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Search resuls for: "Fufeng Group"


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Declining foreign investment and a prolonged property slump are just some of the issues that have put pressure on the Chinese economy — and stock market. We're still relatively underweight China, but we've been reducing that underweight [as] some of the stocks there have become really, really cheap." China Market Research Group's Shaun Rein agrees. "If you're a multinational, if you're looking to drive growth over the next three to five years, the next China is China. Shares in Fufeng are held in the iShares MSCI China Small-Cap ETF , while Xinyi Glass shares are held in the Franklin FTSE Hong Kong ETF and SPDR S & P China ETF .
Persons: Kamil Dimmich, CNBC's, we've, Shaun Rein, it's, Salomon, Arc'teryx, Dimmich Organizations: Shanghai, South Capital, Research, Amer Sports, New York Stock Exchange, Stock, Fufeng Group, Ford, General Motors, Hong Kong Stock Exchange, Xinyi, Franklin FTSE, Franklin FTSE Hong Kong ETF Locations: China, It's, India, Vietnam, Franklin FTSE Hong
A group of Chinese citizens living and working in Florida sued the state Monday over a new law that bans Chinese nationals from purchasing property in large swaths of the state. The suit says the law unfairly equates Chinese people with the actions of their government and there is no evidence of national security risk from Chinese citizens buying Florida property. The number of states restricting foreign ownership of agricultural land has risen by 50% this year. Foreign land ownership has become "a political flashpoint," said Micah Brown, a staff attorney for the National Agricultural Law Center at the University of Arkansas. Brown said the recent surge in state laws targeting land ownership by foreign entities stems from some highly publicized cases of Chinese-connected companies purchasing land near military bases.
WASHINGTON, May 5 (Reuters) - Buying land near eight U.S. military bases could become more difficult for foreign companies and citizens under a Treasury Department rule proposed by the Biden administration on Friday. Grand Forks Air Force Base houses air and space operations and includes a unit that operates military drones. The Air Force, Republican senators and community members voiced opposition to the real estate deal. The Grand Forks City Council in February voted to terminate its development agreement with Fufeng, preventing it from building the mill. North Dakota Senator Kevin Cramer welcomed news of the proposed rule, which could have blocked the land sale to Fufeng.
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