Page A13:
China attracted $8.13 billion in actual foreign direct investment in January 2010 up from a year earlier.
Actual FDI rose 7.8% in January increasing year to year for the 6th month in a row.
The figures suggest China's FDI is gradually recovering but a slowing levels, as the world's 3rd largest economy rebounds and global economies stabilize more than a year after the global financial crisis hit.
Page C7:
Hong Kong prepares for a Chinese Yuan world: "Shanghai is growing into a full-fledged international financial center and we are glad to see that happen." says Julia Leung, Hong Kong's undersecretary for financial service and the treasury and a key player in efforts to more closely bind Hong Kong and China's financial systems.
Such views were expressed by a Fulbright Senior Scholar in Hong Kong in 1990 with a vision. That was history two decades ago but there is the common assessment.
Francis Shieh a.k.a. Xie Shihao, a guest lecturer at Lingnan College in Hong Kong from 1989-1990.
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