05-03-2015, 09:32 #1
[EN] Chinese loans to LatAm reached 22 bln USD in 2014
China Xinhua News @XHNews
Chinese loans to LatAm reached 22 bln USD in 2014, more than World Bank and IADB combined
HSBC (Hongkong and ShangHai Bank Corporation)
Equity, Equity Strategy, and Economics
What a globalizing China means for LatAm (PDF, 54p)
- South-South ties between China and LatAm are growing beyond the well-known trade flows
- Chinese corporates are now key players in the region, while Chinese banks lend more than the multilaterals
- We highlight the 10 Chinese companies leading the way, as well as seven investment implications
Metrics to make you think
- China’s relationships with LatAm are growing outside of trade to include important corporate and banking linkages. These are the focus of this report.
- China is the main export destination for Brazil, Chile, and Peru, and could become the largest trade destination for the whole region by 2030, according to our estimates, surpassing the US
- Chinese outbound direct investment (ODI) increased 15 fold in ten years, reflecting the launch of the Chinese government’s “going out” campaign in 2000
- Chinese ODI has a long way to go to catch up with China’s economic clout: China’s investments represent only 2% of global investments, whereas China’s economy represents 10% of global GDP
- Chinese authorities are looking to increase this, recently raising the minimum threshold for ODI investments needing approval to USD300m.
- LatAm in focus: Nearly 20% of this Chinese ODI has gone to LatAm; second only to Asia
- China’s investment has an emerging market orientation: 80% of total flows to EM, rather than DM
- Investment led by Chinese state-owned enterprises (SOE’s), at 80% of flows so far
- China’s companies are looking for two things: New markets abroad and raw materials at home
- Chinese development banks lent more to LatAm than the IMF, World Bank, and IADB combined
- Ten Chinese companies account for two thirds of investment in LatAm
- These 10 Chinese companies range from Sinopec to Minmetals and State Grid
- China spent USD4.3bn buying nine listed international companies with LatAm assets
- There are three Asia-listed small-cap companies with majority LatAm assets – Chinalco, Honbridge, and China Fishery
- China has become one of the largest investors in LatAm mining, energy, and infrastructure
- Chinese automakers are building capacity in Brazil equal to 10% of the market; after ex-Brazil success
- LatAm ODI has increased 30x in two decades, but 70% has remained within the region
- China has invested USD28bn in Brazil since 2005 vs Brazil’s USD300m in China
Última edição por 5ms; 05-03-2015 às 09:44.
05-03-2015, 10:15 #2
China's outward direct investment to continue robust growth in 2015China to see spike of ODI in 2015: report
BEIJING, March 5 (Xinhua)-- China's outward direct investment (ODI) will continue to post robust growth this year, evidence of Chinese companies' efforts of going global, according to a Thursday report from the nation's top economic planner.
China's non-financial ODI is estimated to reach 113 billion U.S. dollars, which is an increase of about 10 percent from the previous year, noted the report on the implementation of the 2014 plan and on the 2015 draft plan for national economic and social development.
"We will move faster to build a system for providing financial services to outward investment, expand the channel for using foreign exchange reserves, and provide better financial services, information services, legal services, and consulate protection for Chinese enterprises investing overseas," noted the report.
Latest data showed China's ODI by non-financial firms surged 40.6 percent to 10.17 billion dollars in January, with Hong Kong Special Administrative Region (SAR), the Association of Southeast Asian Nations (ASEAN), and European Union as top investment destinations.
The National Development and Reform Commission, China's top economic planner, has been entrusted by the State Council, China's cabinet, to submit the report to the third session of the 12th National People's Congress (NPC) for deliberation and for comments from the members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC).
14-03-2015, 02:11 #3
China Xinhua News @XHNews 4 hours ago
Chinese firms make up 40% of LatAm's biggest int'l construction expo in Brazil http://xhne.ws/i42tB
SAO PAULO, March 13 (Xinhua) -- Latin America's biggest international construction exposition is a showcase of China's building industry, with 40 percent of exhibitors from the Asian giant.
This year's Feicon Batimat, being held in Sao Paulo, Brazil from March 10-14, features 883 companies from 14 countries, including 345 Chinese construction firms, which are outshining the competition regionally.
At the opening ceremony, Brazil's President Dilma Rousseff said the construction industry is one of Brazil's most important sectors, especially in economically challenging times.
Brazil, she added, will soon unveil its infrastructure investment portfolio.
Zheng Zhedong, general manager of Zhejiang Metals & Minerals in Brazil, told this reporters that China is Brazil's main source of construction hardware, and it's a gigantic market that offers China’s construction sector with enormous opportunities.
The fourth-largest construction expo in the world, Feicon Batimat is expected to draw 120,000 industry professionals, and generate some 500 million reals (160 million U.S. dollars) in business deals.