Homepage / Currency / China is investing 9 times more into Europe than into North America, report reveals
House of Jack Gambling Establishment Review Today the web based retail icon became mixed up in scholar loan sector by itself because of a collaboration that have Wells Fargo What is the Certificate From Qualifications (COE)? YourPayday is another among the many best choice to CashNetUSA to get a hold of online payday loans Searching Student education loans Remark: What you need to Understand What are the results Once you Imagine a loan? Washington FHA Lenders Washington FHA Loan Recommendations 2022 You should make sure When deciding on web site to have an online payday loan Betebet Giriş Adresi 846betebet com Casino X Официальный Сайт Играть В Казино середине Онлайн House of Jack Gambling Establishment Review ASUS Dual GeForce RTX 4070 OC 12GB GDDR6X 192 Bit Beyaz DLSS 3 Ekran Kartı Black Myth: Wukong Hediyeli Казино 1xbet Играть Онлайн бесплатно%2C Официальный Сайт%2C Скачать Клиен Efes Bet Casino: Kazanmanın Garantisiyle Eğlencenin Adresi Efescasino Güncel Giriş Sitesi Türkiye’nin En Büyük Yazlık Konut Üreticisi новые Бонусы В Онлайн-казино За Июнь 2024 Лучшие Предложения ддя Игр Pin Up 306 On Line Casino Başlanğıc Qeydiyyat, Bonuslar, Yukl เข้าร่วมทดลองเล่นสล็อตในเว็บตรงของเราและรับประสบการณ์ที่สนุกที่สุ 2024-ci Ilin Daha əla Qumar Saytları ️ Azərbaycanın Top Onlayn Qumar Veb-saytları Slottica online casino oyunları Игровые слоты в 7к: окунитесь в мир азартных развлечений Kim Гјretiyor oyun makineler: zamanla test edilmiЕџ Гјreticiler yazД±lД±m Kim Гјretiyor oyun makineler: zamanla test edilmiЕџ Гјreticiler yazД±lД±m Online Gambling Enterprise Real Money No Down Payment: A Total Guide The Enjoyment of Online Port Gamings Dealing With Varicose Veins: Efficient Strategies for Relief and also Prevention Comprehending Phase 2 High Blood Pressure: Reasons, Signs, and also Treatment Affordable Essay Writing Service Bitcoin Gambling Enterprises: The Future of Online Gambling Instant Play Online Gambling Enterprise: All You Required to Know Online Slots Real Cash No Down Payment: An Overview to Free Rotates and Perk Uses Neteller Gambling Enterprises: A Comprehensive Guide to Safe and Secure Online Betting Online Online Casinos that Approve Neteller Online Casino Real Cash No Deposit: Play and Win Without Threat Blackjack Gamings for Fun: A Comprehensive Guide Online Gambling Establishments That Approve PayPal: A Full Overview Free Online Casino Games The Safest Online Gambling Sites Sugar Pills: What Are They as well as What Are They Made use of For? Why Are My Veins So Blue? Custom Term Papers – A Great Resource For Pupils Free Online Casino Slots A Review Play Free Blackjack Gamings Online: A Comprehensive Guide The Surge of Bitcoin Online Casinos: A Comprehensive Overview Leading Gambling Enterprises that Accept Mastercard: A Comprehensive Overview Top MasterCard Online Gambling Establishments: A Comprehensive Guide Just how to Detoxification Your Underarms: A Comprehensive Guide Discover the Enjoyment of Free Online Casino Site Games Leading Ports: A Comprehensive Guide to the very best Port Gamings What to Know When Playing a Slot Machine Online The Very Best Online Lending Application in Nigeria Free Online Port Games: A Comprehensive Guide Lidocaine Lotion: Makes Use Of, Benefits, and also Safety Details High Blood Pressure Migraine: Reasons, Symptoms, and also Therapy Online Casinos That Accept Neteller: A Convenient Repayment Choice for Online Betting Online Bitcoin Gambling Establishments: A Comprehensive Overview to the Future of Gambling The Benefits of Using PayPal for Gambling Enterprise Deposits What Is the Best Bitcoin Casino? How To Pick The Best Slots At Online Slot Machines Gambling enterprises cheat Mastercard: A Convenient and Secure Settlement Option Gambling Establishment Online Free: Everything You Need to Know Zenka Lending Application: Your Ultimate Guide to Rapid and Easy Borrowing Every little thing you Need to Find Out About Free Online Blackjack Discover the Thrilling World of Blackjack for Enjoyable Mastercard Online Casinos Online: A Comprehensive Overview Quick Individual Finances: Your Ultimate Overview Слоты на платформе Вавада – особенности и виды Официальные слоты в коллекции именитого kasino Азино777 Лучшие видеослоты в сертифицированном казино Вавада Игра в слоты Вавада с выплатой выигрышей: наслаждайтесь игрой и победами Появилось Объяснение Назначению Немировски На Пост Наставника Сборной Казахстана Хоккей Cash Advance Loans for Blacklisted: What You Required to Know 22bet App Ios És Android Mobil Verzió Letöltése 2024-ba Just How to Remain Erect for Hours: Pills, Tips, and also Natural Approaches Resmi Website Sinden Pin Up Turkey Online Casino Uygulamasını ️ Indiri 1win официальный Сай Базовые правила и условия игры в kazino online на настоящие деньги Ana amaç çevrimiçi kumarhane 7slots: önemli avantajlar ve kategoriler Как начать игру в казино онлайн на настоящие деньги 1win Apk: Um Melhor Aplicativo Pra Jogos De Cassino Aqui No Brasil” 1win Apk: Um Melhor Aplicativo Pra Jogos De Cassino Aqui No Brasil” Mostbet Azerbaycan Rəsmi Casino Giriş Və Qeydiyyat Mostbet A Миссди Ххк Cassino Online Operating System Melhores Jogos At The Bônu 1win Mali Site Officiel des Paris Sportifs et Casino Inscription 1xbet Aviator How To Play The Aviartor Game On 1xbet In Nigeri прохода 1win Официальный Сайт Букмекерской Конторы же Казино 1ви Скачать Пин Ап Казино%3A Мобильное Приложение Pin Up Be Laurence Escalantes online casino empire feels heat of US lawsuits 1xbet Paid For Over $836, 000 To A Player From Africa Казино Покердом Играть Онлайн Бесплатно%2C официальный Сайт%2C Скачать Клиен Бесплатные Игры Казино Слоты И Игровые Автомат “казино Pin Up%3A находимся Вместе К вожделенной Мечте Ücretsiz Slot Oyunları Silvergames’te Çevrimiçi Oynayın Mostbet Bookie: Legjobb Szorzók És Élő Fogadási Élmény Online Mostbet Login To Your Online Casino Personal Account In Bangladesh! Top 10 Best Online Gambling Dens In 2024 Tested & Approve Powerful casino tactics in 2024: 7 vital methods for athletes

Currency

China is investing 9 times more into Europe than into North America, report reveals

China is investing nine times more into Europe than it is into North America as policies force divergence, a report released this week reveals.

Chinese outbound foreign direct investment (FDI) has dramatically swung toward Europe in the first half of 2018 and its FDI into North America has dropped by a whopping 92 percent in the last year, from $24 billion to $2 billion, according to multinational law firm Baker Mackenzie.

In the first six months of the year, newly-announced Chinese mergers and acquisitions (M&A) into Europe were $20 billion compared to $2.5 billion in North America, while completed Chinese investments in Europe exceeded those in North America six-fold, at $12 billion compared to $2 billion.

Policy in both China and the U.S. is pushing this shift, as lawmakers act to protect their industries or prevent capital outflow. Amid increasing capital outflows in 2016, China tightened regulations over outward investments, cracking down on outbound FDI in the second half of that year.

Chinese firms have been divesting from North America at a rapid rate amid this tightening campaign, with $9.6 billion of completed divestitures in the first half of 2018 and another $5 billion pending, the report said. Europe also saw Chinese divestment, with some $1 billion of assets sold in that time frame and another $7 billion pending.

Meanwhile, U.S. regulators are beefing up national security investment screenings and developing a framework for stricter scrutiny of outbound technology transfer developed at home.

In a high-profile case, the Donald Trump administration placed a ban on Chinese telecoms manufacturer ZTE, enacted in response to the company violating sanctions on Iran and North Korea. But the White House lifted the ban three months later after ZTE nearly shut down, despite opposition from Congress, which has overwhelmingly deemed U.S. tech sales to the firm a national security threat.

“Policy is weighing on deal making,” said Rod Hunter, international trade partner in Baker McKenzie’s Washington, DC office. “For all the noise about CFIUS the past two years, we have recently seen more predictable reviews, and upcoming CFIUS legislation should not represent a major departure for Chinese buyers.”

CFIUS refers to the Committee on Foreign Investment in the United States, an inter-agency panel of the U.S. government tasked with reviewing the national security implications of foreign investments.

Still, he said, “It is no surprise that escalating Sino-U.S. trade disputes are impacting Chinese investments in the United States.”

Beijing and Washington are locked in a full-blown trade war, with each country currently holding tariffs over $34 billion worth of each other’s goods, and President Trump most recently threatening a new round of tariffs on $200 billion of Chinese products.

Trump cites America’s widening trade deficit with the People’s Republic as a key trigger for the conflict, while investors lament what they call China’s unfair trading practices, which include forced technology transfers, disproportionately limited market access and preferential state subsidies.

Meanwhile — and in response to Trump’s escalating trade war with the world, which has seen him impose sweeping tariffs on all foreign steel and aluminum exports without exception for close trading partners Mexico, Canada and the European Union — China and Europe have grown closer.

Beijing is working to woo Europe. In an annual meeting in Beijing, Chinese Premier Li Keqiang hosted EU leaders and stressed the need to uphold free trade and multilateralism. The joint communique issued at the meeting’s end affirmed both sides’ commitment to those principles, something they had failed to achieve in previous years.

In the statement, Beijing and Brussels submitted market access offers for the first time as part of investment treaty talks, and agreed to create a working group on WTO reforms.

While the rapid divergence in China’s outbound FDI figures is stark, it shouldn’t come as a surprise, said Thomas Gilles, chair of Baker McKenzie’s EMEA-China Group. “China is actively courting the EU with offers of reciprocal market access in an attempt to show foreign investment is not a one-way street, while trade relations with the U.S. continue firmly on a downward path.”

Still, the EU has echoed many of America’s concerns on China’s trade practices, and is working on its own national security-focused investment screening mechanism that would serve the entire bloc.

As the world’s second-largest economy, a thinning stream of money coming out of China, already showing early signs of slowing, could be largely detrimental to global growth. But Europe and other regions receiving more of it could see greater benefits.

Sweden was the top European destination for Chinese investment in the first half of 2018 with $3.6 billion, followed by the U.K. at $1.6 billion, Germany at $1.5 billion and France at $1.4 billion. Automotives, health and biotech, and consumer products and services have become the top recipients for Chinese FDI in both the U.S. and Europe.

Source: cnbc economy
China is investing 9 times more into Europe than into North America, report reveals

Comments are closed.