chinadaily.com.cn
    left corner left corner
    China Daily Website

    'China threat' theory remains despite Nexen deal

    Updated: 2013-02-27 08:35
    ( Xinhua)

    BEIJING - The China National Offshore Oil Corp. (CNOOC) said Tuesday it has closed a $15.1 billion deal to acquire Canada's Nexen Inc.

    However, the biggest overseas acquisition by a Chinese company hardly meant the end of the theory of "China threat" in the area of investment.

    In fact, closing the deal with the Canadian energy group was not an easy job because approval was delayed twice thanks to the so-called "China threat."

    In addition, although giving its go-ahead to the transaction, the Canadian government tightened the criteria for the purchase of Canadian companies by foreign firms, particularly in the oil sands sector.

    Political reasons are a main obstacle for Chinese companies to invest in foreign lands.

    The Rhodium Group, an American consulting firm specializing in contextual analysis of macroeconomic tends in Greater China, said in its latest report that national security concerns were an important factor in affecting China's investments in the U.S.

    "The Committee on Foreign Investment in the U.S. (CFIUS) has interfered with several deals, and firms have seen their business diminished by intervention from U.S. government officials, members of Congress and the security community," it said.

    Due to cultural and ideological differences, it is more difficult for Chinese companies to invest overseas than their Western counterparts. The Chinese firms need to draw lessons through various acquisitions, failed or successful, and make themselves more adaptable to the situation.

    The Chinese firms, suffering a series of scuttled deals in the U.S.,have gradually learned to cope with the country's political and supervision systems, said an essay in the Wall Street Journal.

    Those firms, in an effort to avoid conflict with U.S. regulators, are going after smaller investments and aiming for joint ventures or less formal partnerships rather than all-out acquisitions, it said.

    Chinese capital, while hitting barriers in the U.S., was welcomed by European companies yearning for markets and investment.

    The Rhodium Group report said Europe has attracted twice as much investment as the U.S. from Chinese investors in the past two years, driven mostly by commercial opportunities resulting from the fiscal and economic crisis in the Euro zone.

    The report said that China invested more than 5 billion dollars in EU transportation infrastructure and utilities through 2012, while the U.S. attracted close to zero investment in transportation infrastructure from China.

    One should realize that China's overseas investments are actually a win-win proposition. That's because China gains talent, technologies and products while the other side accesses China's big markets. The merits would ultimately breach the ideological prejudice.

    The business of business is business. Any government should stay sober-minded to separate business from politics when it comes to international trade and investment.

    8.03K
     
    ...
    ...
    ...
    自慰无码一区二区三区| 国产白丝无码免费视频| 精品人妻无码专区中文字幕| 国产资源网中文最新版| 亚洲人成无码www久久久| 色欲A∨无码蜜臀AV免费播| 国产品无码一区二区三区在线 | 最近免费中文字幕大全高清大全1| 成人无码精品1区2区3区免费看| 国产成人A亚洲精V品无码| AV无码人妻中文字幕| 亚洲免费日韩无码系列| HEYZO无码综合国产精品227| 无码中文字幕日韩专区视频| 亚洲中文久久精品无码ww16| 国精品无码一区二区三区在线蜜臀| 日本乱偷人妻中文字幕在线| 中文字幕av一区| 最近最新中文字幕| 久久精品亚洲中文字幕无码麻豆| 中文字幕无码久久人妻| 亚洲国产精品无码久久久久久曰| 播放亚洲男人永久无码天堂| 国产精品无码无需播放器| 久久精品aⅴ无码中文字字幕重口| 午夜不卡久久精品无码免费| 亚洲大尺度无码无码专区| 中文字幕无码第1页| 永久免费AV无码网站国产| 亚洲欧洲美洲无码精品VA| 亚洲国产精品无码久久98| 亚洲av福利无码无一区二区| 无码h黄动漫在线播放网站| 少妇无码一区二区三区| 国产产无码乱码精品久久鸭| 99热门精品一区二区三区无码| 国产麻豆天美果冻无码视频| 中文文字幕文字幕亚洲色| 91中文在线视频| 精品深夜AV无码一区二区老年| 在线a亚洲v天堂网2019无码|