Why China needs a better oversight over its investment abroad.

[Bussard Ramjet]

Three Gorges Corporation took a 21.35% stake in EDP- Energias de Portugal for Euro 2.69 billion, or Dollar 3.5 billion.

https://www.wikiwand.com/en/Energias_de_Portugal


Today, the value of that investment has come down to 1.96 billion Euros. Further, since the euro has depreciated against the dollar from that time, the value in dollars is 2.22 billion dollars.

Which means there is a loss of 1.3 billion dollars in 4 years.

 

[FairAndUnbiased]

yep. No company in Europe ever loses money! And definitely not in India!

 

[sicsheep]

what are you trying to say,

India has no money to invest, so it can't lose?

so you think we lost money because USD gained on EUR? think again please.

 

[Abacin]

China's oversea investment has poorer return than those of the west because of political cost without military protection, not due to management or oversight. This political cost has driven China to establish a military force to be projected anywhere in this planet. If the West still try to manipulate to increase the political cost of China's oversea investment, they may really see an Empire China.

 

[qwerrty]

Today, the value of that investment has come down to 1.96 billion Euros. Further, since the euro has depreciated against the dollar from that time, the value in dollars is 2.22 billion dollars.

lol ?? why only chinese? i'm pretty sure there are bazzilion more other companies lost value because of that