International Investment (Second Edition)

Author: Ren Huixiu Wang Changyun
Publisher:
Publish Date: 2005-08-01
Features: Over the past two decades, international investment has played an increasingly important role in China's economic construction and has been one of the main driving forces behind the rapid economic growth of the national economy. International investment has accelerated the of domestic capital shortages, facilitated the formation of domestic capital, and promoted sustained, rapid economic growth. It has also contributed to technological advancement and industrial structure upgrading in China, bringing advanced management experiences. International investment has optimized the structure of China's import and export commodities and enhanced the international competitiveness of exported products. This book first introduces the basic concepts of international investment and the distinctions and connections between international investment as an interdisciplinary field and other disciplines. It provides an initial overview of the emergence and development of international investment and international investment theories, analyzing the sources and flows of international investment capital from the perspective of the international capital market and international lending. Next, it examines the basic forms of international investment, international direct investment, and the role and significance of multinational corporations in international direct investment. Then, it discusses the main instruments of international investment, including stock investment, bond investment, investment funds, and hedge funds. Finally, it analyzes the risks of the international capital market, foreign exchange risks, and the international investment environment.