Foreign investors pile back into booming China

Foreign investors pile back into booming China

That shift could support China’s longer-term plans to expand domestic consumption and gradually liberalise foreign involvement in its industries even after it has cracked down on some of its biggest conglomerates and the outward capital flows they fuelled over the past decade.

Official data shows that foreign direct investment in China rose in October for the seventh straight month, jumping 18 per cent year on year to Rmb81.9bn ($11.8bn).

Wall Street is set to start trading in a new commodity – Water

Wall Street is set to start trading in a new commodity – Water

Climate advocates have warned in recent years for the potential of water wars as competition increases between needs from agriculture, energy and growing cities. Food production in particular could be vulnerable as drought makes it increasingly difficult to grow crops in many parts of the world and farmers balance water and land needs with protecting forest in places like Brazil’s Amazon.