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Lockdowns at Home Paralyze China’s Global Investment
Derek Scissors 2022-07-26
Key Points
The Chinese government continues to say its outbound investment and construction are remarkably smooth despite COVID-19. Disclosures by Chinese firms unsurprisingly indicate otherwise—that lockdowns extended the pandemic-driven slump through the first half of 2022.
Certain commodities are partial exceptions. Oil and gas valuations have been driven up by high global prices. Chinese firms are chasing lithium and related opportunities in battery production. The potential for higher spending post-pandemic remains.
The US was previously concerned about Chinese acquisitions of American technology firms. This has all but stopped, but American investors are supporting technology development in China. The US has failed to take basic steps, such as finding out exactly where money is going.
| 이전글 | 최근 중국의 전력난 재발에 따른 리스크 요인 점검 | 2022-07-26 |
|---|---|---|
| 다음글 | “双碳”目标约束下应对气候变化的中长期财政政策研究 | 2022-07-25 |
