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Chinese authorities summon Evergrande chairman, send in risk managers
ocal Chinese authorities have announced they would send a team of risk managers to China Evergrande Group as the troubled property giant said it intended to work with creditors on a plan for restructuring its<div class="excerpt-more"><a href="https://ccilc.pt/en/imprensa/chinese-authorities-summon-evergrande-chairman-send-in-risk-managers/" class="more-link"> […] <span class="screen-reader-text">Chinese authorities summon Evergrande chairman, send in risk managers</span></a></div>
China app giant Didi plans US stock market exit in move to Hong Kong
The firm has come under intense pressure since its US debut in July. Within days of the initial public offering (IPO) Beijing announced a crackdown on technology companies listing overseas. Earlier on Thursday the US<div class="excerpt-more"><a href="https://ccilc.pt/en/imprensa/china-app-giant-didi-plans-us-stock-market-exit-in-move-to-hong-kong/" class="more-link"> […] <span class="screen-reader-text">China app giant Didi plans US stock market exit in move to Hong Kong</span></a></div>
EU unveils 300 billion euro answer to China’s Belt and Road
The European Commission unveiled on Wednesday a plan to invest 300 billion euros ($340 billion) globally by 2027 in infrastructure, digital and climate projects as a better alternative to China’s Belt and Road Initiative. The<div class="excerpt-more"><a href="https://ccilc.pt/en/imprensa/eu-unveils-300-billion-euro-answer-to-chinas-belt-and-road/" class="more-link"> […] <span class="screen-reader-text">EU unveils 300 billion euro answer to China’s Belt and Road</span></a></div>
China’s rising vulnerability to foreign investors
For the first time foreigners have a large enough position in renminbi-denominated securities to influence Chinese monetary policy. Foreign investment in China has historically focused on direct investment, and investment in portfolio assets was largely<div class="excerpt-more"><a href="https://ccilc.pt/en/imprensa/chinas-rising-vulnerability-to-foreign-investors/" class="more-link"> […] <span class="screen-reader-text">China’s rising vulnerability to foreign investors</span></a></div>
China tops world for the first time in outward foreign direct investment
China’s outward foreign direct investment (ODI) grew to $153.71 billion in 2020, ranking first globally for the first time, a report showed Wednesday. The ODI growth rate went up by 12.3 percent year on year<div class="excerpt-more"><a href="https://ccilc.pt/en/imprensa/china-tops-world-for-the-first-time-in-outward-foreign-direct-investment/" class="more-link"> […] <span class="screen-reader-text">China tops world for the first time in outward foreign direct investment</span></a></div>
China must clarify ‘uncertainty’ over data security laws, allow more cross-border transfers
Beijing has been urged to set a clear definition and scope for its enforcement of data security and transfer laws as it is vital for the operation of foreign businesses as well as China’s innovation<div class="excerpt-more"><a href="https://ccilc.pt/en/imprensa/china-must-clarify-uncertainty-over-data-security-laws-allow-more-cross-border-transfers/" class="more-link"> […] <span class="screen-reader-text">China must clarify ‘uncertainty’ over data security laws, allow more cross-border transfers</span></a></div>
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