Go Go Net

046 669 021

0885 961 501

Пишете ни
Мнения: 110
Регистриран на: Пет Мар 23, 2018 11:21 am

Salomon Snowcross Mens

Мнениеот Zhuyeqing | Съб Юни 23, 2018 8:59 am

by Xinhua Writer Jiang Xufeng

BEIJING, March 26 (Xinhua) -- Chinese companies' outbound investments might have raised their global profile, but have done little to alleviate fears of a capital flight.

For many years, inbound foreign direct investment (FDI) was important for China's exports and the growth of an economy that was labor-rich but capital-poor. Now, outbound direct investment (ODI) exceeds inbound FDI.

In 2016, the balance tilted further toward capital outflow. Non-financial ODI jumped 44.1 percent to 170 billion U.S. dollars, outstripping inbound FDI by more than 50 billion dollars, with Chinese investment finding its way to 164 countries and regions.


Not every investment project makes immediate sense. For example, why would a steel maker acquire a food company overseas?

"China has always encouraged overseas investment, but more needs to be done to ensure it occurs in a more rational manner," said Pan Gongsheng, head of the State Administration of Foreign Exchange (SAFE).

Some companies with high levels of debt have borrowed money to invest overseas and others have tried to transfer assets overseas in the name of outbound investment, Pan noted.

China has accumulated the world's largest stash of forex reserves. After the decline of the forex stockpile from a peak of around 4 trillion dollars to below 3 trillion dollars in January, regulators moved to crack down on illegal cross-border capital flow while reiterating that normal business will not be affected.

The Chinese yuan is not freely convertible under the capital account and outbound investment is subject to some controls. Record-filing will be the main means of managing outbound investment but authorities will continue to verify some projects in accordance with regulations.

Commerce Minister Zhong Shan earlier this month blamed the surge in outbound investment on febrile emotions, saying some "blind and irrational" investments require more regulation.

"Authorities are improving verification and compliance in overseas investment, but irrational outbound investment is a serious issue in real estate, hotels, film-making, entertainment, sports and other sectors," said Ren Gulong, partner at Beijing's Anjie Law Firm.

"Acquisitions of targets larger than the Chinese buyer and targets not related to the buyers' main businesses are also likely to be affected," said Ren, seasoned in overseas mergers and acquisitions.

China's central bank governor Zhou Xiaochuan earlier this month criticized overheated and hasty outbound investment in industries such as sports and entertainment which do little for China's economy.

Market observers have seen some projects terminated as investors failed to demonstrate they were genuine and reasonable.

Zhou Chao, vice president of the China-Africa Development Fund, said that despite speedy growth of the fund's investments, it has never had trouble moving money out of China, as all of their projects had passed authenticity and compliance checks.

The view is echoed by Ren. He has encountered few problems with projects in sectors conducive to industrial upgrading such as high-end manufacturing, high-tech, energy saving and environmental protection.


"Overseas mergers and acquisitions can be like a bunch of roses: they can prick with their thorns. Companies need to carry out thorough due diligence," said Pan.

"The emergence of speculative cases has grown at around the same rate as outbound investment itself," said Sun Lijian, director of the financial research center at Fudan University, adding that only timely supervision can curb some curious investments.

ODI in non-financial sectors during the first two months this year dropped 52.8 percent from last year, with more money flowing to manufacturing, IT and software sectors.

Companies must keep cool when facing overseas investment mania, and focus on technology, brand building and market access, cautioned Yang Bin of the Chinese Academy of Social Sciences.

La Nike Mo maximum un “Daring Red” donne prment ce que vous anticipez la silhouette de fournir. Aprs un dbut par OG rouquine adidas nmd xr1 schweiz , que Daring Reddish top sera contrast simplement Cheveux gris adidas nmd r2 schweiz , qui prennent souvent la rsidence dans le garde-boue de la sneaker. Stark blancs faits saillants de vin travers les cellules qui tapissent milieu adidas nmd city sock schweiz , semelle intermdiaire pharrell x adidas nmd hu trail schweiz , ainsi que l’impression Nike aider la mise hors tension adidas nmd mastermind cs2 schweiz , mme si les couleurs neutres respectueux de l’environnement d’impression Nike dans le dos rsidence talon automobile du coeur Partie. collections noir la semelle www.pharrellwilliamshu.ch , en ajoutant un peu de d.

Les femelles si vous apprciez Lilac adidas pharrell williams nmd schweiz , aprs que ce soit certainement besoin d’avoir votre groupe. La sneaker est faite partir d’un excellent haut synthtique habill tout en utilisant la commande hors ligne. Son rapport efficacement simplement forts reflets lilas dans le dos de recouvrement de talon perfor adidas pharrell williams hu schuhe , des cellules intermdiaires qui bordent adidas pharrell williams hu schweiz , ainsi que la dentelle lieu. Le vin blanc mi-semelle paisse donne d partit de ne pas avoir la noyade l-bas en haut de . Adrien Silva Portugal Jersey Benoit Costil France Jersey David Beckham England Jersey Andres Escobar Colombia Jersey Gil Brazil Jersey Divock Origi Belgium Jersey Nicklas Barkroth Sweden Jersey Sergio Busquets Spain Jersey Vicente Matias Vuoso Mexico Jersey Toni Kroos Germany Jersey

Кой е на линия

Потребители разглеждащи този форум: 0 регистрирани и 1 госта