China Investment

Chinese foreign investment takes a direct route

New priorities and lessons learned will shape China's approach to overseas investment in natural resources, although size will continue to matter.
<div style="text-align: left;">
Purchases of foreign firms such as Canada's Nexen have attracted too much controversy for China's liking
</div>
<div style="text-align: left;"> Purchases of foreign firms such as Canada's Nexen have attracted too much controversy for China's liking </div>

China’s outbound investment into resource and energy assets is likely to undergo a shift in form, direction and scale during the next few years. Nationalist resistance to earlier high-profile acquisitions and tougher regulatory inspection in traditional target countries, as well as a shift in domestic priorities, will determine new strategies.

“Although Australia and North America will remain the most important destinations for acquisitive Chinese companies and state-owned enterprises SOEs, other regions such as Africa and Central Asia should grow in prominence,” said Amy Cheng, vice-chairman of investment banking at Bank of China, in a panel discussion at this week’s Mines and Money conference in Hong Kong.

...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222