United States President Barack Obama selected Pittsburgh as the venue for this week's Group of 20 summit because it is a shining beacon of regeneration.

Chinese investors are always fascinated by market concepts and their latest favorite seems to be companies involved in developing networks that could get every "thing" connected.

Opportunities for Chinese investment in the United States are a significant part of US-China trade relations, US Secretary of Commerce Gary Locke said. Pittsburgh sees China support

China's charm for foreign investors has not waned despite the global credit crunch that dampened investors worldwide, according to a UN report on trends in foreign direct investment.

The securities watchdog yesterday gave seven companies the green light for initial public offerings (IPO) on the to-be-launched growth enterprise board (GEB) anticipating the turnaround in the bourses to help boost investor sentiments.