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|NEW YORK Dikembe Mutombo Jersey , Aug. 8 (Xinhua) -- Chinese outbound investment flows may reach 1.5 trillion U.S. dollars over the next 10 years, as key Chinese policies will underpin future overseas investment, a report said Tuesday.
China's outbound investment is set to grow 70 percent over the next 10 years from a total of 880 billion dollars over the period of 2007 to 2016, predicted the report published by international law firm Linklaters LLP.
The outbound investment and acquisitions from China will continue to be a significant force in the coming years, as China's long-term policies and initiatives such as "Made in China 2025" and the Belt and Road Initiative have outbound deals at the core Carmelo Anthony Jersey , the report said.
The "Made in China 2025" strategy, a roadmap released by China's State Council in 2015 to guide the country's advanced industrial manufacturing, has seen steady progress in industrial capability, smart manufacturing, innovation Allen Iverson Jersey , as well as product quality and branding.
Proposed by China in 2013, the Belt and Road Initiative comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road, and aims to build a trade and infrastructure network connecting Asia, Africa and Europe along ancient Silk Road trade routes and beyond.
According to the report, such initiatives mean that the high level of outbound investment is likely to be focused on sectors such as energy infrastructure and high-end technology and electronics Alex English Jersey , which may be seen by host governments as "strategic" to national security or national interest.
This may lead to increased regulatory scrutiny of Chinese outbound deals from foreign governments.
The report commended the Chinese government's efforts in supporting the successful execution of outbound deals.
Peter Cohen-Millstein, partner of Linklaters in New York, told Xinhua that "lessons are being learned both in China and around the world which will undoubtedly help to reduce friction and increase deal flow momentum."
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SEOUL Custom Denver Nuggets Jersey , Aug. 1 (Xinhua) -- South Korea's headline inflation posted 2.2 percent last month as heavy rain and heat wave raised prices for fruit and vegetable, a government report showed Tuesday.
Consumer prices increased 2.2 percent in July from a year earlier, according to Statistics Korea. The consumer price inflation, which stayed below 2 percent last year, hovered around 2 percent this year.
The consumer price inflation posted 2 percent in January Cheap Denver Nuggets Jerseys , 1.9 percent in February, 2.2 percent in March, 1.9 percent in April, 2 percent in May and 1.9 percent in June respectively.
The high level of inflation put more pressures on the Bank of Korea (BOK) to hike its benchmark interest rate. The BOK lowered its policy rate from 3.25 percent in July 2012 to an all-time low of 1.25 percent in June last year.
Household debts maintained a record-breaking momentum amid the record-low borrowing costs, while inflationary pressure from the demand side got strong amid the recovering exports.
The central bank recently submitted a monetary policy report to the National Assembly Nuggets Wilson Chandler Jersey , indicating the need for less accommodative monetary policy. The bank said the less accommodative policy stance is different from a tightened monetary policy.
Vegetable prices jumped 10.1 percent last month, leading to a 9.8 percent hike in agricultural product prices. It was attributed to the sweltering heat and the rainy season that rattled supply of vegetable and fruit.
Higher agricultural product prices raised the overall headline inflation by 0.67 percentage points in July.
Prices for livestock and fishery products advanced 8.1 percent and 5.7 percent each, lifting the headline inflation by 0.28 percentage points.
Egg prices soared 64.8 percent, with those for squid, potato and amber logging a double-digit increase.
Prices for electricity Nuggets Will Barton Jersey , tap water and gas jumped 8 percent in July as the government temporarily lowered electricity charges a year earlier. It raised the overall inflation by 0.29 percentage points.
Oil product prices, which showed a big increase earlier this year, inched up 0.5 percent in July from a year ago as global crude oil weakened recently.
Core consumer prices, which exclude volatile agricultural and oil products, rose 1.8 percent last month. The OECD-method core prices Nuggets Tyler Lydon Jersey , which exclude energy and food costs, gained 1.5 percent.
Services prices advanced 1.9 percent as the summer vacation season kicked off in late July.
The so-called livelihood prices, which reflect costs for daily necessities, climbed 3.1 percent in July, posting the fastest since January 2012.
The fresh food price index Nuggets Trey Lyles Jersey , which reflects prices for fresh vegetable and fruit, advanced 12.3 percent last month on the supply shortage caused by heavy rain and heat wave. It marked the highest increase since November last year.
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