China will become the world’s largest source of outward Foreign Direct Investment by 2020, according to a new research report published in the Economic Times. Likewise, its total net assets will grow from the current level of 6.4 trillion USD to 20 trillion USD.
The research indicated that the country’s net asset growth will be driven by foreign reserves and portfolio investments, but China’s outward FDI in developed Western economies will increase too.
Specifically, China’s outward Foreign Direct Investment could reach as much as 2 trillion USD by year 2020. In comparison to its current 744 billion USD, outward FDI in 2020 will be increasingly driven by enterprise mergers and investments in innovative firms.
In the short span of 10 years, Chinese outward FDI has shot up from almost nil to an annual amount of 100 billion USD, making China the third largest source for outward Foreign Direct Investment today.
Source: view.inews.qq.com
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Keywords: Chinese outward FDI Chinese foreign direct investment
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These economic forecasts are about as reliable as a gambler predicting which horse will win
Jun 30, 2015 01:45 Report Abuse
lol "The flash HSBC/Markit PMI released last week showed factory activity unexpectedly dipped to a 11-month low in March as new orders shrank, pointing to persistent weakness in the world's second-largest economy." uk.mobile.reuters.com/article/idUKKBN0MQ0CF20150330?irpc=932
Jun 29, 2015 22:41 Report Abuse
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