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June 16, 2015

Massive Chinese overseas forestry investments

It has been reported that domestic investors invested some US$103 billion in 156 countries in 2014, up 14% year on year. In 2014 China's outbound investment surpassed inflows of foreign investment such that there was a net capital outflow. This marks a fundamental change in China's economic development pattern since the reform and opening-up period.  According to the available statistics China has around 200 forestry investment and cooperation projects in Asia, Europe, Africa, America and Oceania worth an estimated US$7 billion and employing almost 10,000. China's overseas forestry investment is benefitting ...

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