Tighten control over China's investment in the United States

Tighten control over China's investment in the United States



5/27/2017 0:00

New York / Xinhua
showed the latest report on investment relations between the United States and China , the recent investment in the United States for the year 2016 increased three times the scale experienced in 2015, but they focused largely on industries such as real estate and Alziavh.odrepett Chinese investment in real estate record new, while investment in the fields of agriculture and US energy is still limited, according to the report released on Thursday.
And it sees the pioneers in the industry that would move, China has taken recently in the area of tightening controls on foreign investment, help to promote a healthier and more balanced investments in the United States.
He attributed the executives there is a combination of unbalanced industries to irrational and illegal outside the country 's investment activities, which Chinese authorities are working hard to reduce them.
Authorities noted cases of speculation and illegal transfer of assets and transactions of commercial fakes under the foreign investment cap.
Tu Guang Shao, vice chairman of the China Investment Corporation said there is "some companies are newly established, which did not produce anything, provide large amounts of foreign investment, while other companies with a small volume of capital recorded huge investments abroad."
He added that such investments had nothing to do with clearly the work carried out by companies, and therefore the necessary regulations to curb such activities are necessary.
In January, after a lucky "irrational tendency" in foreign investment, Chinese authorities have placed more stringent rules and recommended that companies take their investment decisions more carefully.
Ban said Gong Xing, director of the State Administration of Foreign Exchange in China: The merger and acquisition activities abroad - like "Rose with thorns", pointing out that business companies need to "be careful."
After half a year, it achieved the most stringent supervision already positive results.
Xu said Chen, head of the American-Chinese General Chamber of Commerce, said that " the Chinese investment in the United States will be healthier and more closely linked to the return of local economic restructuring." He Xu optimistic that the two countries will be expanding trade cooperation within the framework of the Plan of Action on the 100, which has already achieved initial results in the areas of agriculture, energy , financial services and investment.
According to the President of the company , "Wang Xiang America" Ni between the "Chinese companies are more rational to invest in the United States under the current rules, which may allay US asset markets a little bit."
Under the plan, China will allow the import of US beef , while the United States will import poultry from China. The United States expects from China and other partners to import liquefied natural gas, while China will allow financial services entirely funded from abroad to provide credit ratings in China.

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