Daniel Rosen News
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State leaders are ignoring the anti- China rhetoric from the U.S. Congress and presidential candidates as they pursue investments by companies in the world’s second-largest economy at a pace that may accelerate.
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The Chinese entrepreneur and the Peruvian shopkeeper have never met. Yet Li Shiping’s dream of riches and success in China is uprooting Victor Raul Ancieta’s village 18,000 kilometers (11,000 miles) away in the Andes.
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China’s worldwide search for copper begins in the gnarled hands of 76-year-old Yang Caiguan, who is fiddling with the cables of his digital television tuner.
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Anshan Iron & Steel Group , a Chinese steelmaker, ran into opposition for its proposal to invest in a Mississippi factory from U.S. lawmakers and a representative of competitors such as Nucor Corp.
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China’s banking regulator told lenders last month to conduct a new round of stress tests to gauge the impact of residential property prices falling as much as 60 percent in the hardest-hit markets, a person with knowledge of the matter said.
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China’s stress tests of banks will assess the risk that a possible slump in property prices may strain developers’ finances and cause homebuyers to default, a person with knowledge of the matter said.
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