growth over the past two decades, it is China. Since 2008, at a time when global economies recorded one of their slowest […]
Read more »Via WorldCrunch, an article stating that China’s middle class will triple in the next 10 years, according to a new report by the Boston Consulting Group(BCG). By 2020, it should have 280 million affluent consumers, representing 35% of the country’s consumption and 5% of the world’s total consumption. The report, titled The Age of the […]
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