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Immigration Economy

CCB Launches Aircraft Leasing Business in Ireland
CCB Financial Leasing Corporation Limited (hereinafter referred to as "CCB Leasing"), a subsidiary of China Construction Bank, held an opening ceremony for its Irish subsidiary in Dublin on the 16th. This is the first overseas subsidiary established by CCB Leasing, which will conduct aircraft leasing business in Ireland, a global hub for the aircraft leasing industry.

Microsoft Invests $152 Million to Build New Campus in Ireland
European Commissioner for Economic and Financial Affairs, Pierre Moscovici, stated on the French radio station Europe 1 on Thursday that the reforms implemented by the Greek government are on track, and creditors will disburse the next tranche of 3 billion euros ($3.4 billion) in funds under the bailout program.

Cyprus Opens Its Doors to Chinese Entrepreneurs
According to foreign media reports, Cypriot President Anastasiades stated in an exclusive interview with Xinhua News Agency in China that Cyprus has opened its doors to Chinese entrepreneurs willing to invest and conduct business.

Economic and Trade Cooperation between Cyprus and China
The main topics of Cypriot President Anastasiades' visit to China include issues concerning Cyprus, bilateral cooperation, particularly in trade and economy, and relations between Europe and China.

Tuition Fees from International Students Become a Significant Source of Revenue for Portuguese Universities
According to Portuguese media reports, tuition fees for international students at various universities in Portugal generally range from 2,000 to 7,000 euros, with the majority of students coming from other Portuguese-speaking countries and Asian nations.

Hong Kong Will Play an Important Role in the Belt and Road Initiative
The Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, stated today that Hong Kong is the shipping center of the Asia-Pacific region, possessing a developed maritime and air transport and logistics network, along with international advantages in professional services such as trade and finance, making Hong Kong well-positioned to become a regional hub for the Belt and Road Initiative.

Hong Kong Immigration: The Launch of 'Shenzhen-Hong Kong Stock Connect' Is Only a Matter of Time
According to Hong Kong media reports, Laura Cha, Chairperson of the Financial Services Development Council of Hong Kong, stated in Shenzhen on the 20th that the stock exchanges of Shenzhen and Hong Kong have completed the design and technical system development for the Shenzhen-Hong Kong Stock Connect, and that its launch is now only a matter of time.

U.S. Softens Stance on Renminbi for the First Time in 3 Years
As reported by Hong Kong media on October 20, the U.S. Department of the Treasury stated in its semi-annual foreign exchange policy report on October 19 that the renminbi remains "below its appropriate medium-term valuation." The report notes that the "core factors" that have driven the appreciation of the renminbi in recent years still exist, such as a large and growing current account surplus and net inflows of foreign direct investment.

Singapore's September Exports Experience Unexpected Growth
On October 16, International Enterprise Singapore announced that Singapore's exports staged an unexpected recovery in September, driven by strong performance in electronics exports.

Sino-British Friendly Relations as a Driver of Economic Growth
According to a report by the British Daily Telegraph on the 18th, this week, Chinese President Xi Jinping will make a state visit to the United Kingdom, marking the arrival of a 'golden era' in Sino-British relations. Li Shufu, Chairman of Geely Group and an investor from China to the UK, believes that the friendly relations between China and the UK also serve as a new impetus for economic growth in both countries.

British Private Schools Favored by Chinese Investors
British media reports that Chinese investors are acquiring multiple British private schools to meet the enthusiasm for British education in the Far East.

Dominica to Enact Consumer Protection Legislation
On July 21, 2015, Dominican media reported that the Dominican official in charge of trade stated that the country will enact consumer protection legislation. Currently, the draft Consumer Protection Bill is being circulated for comments from relevant parties.



