Quality is more important than scale for investment
Updated: 2013-07-15 21:04
(chinadaily.com.cn)
|
||||||||
China's foreign-bound investment prefers the fixed asset to the other projects. Statistics show, by March 31, Chinese buyers have purchased 12 percent of the real estate assets in the United States with about $8 billion.
The median house price for Chinese buyers is about 2.6 million yuan ($423,500). The risks behind the favor for fixed assets should not be ignored, said an article in the 21st Century Business Herald (excerpts below).
The government is urging the US to lift control on China's investments. The government should reform its investment structure on overseas properties.
Chinese enterprises must deepen their understanding of the future trends in their fields. The quality of investment is more important than the scale. Investment abroad should be prudent and far-sighted. Japan's failure in foreign investments from the 1980s to the 1990s serves as a lesson for China.
The country should strive for more say in the international financial market as well as expand investments worldwide.
- US star sprinter fails drug test
- Protests erupt after verdict
- Color Run in London promotes healthy living
- Urumqi residents hand in weapons
- Pool jammed in summer heat
- Last stop for the telegrams of India
- Heavy rain, strong winds as Soulik heads inland
- 8 dead, 19 injured after bus leaves road in Jinghong
Most Viewed
Editor's Picks
More concerns over camps |
Challenging times on 'high-speed Silk Road' |
5th China-US S&ED |
Jiangnan Style |
Coming to a screen near you |
Hospital ship lends a helping hand |
Today's Top News
Four GSK China execs held for investigation
Asiana survivors coping with post traumatic stress
China's Q2 GDP growth slows to 7.5%
Canada mourns victims of train accident
Air crash students return to families
Snowden says he won't release harmful US data
Local governments face financing woes
Zimmerman not guilty
US Weekly
Geared to go |
The place to be |