China's Global Buying Spree - Risky Business - ChinaStakes.com
China's Global Buying Spree - Risky Business ChinaStakes.com, China Until recently, Chinese companies have been extremely reserved in their overseas investment strategy, focusing instead on internal projects and domestic acquisition targets. A number of failed high-profile international transactions, including the ... |
Source: chinastakes.com
Comments
Simon James, Gore Browne Investment Management, 2009-06-29 09:06:38
This is very interesting. First, it shows that we should not be too focused upon the Rio Tinto deal, and it does not even mention all the other direct investments in Africa. Second, it shows that China is diversifying its foreign investments away from the dollar and US Treasuries. Third this should discourage protectionist doom-mongers.