Homepage / Currency / China is investing 9 times more into Europe than into North America, report reveals
Bewertungen zu Vulkanvegas Lesen Sie Kundenbewertungen zu vulkanvegas com 3 von 5 小柳商事株式会 Mostbet Türkiye mobil uygulamasını indi What to anticipate in VDR Providers Best Country To get yourself a Wife: Asia, Europe & Latin America Technology and Asylum Procedures Business Process and Digitalization How to begin Your Blog With no Investment Software For Modern Business Setting Up the Electronic Data Areas Legal Support and Advice Intended for Small Businesses The very best Virtual VDR Providers 9 Tips for Working With Teams in Different Timezones Korean Brides -mail Order Brides From Southern Korea Choosing a Data Place Antivirus Solutions — What to Look For within a Good Anti-virus Solution Best Alternatives of VPN Software New Step by Step Roadmap for Marijuana News Relationship With A Russian Mail Order Bride: Can It Develop Suitable Family? Steve Munger: These Primary Guidelines Made Me Effective In Life With Warren Buffett, Thought about All Three Guide To Choosing The Right Mailbox Order Star of the event Web Site In 2023 Few Wins $3 Million In Pennsylvania Lotto Scratcher, Strategies Trip Privately owned Internet Access Avast Review Powerful Deal Achievement Top Rated Free VPN Services Adaware Review – Is Adaware Review Right For You? Large 15 Best Countries To find a Spouse In 2023 Online dating services Reviews Ideal Legit Snail mail Order Bride-to-be Sites To Decide On In 2023 & Feedback Thailänder Brides Pleasant Thai Mailbox Order Wedding brides To Marry Thailänder Brides Get A Thailand Deliver Order Bride The principal Expenses Ukrainian Mail Order Spouse Cost Includes The Nations Just where Girls Have One Of The Best Lives, In Chart Romancescout: Your Information To On-line Relationship Evaluations, Recommendations Tes Ship Order Bride-to-be Discover A Overseas Spouse Across the internet Free With Jetbride Com Powerful Interracial Marriages Exquisite Interracial Lovers Exactly what the Best Online dating Websites? Very best Dating Web page Reviews – Find Your web Soul Mate Ways to Create Online dating sites Profiles Long Relationship Suggestions Long Relationship Suggestions How to begin a Successful Wife Search Getting married to a Russian Child The right way to Meet Delightful Ladies Around the World To recognize Know About Ukrainian Single Girls Dating The Different Types of Sugar Daddies The key benefits of Dating a Latina Top 5 International Dating Sites Russian Women Seeking Men Overseas Cookware Interracial Lovers and the Backlash Against All of them Getting the Marriage License and Wedding ceremony Done Correct How to pick the Best Web based Marriage Company Flirting Tips For Timid People Delightful Interracial Lovers Crucial Russian Females Dating Suggestions for Men Steps to create the Most of Dating An individual From Another Country Web based Top five Romantic Honeymoon Destinations Just what Soulmate? Web based Relationships Suggestions The Challenges of Dating An individual From A further Country Setting Expectations just for Online Sugar Daddy Arrangements Marital relationship License and Ceremony Why Are Latinas Heated? Getting Foreign Bride-to-be Tips on how to Propose — What’s the Best Way to Say “I Do”? Is usually Your Long Distance Marriage Moving Too quickly? Dating Etiquette — The Modern Rules of Seeing A Quick Guide to the Use of NLP in Chatbots Building Trust in Human relationships Les mariages interracials les plus réussis sont ceux basés sur l’amour & le respect Browsing through Cultural Differences in Asian Human relationships How you can Have a cheerful Marriage The right way to Fix a Relationship With out Hurting Your companion How to Spice Up a lengthy Distance Relationship The main advantages of Online Dating What is the Best Female Race to Marry? Western european Women Stereotypes Why Asian Girls Like Bright white Guys How to Succeed in On the web Relationships Top 5 Online Connections Tips Top 5 Online Connections Tips Leading Countries With Best Foreign Brides Powerful Interracial Relationships Asian Wedding Icon Meanings Where to Find a Deliver Order Star of the wedding Wedding ceremony Traditions in Ukraine For what reason Asian Girls Like Light Guys Asian Brides Via the internet Tips on how to Propose – What’s the simplest way to Say “I Do”? 5 Latina Wedding party Traditions Will possibly not Have Dreamed about When should you Stop Online dating Other People in Online Dating Latina Relationship Interaction Styles How to Find a Bride On line Good Interracial Relationships Oriental Wedding Practices Top five Online Relationships Tips The right way to Meet Overseas Woman and Create a Longer Distance Romantic relationship Where to Meet Latina Mail Buy Brides Where to get a Hot Asian Star of the event


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.