RMB

China’s utilized foreign direct investment (FDI) in first six months of 2015 increases significantly over the same period in 2014. Chinese Ministry of Commerce (MOFCOM) expects solid FDI inflow results for 2015. China’s move to create incentives for traditional gas-powered hybrids may open opportunities for foreign car companies in China. Chinese outward FDI is on a path to exceed inward FDI. Tsinghua Unicom’s pursuit of Micron raises all kinds of anxieties. Chinese FDI dominates Myanmar investment scene. U.S. Federal Reserve Bank requires China Construction Bank to shape up it anti-money laundering rules. China’s Industrial and Commercial Bank of China promises to help Kenya realize new gains. Japan’s Mitsubishi Materials apologizes for use of slave laborers during Second World War and reports suggest it may offer compensation. Japan Tobacco International faces opposition in Taiwan to massive plan investment proposal. Indonesia remains Southeast Asia’s premier FDI destination, but faces challenges in reaching 2015 targets. Thailand attracts more investment projects in July, but value of investment falls

China’s State Council policy changes relating to renminbi (RMB) business for foreign banks raise interest. China’s National Development Reform Commission (NDRC) pushes Qualcomm for significant business practice changes. China’s State Council calls for new rules for foreign investment free trade zones (FTZs) planned for Guangdong, Fujian, and Tianjin. China adopts new policies designed to make it easier for Chinese companies to investment overseas. Chinese outward foreign direct investment (FDI) deals in Indonesia reveal potentially massive corruption. Chinese outward investors encounter problems relating to insufficient attention to local workers and the environment. Foxxconn’s decision to shutter Chennai phone plant leads to large worker protests. Uber runs into regulatory problems in mainland China, Taiwan, and South Korea.