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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (132760)	3/31/2017 10:44:00 PM
From: bart13	Read Replies (1) \| Respond to of 217815

Good story!

To: TobagoJack who wrote (132760)	4/1/2017 12:20:13 AM
From: Elroy Jetson	Read Replies (1) \| Respond to of 217815

Jay - The Fleming-Mundell model makes it clear a country can't hold all three stable, a fixed exchange rate, free capital movement, and an independent monetary policy. - en.wikipedia.org China continues to focus on Capital Controls, eliminating free capital movement one of the triad, making it difficult for capital to leave the country, regardless of the story in the scmp. - scmp.com China’s capital controls start biting - thestar.com.my - March 19, 2017 Despite capital controls, China's 'Warren Buffett' says he's pushing ahead with overseas acquisitions - cnbc.com - Wednesday, 29 Mar 2017 Speaking with CNBC's "Managing Asia" Chairman Guo Guangchang said "Fosun is different from other Chinese companies: We have a lot of capital reserves out of China," he said, adding that this means capital controls will not impact the way the firm expands overseas. Currency Controls stall LeEco Vizio Deal - chinaeconomicreview.com - Also this week LeEco's $2 billion acquisition of Vizio, American TV maker, fell through this week because the Chinese Central Bank wouldn't authorize the transfer of that much money out of China. After raising $4 billion in new capital LeEco was ready to close if they could have transferred the money. - thetechportal.com China's Capital Controls Will Slow Global Property Sales - newsmax.com - Friday March 31, 2017 Even Jerad Kushner's sale of $400 million worth of one of his family's troubled New York projects to Anbang Insurance fell apart. He claims because he was informed this wasn't ethical - but more likely because Anbang couldn't get approval to move $400 million out of the country.

To: TobagoJack who wrote (132760)	4/20/2017 12:24:36 PM
From: Elroy Jetson	Respond to of 217815

Amid Clampdown, China Companies Continue to Invest Less Abroad - caixinglobal.com (Beijing) — Overseas direct investment by Chinese companies in nonfinancial sectors plunged 30.1% in March from a year ago, the Ministry of Commerce said Tuesday, following a clampdown to reduce capital outflows. Chinese investors spent a total $7.11 billion acquiring overseas assets in nonfinancial sectors last month, the Commerce Ministry said in a statement. In the first quarter of the year, such overseas direct investment (ODI) slumped 48.8% year-on-year to $20.54 billion, according to the statement. China’s ODI in nonfinancial sections has now fallen four consecutive months, coinciding with a move by the government to tighten restrictions on Chinese firms’ overseas buying sprees as part of Beijing’s fight against capital flight. The government decided to impose strict controls over foreign acquisitions worth more than $10 billion, overseas real estate deals by state-owned enterprises valued at $1 billion or more, and investment of more than $1 billion in overseas projects that are unrelated to a Chinese investor’s core businesses, The Wall Street Journal reported in late November, citing documents it reviewed and unnamed sources familiar with the matter. On Dec. 6, four government agencies, including the State Administration of Foreign Exchange ( SAFE), indicated they would strengthen measures to “ prevent risks from overseas investments.” They warned of “irrational outbound investment trends” in some sectors, including property, hotels, cinemas, entertainment and sports clubs, which are not seen as helping China’s industrial upgrade and technology innovation. The nonfinancial sector ODI dropped 39.4% year-on-year in December to $8.41 billion, following a surge of 55.3% to $161.7 billion in the first 11 months of 2016, the Commerce Ministry data showed. In keeping with the government’s desire to encourage some sectors, more than 60% of ODI in the January-through-March period was invested in the manufacturing, business services, telecommunications, and software and information technology industries, according to the ministry’s Tuesday statement.