Investing

5 Strategies to Build Wealth

There are two kinds of people in the world — those who live their entire lives dreaming about being wealthy and those who put in the effort and do end up wealthy. If you want to build wealth, then you must stop daydreaming about it and start acting. Here are five strategies to build wealth ...

Armin Auctor

Two glasses of wine and snacks overlooking a mountain river.

Why You Should Start Gold Investment Now

As concerns about the state of the global economy increase, people often seek investment ways that will help them ride out any possible financial collapse. At present, the U.S.-China trade conflict and the increasing polarization in world politics present several risks to the stability of financial markets. To protect themselves from any negative fallout, people ...

Armin Auctor

A double eagle gold coin.

China’s ‘Thousand Charming Towns’ Turning Out to Be Not-So-Charming

The “Thousand Charming Towns” initiative was supposed to boost the infrastructure industry of China and help realize President Xi Jinping’s vision of urbanizing much of the country by 2050. The plan involved the creation of themed villages. For instance, the Asian Games Town was themed on the upcoming Asian Games to be held in Hangzhou in ...

Max Lu

JC Group's Crayfish Town.

Greece Blocks Major Chinese Investment on Cultural Grounds

The Greek Central Archaeological Council of Greece has blocked a Chinese project in the city of Piraeus that would have damaged the historically significant town. The decision is said to have put the investment project in limbo. Greece Blocking Chinese investments Piraeus is a port town located in Attica. It has had a significant role ...

Max Lu

Greek city of Piraeus.

China Passes New Foreign Investment Laws to Appease US

In a bid to end the trade war with America, China has passed a new foreign investment law that would address many of the U.S.’s concerns that triggered the conflict. The law was passed with an overwhelming majority, with the National People’s Congress voting 2,929 in support of it. Only eight votes were cast against ...

Nspirement Staff

How the Trade War Impacts Chinese Investments in America

The U.S.-China trade conflict has done significant damage to the global economy, stunting investments across the world. In America, Chinese investments have dropped steeply as a result. Beijing’s increasing restrictions on foreign investments have also affected the decline. Chinese investments According to the Rhodium Group consultancy, Chinese investment in U.S. assets was at the lowest ...

Nspirement Staff

Global trading.

How Chinese Money Messes Up Canada and Down Under

Receiving foreign investment sounds like a great thing for an economy. Unless you are Canada and are receiving a ton of Chinese money. The cash flow, part legal and part illegal, is reportedly causing a surge in property prices and particularly benefiting criminal organizations in Canada. Chinese money According to a report by The New ...

Nspirement Staff

Three wealthy Chinese women celebrating.

5 Things You Need to Know Before Applying for Personal Loans

If you are short of money but want to renovate your home, fund studies, buy expensive electronic equipment, or start a small business, personal loans are a great way to meet such expenses. According to estimates, more than 27 million Americans have taken out personal loans. First timers who plan on applying for a personal ...

Emma Lu

India Becoming a Better Destination for Foreign Investment Than China

While the past two decades of the 21st century saw the rapid rise of China into a global economic powerhouse, it seems as if its neighbor India is poised to repeat China’s success. With the current government relaxing Foreign Direct Investment (FDI) norms and surveys reporting huge business growth potential, the country’s economic rise over ...

Nspirement Staff

The Power of Compound Interest and Why It Pays to Start Saving Now

The power of compound interest is way underrated. This is because most people find it hard to deposit a principal amount only to receive the accumulated interest. Tracing its roots to 17th century Italy, it’s simply “interest on interest.” Basically, it is calculated on the principal amount and grows the sum amount at a more ...

Hermann Rohr