China Economy Forum

[cnleio]

What weapon? The British military has been lagging behind the rest of the top players since the 90s, owing to their declining economy.

Rolls-Royce EJ-200 jet engine

If China get 2x EJ-200 for SAC J-31 stealth fighter, it will be awesome !!!

 

[cirr]

Greece, China sign $4.6 bn in trade, investment deals



9 hours ago


Greece and China on Thursday signed over a dozen trade and investment deals worth some $4.6 billion (3.4 billion euros) as Chinese Prime Minister Li Keqiang began a three-day official visit.


"Greece can become China's gateway in Europe, and the start of a European trade corridor," Greek Prime Minister Antonis Samaras said at a joint press conference with Li.

Athens seeks "to bring China even closer to Europe," Samaras said.

The deals included multi-billion-dollar Chinese bank loans to build at least 10 Greek-owned ships in Chinese shipyards.

There are also agreements on the construction of solar energy parks in Greece, and trade deals involving marble, granite, wine and olive oil.

"Cooperation between Greece and China is always mutually beneficial," Li said, adding that Beijing would also take an interest in new Greek bond issues expected later this year.


Chinese Prime Minister Li Keqiang (L) waves at the Maximos Mansion in Athens before his meeting with …

"When the Greek government issues bonds, China will continue to be a long-term, responsible investor," Li said.

Greece in April returned to borrowing in the markets for the first time in four years with a five-year bond sale worth 3.0 billion euros. It is expected that more bond issues will follow.

With Greece now on the path to recovery, Li's three-day official visit to Athens marks Beijing's renewed interest in investment prospects up for grabs.

Chief among them is a 67-percent stake in the Piraeus port authority, the largest in the country.

Chinese transportation giant COSCO, which already has a major foothold after having won in 2008 a 35-year concession to expand the two main container terminals at the port, is a favourite to win the deal.

On Friday, Li is scheduled to travel to Crete, where the airport of Kasteli has been cited as a potential investment target for China.

Overall a dozen ports, including in Greece's second-largest city Thessaloniki, are also to be privatised under a state asset programme mandated under the country's EU-IMF debt rescue.

The last visit by a top Chinese official to Greece -- then premier Wen Jiabao -- was in 2010, at the start of the European country's crippling economic crisis.

The selection of COSCO in 2008 to expand the container terminals at Piraeus made waves, but subsequent efforts by the Greek state to secure Chinese investment -- including in public railways and the Athens airport -- saw little success.

But with the spectre of Greece going bankrupt and a breakup of the euro receding, Chinese investors have begun to show renewed interest.

Earlier this year a group including Chinese conglomerate Fosun was selected to lead a 6-billion-euro ($8.1 billion) redevelopment of the old Athens airport of Hellinikon into a housing and leisure complex.

Greece, China sign $4.6 bn in trade, investment deals - Yahoo News

 

[Al Bhatti]

18 June 2014

It's a deal: China agrees deal with the Government to design and run nuclear power plants despite concerns about national security

• Deal signed yesterday by China's premier Li Keqiang on visit to Britain
• State-owned nuclear firms will be able to control power plants in UK
• China will also invest massively in HS2 rail link and other infrastructure

China is to be allowed to design, own and operate a new generation of nuclear power stations in Britain despite concerns about the implications for national security.

A deal signed yesterday during a visit by China’s premier Li Keqiang will let Chinese state-owned nuclear firms control British power plants if they meet the requirements of regulators.

Mr Li and David Cameron also agreed that the £50billion HS2 high-speed rail project could involve massive Chinese investment. China says it wants to pour money into major UK infrastructure projects and has signed £14billion in trade deals to mark the premier’s three-day visit.

Mr Li is accompanied by dozens of Chinese business leaders eager to discuss investment in areas such as energy where China has faced opposition elsewhere in the world.

The Chinese premier is said to have demanded to meet the Queen although it is relatively unusual for her to receive world leaders who are not heads of state.

Yesterday she welcomed him to Windsor Castle where they were joined by the Duke of York in the White Drawing Room. Later he went to Downing Street for lunch with the Prime Minister and business leaders where he was served a Chinese-themed menu including claypot chicken in a savoury sauce with shiitake mushrooms.

One major deal is expected between BP and China’s National Offshore Oil Corporation worth about £11.8billion over 20 years.

Negotiations to end a Chinese ban on imports of British beef and lamb, imposed in the 1980s during the BSE scandal, are also to take place. The state-owned China Development Bank is expected to invest in HS2 and the next generation of nuclear power stations.

Chinese firms are already heavily involved in a new £14billion Hinkley C reactor planned for construction in Somerset.

Yesterday, the UK and Chinese governments signed an agreement to co-operate on civil nuclear power that could be worth hundreds of millions of pounds to British companies.

A separate agreement stated that Chinese companies could own and operate a Chinese-designed nuclear power station here, if they meet the requirements of the UK’s independent regulator. However, the deal is likely to provoke controversy.

Some experts have warned against giving China a controlling stake in the industry on national security grounds, saying it would leave Britain at the mercy of the communist regime.

Mark Pritchard, a Tory member of Parliament’s national security strategy committee, said: ‘Chinese investment in the UK is very welcome, but we should always consider the national security implications when it comes to critical national infrastructure and sensitive technologies.’

Ministers, however, said investing in nuclear will both diversify the energy mixes of both countries while playing a role in tackling climate change.

The Prime Minister hailed the burgeoning trade links between the two countries, which he said was ‘central’ to the Government’s plan to revitalise the UK’s economy.

Chinese investment into the UK in the last 18 months than in the last 30 years, he added at a press conference in Downing Street.

‘Today we have signed deals worth more than £14 billion, securing jobs and long term economic growth for the British and Chinese people,’ Mr Cameron said.

‘Ours is truly a partnership for growth, reform and innovation. The figures tell the story - bilateral trade at record levels, our exports to China up 15 per cent in 2013, they have more than doubled in the last five years and at a billion a month, they are growing faster than France’s or Germany’s.’

Mr Li yesterday became the latest world leader to line up against Scottish independence when he backed a ‘strong, prosperous and united United Kingdom’.

He said China and the UK should view each other’s economic development 'as an opportunity'.

He added: 'We both believe that we should increase mutual political trust, engage in equal co-operation and accommodate each other’s core interests and major concerns to solidify the political foundation of bilateral ties.'


China agrees to design and run nuclear power plants despite concerns about national security | Mail Online

 

[cnleio]

In the Mediterranean, Greece is a important friend for China, another one is Israel.


Yes China company controlling the biggest port in Greece, it's 1st station China goods arrive in Europe.

"Greece can become China's gateway in Europe, and the start of a European trade corridor,"

How Chinese doing business ?

The deals included multi-billion-dollar Chinese bank loans to build at least 10 Greek-owned ships in Chinese shipyards.

 

[BDforever]

another one is Israel.

Greece, China sign $4.6 bn in trade, investment deals



9 hours ago


Greece and China on Thursday signed over a dozen trade and investment deals worth some $4.6 billion (3.4 billion euros) as Chinese Prime Minister Li Keqiang began a three-day official visit.


"Greece can become China's gateway in Europe, and the start of a European trade corridor," Greek Prime Minister Antonis Samaras said at a joint press conference with Li.

Athens seeks "to bring China even closer to Europe," Samaras said.

The deals included multi-billion-dollar Chinese bank loans to build at least 10 Greek-owned ships in Chinese shipyards.

There are also agreements on the construction of solar energy parks in Greece, and trade deals involving marble, granite, wine and olive oil.

"Cooperation between Greece and China is always mutually beneficial," Li said, adding that Beijing would also take an interest in new Greek bond issues expected later this year.


Chinese Prime Minister Li Keqiang (L) waves at the Maximos Mansion in Athens before his meeting with …

"When the Greek government issues bonds, China will continue to be a long-term, responsible investor," Li said.

Greece in April returned to borrowing in the markets for the first time in four years with a five-year bond sale worth 3.0 billion euros. It is expected that more bond issues will follow.

With Greece now on the path to recovery, Li's three-day official visit to Athens marks Beijing's renewed interest in investment prospects up for grabs.

Chief among them is a 67-percent stake in the Piraeus port authority, the largest in the country.

Chinese transportation giant COSCO, which already has a major foothold after having won in 2008 a 35-year concession to expand the two main container terminals at the port, is a favourite to win the deal.

On Friday, Li is scheduled to travel to Crete, where the airport of Kasteli has been cited as a potential investment target for China.

Overall a dozen ports, including in Greece's second-largest city Thessaloniki, are also to be privatised under a state asset programme mandated under the country's EU-IMF debt rescue.

The last visit by a top Chinese official to Greece -- then premier Wen Jiabao -- was in 2010, at the start of the European country's crippling economic crisis.

The selection of COSCO in 2008 to expand the container terminals at Piraeus made waves, but subsequent efforts by the Greek state to secure Chinese investment -- including in public railways and the Athens airport -- saw little success.

But with the spectre of Greece going bankrupt and a breakup of the euro receding, Chinese investors have begun to show renewed interest.

Earlier this year a group including Chinese conglomerate Fosun was selected to lead a 6-billion-euro ($8.1 billion) redevelopment of the old Athens airport of Hellinikon into a housing and leisure complex.

Greece, China sign $4.6 bn in trade, investment deals - Yahoo News

nice, hope with Chinese investment Greece economic condition reforms

 

[cnleio]

Any problem ? Both nations have good relationship in weapon tech exchange & trade.

 

[BDforever]

Any problem ? Both nations have good relationship in weapon tech exchange & trade.

you know we do not like them, it is a state terrorist

 

[Edison Chen]

18 June 2014

It's a deal: China agrees deal with the Government to design and run nuclear power plants despite concerns about national security

• Deal signed yesterday by China's premier Li Keqiang on visit to Britain
• State-owned nuclear firms will be able to control power plants in UK
• China will also invest massively in HS2 rail link and other infrastructure

China is to be allowed to design, own and operate a new generation of nuclear power stations in Britain despite concerns about the implications for national security.

A deal signed yesterday during a visit by China’s premier Li Keqiang will let Chinese state-owned nuclear firms control British power plants if they meet the requirements of regulators.

Mr Li and David Cameron also agreed that the £50billion HS2 high-speed rail project could involve massive Chinese investment. China says it wants to pour money into major UK infrastructure projects and has signed £14billion in trade deals to mark the premier’s three-day visit.

Mr Li is accompanied by dozens of Chinese business leaders eager to discuss investment in areas such as energy where China has faced opposition elsewhere in the world.

The Chinese premier is said to have demanded to meet the Queen although it is relatively unusual for her to receive world leaders who are not heads of state.

Yesterday she welcomed him to Windsor Castle where they were joined by the Duke of York in the White Drawing Room. Later he went to Downing Street for lunch with the Prime Minister and business leaders where he was served a Chinese-themed menu including claypot chicken in a savoury sauce with shiitake mushrooms.

One major deal is expected between BP and China’s National Offshore Oil Corporation worth about £11.8billion over 20 years.

Negotiations to end a Chinese ban on imports of British beef and lamb, imposed in the 1980s during the BSE scandal, are also to take place. The state-owned China Development Bank is expected to invest in HS2 and the next generation of nuclear power stations.

Chinese firms are already heavily involved in a new £14billion Hinkley C reactor planned for construction in Somerset.

Yesterday, the UK and Chinese governments signed an agreement to co-operate on civil nuclear power that could be worth hundreds of millions of pounds to British companies.

A separate agreement stated that Chinese companies could own and operate a Chinese-designed nuclear power station here, if they meet the requirements of the UK’s independent regulator. However, the deal is likely to provoke controversy.

Some experts have warned against giving China a controlling stake in the industry on national security grounds, saying it would leave Britain at the mercy of the communist regime.

Mark Pritchard, a Tory member of Parliament’s national security strategy committee, said: ‘Chinese investment in the UK is very welcome, but we should always consider the national security implications when it comes to critical national infrastructure and sensitive technologies.’

Ministers, however, said investing in nuclear will both diversify the energy mixes of both countries while playing a role in tackling climate change.

The Prime Minister hailed the burgeoning trade links between the two countries, which he said was ‘central’ to the Government’s plan to revitalise the UK’s economy.

Chinese investment into the UK in the last 18 months than in the last 30 years, he added at a press conference in Downing Street.

‘Today we have signed deals worth more than £14 billion, securing jobs and long term economic growth for the British and Chinese people,’ Mr Cameron said.

‘Ours is truly a partnership for growth, reform and innovation. The figures tell the story - bilateral trade at record levels, our exports to China up 15 per cent in 2013, they have more than doubled in the last five years and at a billion a month, they are growing faster than France’s or Germany’s.’

Mr Li yesterday became the latest world leader to line up against Scottish independence when he backed a ‘strong, prosperous and united United Kingdom’.

He said China and the UK should view each other’s economic development 'as an opportunity'.

He added: 'We both believe that we should increase mutual political trust, engage in equal co-operation and accommodate each other’s core interests and major concerns to solidify the political foundation of bilateral ties.'


China agrees to design and run nuclear power plants despite concerns about national security | Mail Online

100 years ago, can Chinese believe this?

 

[Backbencher]

China should be looking at investing in India now with the arrival of Pro China ie Narendra Modi .
China wished to invest 400 billion $$$ into the indian economy as part of the 1 trillion $ investment plans set by the government and there's no better time than now to invest its surpluses which will only grow .

 

[cnleio]

100 years ago, can Chinese believe this?

Everything has changed, the only not changed is the change.

118 years ago, collapsing Qing Empire PM Li (李鸿章) visited Great Britain Empire & Queen.
Li said: "天下不可端倪之物，尽在英伦！"

118 years later, PRC PM Li (李克强) visited United Kingdom & Queen.
Li said: "我们是和平鸽我们不称霸."

 

[cnleio]

you know we do not like them, it is a state terrorist

If let me tell a truth, Israel is a powerful small nation. Although China stay away from conflicts between Israel and Arab, many tech exchanges between China and Israel specially weapons development, it's a opened secret even American dislike it. Israel as a developed small nation there'r huge trades between both nations.

 

[kankan326]

Greece needs $. China has it. Match.

 

[Nan Yang]

Greece needs $. China has it. Match.

The birth place of Democracy bailed out by a Authoritarian dictatorship. How ironic.

 

[cirr]

The birth place of Democracy bailed out by a Authoritarian dictatorship. How ironic.

But China is far from an authoritarian dictatorship。

It is collective leadership that rules China。

 

[pigtaker]

you know we do not like them, it is a state terrorist

I don't think we have a good relation with them. They are just a chip we use to deal with US, so actually we harm their interest most time. It is india boast allies with them.