TORONTO — The future of Canada’s Ring of Fire, a remote cluster of rich mineral deposits in northwestern Ontario, is looking increasingly dim as the finances of its biggest private investor, Cliffs Natural Resources Inc, have taken a turn for the worse.
Crouched in swampy lowlands and named for a Johnny Cash song, the 4,000 sq km zone has no rail lines, highways or reliable power. Political leaders say the Ring of Fire could support a century of mining, but the cash-strapped government has yet to commit infrastructure funds.
BEIJING and FAIRFAX COUNTY, Virginia — A secret multi-million-pound deal to carve up China’s insurance market, brokered by the daughter of the country’s former prime minister, has been sent to anti-corruption investigators.
The deal guaranteed Zurich Insurance, one of the world’s largest financial institutions, a hugely lucrative stake in a major Chinese insurance company at a time when foreign companies were barred from investing in the sector.
By Jiang Zhang:In the midst of scandals involving North American-listed Chinese companies that came public via reverse takeovers (RTOs), Investor's Business Daily published an article titled The 6 Rules For Successful Investing In Chinese ADRs, which identified the risks involving in Chinese ADR investing and presented 6 key questions that investors should address for successfully investing i
China Investor submits: The Problem with Chinese Reverse Mergers Listed in the US I visit this site often and enjoy reading the articles on Chinese companies, but I do not understand why there is so much focus on sketchy Chinese reverse merger (RM) companies.
Tony Daltorio submits:Since 2007, more than 150 Chinese companies have been listed in the United States through reverse mergers or backdoor IPO listings. These types of listings happen when Chinese firms merge with a U.S. publicly traded shell company. Many of these listings are found on less regulated stock exchanges such as the Pink Sheets, the OTC Bulletin Board and NYSE AMEX.
China Play Stocks submits:
As incomes raise, Chinese consumers are acquiring expensive tastes for luxury brands and high-end fashion items. You can benefit from their increased consumption of such products by investing in the companies that produce them. Be aware that, much like the products they sell, many of these company stocks are expensive (on a P/E basis) as well. But, I don't believe that the China story is fully reflected in these stock prices, lofty as they may be.