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Morning Clicks | China overspending on foreign investments, IMF reports
While some analysts forecast a stronger Chinese economy in 2013, a new IMF report argues the country currently overinvests in its FDI ventures.
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China Daily
-- Investment in US hits record level for Chinese Chinese companies concluded deals worth $6.5 billion in 2012, an increase of 12 percent from the record $5.8 billion in 2010, according to a new report by New York-based Rhodium Group, which tracks Chinese FDI.
-- Investment in US hits record level for Chinese Chinese companies concluded deals worth $6.5 billion in 2012, an increase of 12 percent from the record $5.8 billion in 2010, according to a new report by New York-based Rhodium Group, which tracks Chinese FDI.
Michael Pettis
-- China Financial Markets The IMF’s Il Houng Lee, Murtaza Syed, and Liu Xueyan have published a very interesting and widely noticed study called “Is China Over-Investing and Does it Matter?” In it they argue that there is strong evidence that China is overinvesting significantly.
-- China Financial Markets The IMF’s Il Houng Lee, Murtaza Syed, and Liu Xueyan have published a very interesting and widely noticed study called “Is China Over-Investing and Does it Matter?” In it they argue that there is strong evidence that China is overinvesting significantly.
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New York Times
-- Laos Could Bear Cost of Chinese Railroad Even though the project has run into some serious objections from international development organizations, most experts expect it to go ahead anyway. That is because China considers it vital to its strategy of pulling Southeast Asia closely into its orbit and providing Beijing with another route to transport oil from the Middle East.
-- Laos Could Bear Cost of Chinese Railroad Even though the project has run into some serious objections from international development organizations, most experts expect it to go ahead anyway. That is because China considers it vital to its strategy of pulling Southeast Asia closely into its orbit and providing Beijing with another route to transport oil from the Middle East.
Phnom Penh Post
-- China to invest $9.6b in Cambodia The Cambodia Iron & Steel Mining Industry Group (CISMIG) and the China Railway Group Limited agreed yesterday to build a new railway line with 11 stations as well as an iron and steel factory in Preah Vihear province.
-- China to invest $9.6b in Cambodia The Cambodia Iron & Steel Mining Industry Group (CISMIG) and the China Railway Group Limited agreed yesterday to build a new railway line with 11 stations as well as an iron and steel factory in Preah Vihear province.
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Sina English
-- China, Australia mulling joint military exercises Australia and China are planning joint military exercises which may also include the United States as the nations work to ensure stability in the region, Australian defense chief David Hurley said.
-- China, Australia mulling joint military exercises Australia and China are planning joint military exercises which may also include the United States as the nations work to ensure stability in the region, Australian defense chief David Hurley said.
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