Strong Renminbi Policy the Coming of Age of China's Outward FDI

摘要

Beijing's strong renminbi policy will likely give China's commodity firms enormous buying powers in 2009. Cheap commodities and high leverage at overseas commodity firms provide further support to China's outward FDI. We forecast USD 150-180bn of resource-focused Chinese FDI overseas in 2009,vs.USD 80-100bn of FDI into China.