James Sullivan of JPMorgan advises investors to prioritize company-specific analysis over index investing in China. He highlights the need for bottom-up research due to the diverse nature of Chinese companies. Sullivan also discusses the challenges facing the Chinese electric vehicle industry.
Indonesian billionaire Sukanto Tanoto is planning a substantial investment of 11 billion yuan (US$1.5 billion) to establish a lyocell fibre plant in Shandong province, China. This investment comes shortly after Tanoto’s acquisition of Vinda International, a tissue-paper manufacturer, for US$3.3 billion. The new lyocell fibre plant, to be located in Jining city, will have an annual production capacity of 600,000 tonnes, reflecting RGE’s confidence in Shandong’s economic growth prospects.
