CAJ | 학술논문

国家社科期刊

中国与世界经济：英文版 중국여세계경제：영문판
China & World Economy
2007年 6期 53~68 ,共null页

Hung-Gay Fung Qingfeng wilson Liu Erin H. C. Kao

中国对外直接投资投资方式投资人中國對外直接投資投資方式投資人
중국 대외직접투자 투자방식 투자인
outward direct investments, portfolio investments, qualified domestic institu-tional investor

This paper analyzes developments and trends related to China＇s outward direct and financial investments by examining Chinese firms＇ overseas acquisitions, China＇s holdings of US Treasury securities, and the recently formally launched Qualified Domestic Institutional Investor programs. Strategies should be developed to reach optimal decisions for both direct and por（folio investments. We argue that China should have a longer-term view for both direct and portfolio investments, enabling China to become the leader in Asia while maintaining its sustainable growth objective. China should invest heavily in the development of the Asian bond market and the Asian Currency Fund when making both por（folio and direct investment decisions.