Tag: China



Over 800 HSBC Jobs Cut as Birmingham Move Gets Ever Closer

HSBC launches £10 billion lending fund
Posted on 17 May, 2016 by Chris Grigorovsky under Business News, Economy

With HSBC set to make Birmingham the home of its UK retail services, it has since begun laying off 840 of its IT staff. The first phase of restructuring, which aims to cut 8,000 jobs in the UK by the end of 2017, will see Sheffield suffer the most,... Read More

Bristol becomes Key Investment Portal for China’s ‘Silicon Valley’

Bristol becomes kay investment portal for chinas silicon valley
Posted on 12 April, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

A major new development initiative has been announced between Bristol and Chinese city Guangzhou, strengthening the business partnership substantially. The Terms under a new Memorandum of Understanding, which was signed at the Mansion House in Bristol... Read More

Opportunities Can Still Be Found Despite China Growth Slowdown

Opportunities Can Still Be Found Despite China Growth Slowdown
Posted on 8 February, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

Despite business confidence in China on a substantial slowdown, West SMEs who seek connections with Chinese markets are being urged to persevere by West China bureau. The newly appointed Director of Market Insights at the West of England China Bureau,... Read More

China’s Capital Flow into UK Commercial Property to Exceed 2015 Levels

China’s Capital Flow into UK Commercial Property to Exceed 2015 Levels
Posted on 2 February, 2016 by Chris Grigorovsky under Business News, Commercial Developments, Economy, Industry News

With a fairly stagnant investment flow in the summer last year due to the volatility of the Chinese financial market, Chinese investors returned to London in Q4 2015 with a total of £900 million within the capital and £1.4 billion outside it. This interest... Read More

2016 to be Toughest Year since Financial Crisis George Osborne will Warn

Commercial property debt at its lowest in 10 years
Posted on 7 January, 2016 by Chris Grigorovsky under Economy

With 2016 under way, the serious threat of a slowing global economy will give the UK a "Cocktail" of serious threats, Chancellor George Osborne will warn. In a report by the BBC, it said that Mr. Osborne told them the economy was far from "mission... Read More

Government Failed to Combat Suffering UK Steel Industry

Government failed to combat stuffering UK steel industry
Posted on 21 December, 2015 by Chris Grigorovsky under Business News, Economy, Industry News

A committee of MPs has said that the government took "Little action" and were not alert enough regarding the impact of collapsing steel prices, as well as failing to push for EU action on Chinese imports, according to an article on the BBC. There have... Read More

China forecast to become World’s Largest Retail Market by 2018

Posted on 15 February, 2015 by Chris Grigorovsky under Business News, Economy

According to new research, China is set to become the largest retail market in the world by 2018, overtaking the United States. A joint report from PwC and Economist Intelligence Unit forecasts that the sales volume growth in China will be at 7.9 per... Read More

Chinese Commercial Property Transaction Values at a Three-year Low

Posted on 22 December, 2014 by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

In the first 11 months of this year, the transaction value of commercial properties in China fell to a three-year low. Yung Ching Realty Group has attributed the decline to a move by several life insurers to focus on overseas property markets. Yung Ching,... Read More

Dalian Wanda IPO could raise $6 Billion

Posted on 5 December, 2014 by Jodee Redmond under Worldwide Property News

The fourth-richest man in China, plans to raise up to $6 billion with the initial public offering (IPO) of shares in Dalian Wanda Commercial Properties Co. Ltd. Wang Jianlin has a net worth of $13.2 billion and has increased his holdings from 21 Wanda... Read More

Japan Leader in Expectations for Commercial Property Growth: New Survey

Posted on 13 November, 2014 by Jodee Redmond under Business News, Commercial Developments, Commercial Sales and Lets

The results of Quarter 3, 2014 Royal Institution of Chartered Surveyors’ (RICS) Global Commercial Property Monitor have been released, and Japan is on top when it comes to expectations of growth in commercial property values and rents. The survey also found... Read More