Stock market quotes, forex, financial news, forex tools – money-investing.com

China cut investments in America and Europe by 70%

 Breaking News
  • Global demand for oil grows The International Energy Agency (IEA) has published a very interesting study. So, in the next five years, global oil demand will grow about 1 million b/d every year. This means...
  • Tesla to build its fourth factory Elon Musk said that the company was planning to build the first plant in Europe. The German capital has been chosen for this purpose. It will be the fourth plant...
  • Facebook Pay is new payment system of famous social network The well-known company Facebook has announced the launch of its own electronic payment system Facebook Pay. Through the company’s official blog, we have found out that the service will operate...
  • Amazon to open a new supermarket chain in the States Amazon, the largest US online retailer, already owns several supermarket chains. The first of them called Whole Foods was purchased in 2017 and cost $ 13.7 billion. The chain specializes...
  • Energy Market News Today, at 8 a.m. Moscow time, Brent crude futures rose $ 0.14 (or 0.23%) – to $ 62.32 per barrel. We recall that yesterday the asset price lost 0.53% ($...
China cut investments in America and Europe by 70%
January 14
13:00 2019

In 2018, China reduced the amount of investments in the US, Canada and Europe to a minimum over the last six years. The total investment has amounted to $ 30 billion. In 2017, the PRC invested about 111 billion US dollars in these regions, and in 2016 – 94 billion US dollars.
Foreign regulators have blocked more than 20 transactions with the Chinese investors.

The largest decline is being observed in the investments in the US economy. They have fallen by 80% to about $ 5 billion. For comparison, in 2016, it was invested $ 45 billion in the United States. Investments in Europe have fallen by 70% to the mark of $ 22 billion.
It is projected that in 2019 investments will decline, since the supervision of this area has already increased and will continue to increase in the near future.

In 2018, Chinese companies got rid of assets in Canada and the US, which total $ 23 billion. The funds withdrawal from these countries turned out to be higher than flows by $ 5.5 billion.
Previously, Chinese companies bought a variety of assets. Over time, the authorities began to stop it. So, HNA sold assets of $ 17 billion, Anbang sold its hotel portfolio worth about $ 10 billion to the Chinese.

At the same time, the number of December investments in China increased by a quarter relative to the same period last year. The amount of funds raised amounted to 13.5 billion US dollars.
The annual volume of investments in the PRC has increased by almost 1% and amounted to 885 billion Yuan.

The material was prepared with the participation of Anjela Chromova,
a leading analyst of the brokerage company CT Trade

Related Articles

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment