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China eases curbs on foreign investments

  Bloomberg China has released plans to relax restrictions on foreign investment and make it easier for overseas companies to list on domestic markets, as Premier Li Keqiang pushes ahead with efforts to open up the world’s second-largest economy. The government will ease overseas investment curbs on banking, securities, futures, mutual funds and insurance, according to measures approved by Li ...

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Rio, Aluminum Corp of China end joint venture

  Bloomberg Rio Tinto Group and its largest shareholder Aluminum Corp. of China have terminated their joint venture established to find copper deposits, as global mining companies tighten exploration budgets. Chinalco Rio Tinto Exploration Co., a joint venture between Rio and Aluminum Corp., also known as Chinalco, was launched in 2011 to seek out deposits in China and had plans ...

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Optimism reigns in India as CEOs, consumers look beyond China

  Bloomberg Prime Minister Narendra Modi has something to cheer about even as economists slash India’s growth forecasts. A clutch of studies and surveys published around the World Economic Forum show that perceptions about India’s outlook are improving, closing the gap with China. The results will be heartening for Modi, who’s under fire at home for his shock currency withdrawal ...

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