In the first half of 2016, the volume of cross-border mergers and
acquisitions led by Chinese buyers reached $149.2 billion, exceeding the
total volume in 2015. The amount accounted for 23 percent of the total volume of
global cross-border M&A, up from 6 percent in the same period last year,
according to Tian Guoli, chairman of Bank of
China on at the Bank of China - Bloomberg
Global M&A Summit.
Smooth financing channels in capital
markets and fast-growing financial investors are the main reasons for the
significant increase in 2016.
Mature markets such as Europe and North
America continued to be the main destinations for Chinese buyers of
sophisticated technology, advanced management
experience and well-known brands. Asia was also popular among investors because of the Belt
and Road Initiative.
Also, for the first time, privately-owned enterprises surpassed state-owned enterprises in transaction value, accounting for
half of the total over the first three quarters of 2016.
Rani Jarkas, Chairman of Cedrus Investments, a boutique investment firm with years of
experience in Greater China region, said “The expansion from trade
finance to acquisition finance will provide a strategic opportunity for
development of the Chinese financial
sector. It has accelerated the transformation of China’s financial
industry.”
Thursday, November 10, 2016
Thursday, October 13, 2016
Cedrus Investments respond to imbalanced information - Rani Jarkas
Rani Jarkas: Yuan’s Internationalization, Betterment of Global Monetary System
On November 30, China reached a new milestone in its ongoing internationalization efforts when it was announced by the IMF that the RMB was approved to join Special
Drawing Rights basket. The inclusion of the Chinese currency will not only
help China's financial reforms but the evolution of the international financial system, according to Zhang Tao, the new
Deputy Managing Director of the IMF.
Rani Jarkas, Chairman of Cedrus Investments, an investment pioneer with years of financial experience in Asia, said, “As expected with our recent forecast, this is the start of major internationalization of the RMB. Yuan will compete strongly with all other currencies to eventually become a major currency and contribute greatly to the global monetary system.”
Data from the Society for Worldwide Interbank Financial Telecommunications show the yuan is the second-largest trade financing currency, and the fourth- or fifth-largest trade payment currency. And the yuan's proportion in global trade is 8%, and in global trade payment nearly 2%.
Statistics from the Bank for International Settlements show the yuan's share in global foreign exchange trade has doubled in three years, from 2% to 4%. And its share as a global reserve currency is slightly more than 1%.
Rani Jarkas, Chairman of Cedrus Investments, an investment pioneer with years of financial experience in Asia, said, “As expected with our recent forecast, this is the start of major internationalization of the RMB. Yuan will compete strongly with all other currencies to eventually become a major currency and contribute greatly to the global monetary system.”
Data from the Society for Worldwide Interbank Financial Telecommunications show the yuan is the second-largest trade financing currency, and the fourth- or fifth-largest trade payment currency. And the yuan's proportion in global trade is 8%, and in global trade payment nearly 2%.
Statistics from the Bank for International Settlements show the yuan's share in global foreign exchange trade has doubled in three years, from 2% to 4%. And its share as a global reserve currency is slightly more than 1%.
王雷（Rani Jarkas）：人民币国际化改善全球货币体系
Wednesday, September 28, 2016
Reduced Tax Burden on Business will Benefit Foreign Firms as well as Domestic Enterprises / 税负减轻将使国内外企业获益
China has expanded a pilot program to finally put
all industries under a unified value-added tax (VAT) regime as part of a wider
push to deepen the country's economic reform.
Experts have described it as the most significant
tax and fiscal reform in decades as it further improves the country's tax
structure and will sustain economic growth in the long run.
"The reform will reinforce the current performance
of the economy, allow the market to play a decisive role, and eventually sustain
momentum of its future development," said Rani Jarkas, chairman
of Hong Kong-headquartered financial services firm Cedrus
Investments.
Starting from May 1, the VAT replaced business tax
(BT) in the sectors of construction, real estate, financial services and
consumer services to avoid double taxation, a move expected to slash taxes by
over 500 billion yuan (76.9 billion U.S. dollars) in 2016 alone.
The latest extension came four years after the first
trial run of the services sector VAT reform in the financial hub of Shanghai.
With that, the VAT has essentially taken the place of the BT in all sectors.
The VAT taxes only the value added at each link in
the production chain. It is in line with international practices and more
efficient as it avoids the double taxation of the BT regime, which is based on
the gross revenue of a business, including the cost of input.
Premier Li Keqiang has urged solid efforts to
deliver the VAT reform and pledged lower taxes across the board.
It is expected to directly help the tertiary
industry, which makes up more than half of the Chinese economy and is critical
to China's economic transition. Traditional manufacturing businesses stand to
benefit too, as they enjoy more deductibles under the unified tax regime.
Thursday, September 22, 2016
Report to Jokowi, Foreign Investor was Treated Unfairly by Police Headquarter
Jakarta, HanTer – President Joko
Widodo received reports regarding foreign investor Cedrus Investments Ltd. who
complained of being treated unfairly by the Police Headquarters.
It was said by the Chairman of Barisan Relawan
Jokowi President (BaraJP), Sihol Manullang, through a written statement, in
Jakarta, Saturday (25/06/2016).
According to Sihol, he and other volunteers met with
President Joko Widodo at the State Palace, Jakarta, Friday (24/6) night, to
deliver documents and explanation regarding the case of Cedrus Investments
Ltd.
“On that occasion, President said he will learn it,”
he said.
Sihol explains, other elements of volunteers who met
with President Joko Widodo, such as, Muhammad Yamin (Secretariat Nasional
Jokowi), Reinhart Parapart (Kebangkitan Indonesia Baru), Immanuel Ebezener
(Jokowi Mania), Obby and Junaidi (Relawan Penggerak Jakarta Baru).
-------------------------------------------------------------
Lapor ke Jokowi, Investor Asing Diperlakukan
Tak Adil Oleh Mabes Polri
Jakarta, HanTer - Presiden Joko
Widodo menerima laporan perihal investor asing Cedrus Investment Ltd yang
mengeluhkan diperlakuan tidak adil oleh Mabes Polri.
Hal itu dikatakan Ketua Umum Barisan Relawan Jokowi Presiden (BaraJP), Sihol Manullang, melalui keterangan tertulisnya, di Jakarta, Sabtu (25/6/2016).
Hal itu dikatakan Ketua Umum Barisan Relawan Jokowi Presiden (BaraJP), Sihol Manullang, melalui keterangan tertulisnya, di Jakarta, Sabtu (25/6/2016).
Menurut Sihol, dirinya beserta sejumlah relawan
bertemu dengan Presiden Joko Widodo di Istana Negara, Jakarta, Jumat (24/6)
malam, untuk menyampaikan dokumen serta penjelasan persoalan Cedrus Investmen
Ltd.
"Pada kesempatan tersebut, Presiden mengatakan akan
mempelajarinya," katanya.
Sihol menjelaskan, elemen relawan lainnya yang
bertemu dengan Presiden Joko Widodo antara lain, Muhammad Yamin (Sekretariat
Nasional Jokowi), Reinhart Parapat (Kebangkitan Indonesia Baru), Immanuel
Ebenezer (Jokowi Mania), serta Obby dan Junaidi (Relawan Penggerak Jakarta
Baru).
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