‘Outlook for Chinese Investment Into Global Mining’ by Jaffe Lau, CEO & Executive Director, General Nice Group. Presented at Mines and Money Hong Kong.
Key Points from Presentation:
- China is famous for attracting foreign direct investment (FDI). But a growing amount of investment is also flowing in the opposite direction
- Yet China is still far from buying up the world. It is a relative newcomer to big direct investments, and has yet to boast a large hoard of such assets
- China’s ODI would be greater if host countries were more hospitable
- In the West, Chinese direct investment is viewed with suspicion partly because it is still dominated by state-owned firms
- Share of private firms is growing
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