Make me your Homepage
    left corner left corner
    China Daily Website

    China's outbound direct investment set to rise

    Updated: 2012-12-15 09:14
    (Xinhua)

    HONG KONG - The process of rebalancing China 's external investment portfolio will increase the country's global direct investment assets from $400 billion today to $1-2 trillion by 2020, Daniel Rosen, founding partner at Rhodium Group, an advisory firm focusing on China, and visiting fellow at the Peterson Institute for International Economics, said here on Friday.

    Addressing a luncheon held by the Asia Society Hong Kong, Rosen said China's burgeoning outbound direct investment is not an indication of "China taking over the world", but efforts by Chinese firms to catch up after decades of a growth model focused on domestic investment and exports.

    Rosen said the shrinkage of the investment-driven growth in China is giving Chinese companies a push and a reason to go out, looking for ways to remain profitable as their home economy starts to change and adjust.

    He said margins are a big problem for Chinese firms nowadays, given that the margins in manufacturing part of the global value chain are very thin, whereas the upstream including the research, design and branding, and downstream including distribution and retail, are where the margins lie.

    "They (the upstream and downstream) are not where China earn its reputation for being dominated," Rosen said, "and there are two ways to address that, you can either build it or you can buy it."

    Rosen said building is relatively hard for Chinese companies under the current economic and political environment in the country, while buying foreign firms is much easier. "That is why you are seeing such an extraordinary boom in China's outbound direct investment today."

    He expects China's total stock of direct investment around the world to go from $400 billion today to $1-2 trillion by 2020. On the other hand, the Hong Kong Monetary Authority forecasts the number to hit over $5 trillion.

    Take the American story as an example. Rosen said the country has got close to $25 billion in deals from China by the third quarter of 2012 since 2000, across 40 states and widely distributed over all sectors. "And 2013, I should think, is almost definitely going to blow 2012 out of the water".

    Rosen said the European story is almost exactly the same as American story, with the European Union slightly ahead of the United States in terms of value of transactions. "Europe and America are not really competing. It is not 'either or'; it is ' both' are going to see a really significant interest from Chinese investors going forward."

     
    8.03K
     
    ...
    蜜臀AV无码国产精品色午夜麻豆| 下载天堂国产AV成人无码精品网站| 人妻少妇无码视频在线| 自拍中文精品无码| 日韩成人无码中文字幕| 免费无码中文字幕A级毛片| 日韩欧美一区二区三区中文精品| 无码精品人妻一区二区三区AV| 亚洲自偷自偷偷色无码中文| 久久中文字幕一区二区| 亚洲AV永久无码精品一区二区国产| 亚洲精品成人无码中文毛片不卡| 最近中文字幕国语免费完整 | 精品国产aⅴ无码一区二区| 中文字幕久精品免费视频| heyzo专区无码综合| 亚洲国产精品无码久久一区二区| 久久男人中文字幕资源站| 中文字幕乱码无码人妻系列蜜桃 | 日韩精品真人荷官无码| 97无码人妻福利免费公开在线视频| 亚洲最大激情中文字幕| 亚洲毛片av日韩av无码| 国产高新无码在线观看| 国产午夜精品无码| 未满小14洗澡无码视频网站| 无码少妇一区二区性色AV| 18禁超污无遮挡无码免费网站| 无码人妻精品中文字幕免费东京热 | 亚洲精品欧美精品中文字幕| 人妻无码久久精品| 免费AV一区二区三区无码 | 夜夜精品无码一区二区三区| 久久无码人妻精品一区二区三区| 国产精品无码av在线播放| 国产热の有码热の无码视频| 精品人妻无码一区二区色欲产成人| 无码无套少妇毛多18p| 日韩AV无码精品人妻系列| 久久亚洲AV成人出白浆无码国产| 日韩人妻无码精品久久久不卡|