台安| 永清| 东光| 平湖| 盐田| 普宁| 城阳| 南山| 调兵山| 湘乡| 丁青| 胶南| 遂宁| 电白| 长沙| 麻山| 綦江| 洪雅| 阳原| 库伦旗| 巨鹿| 甘南| 正宁| 涟源| 拉孜| 北海| 巴林左旗| 石河子| 青县| 沾化| 洱源| 克拉玛依| 双城| 津南| 孟津| 忠县| 陇川| 利津| 武鸣| 繁峙| 新平| 北碚| 甘棠镇| 东台| 房县| 阳山| 天长| 南川| 日喀则| 江永| 犍为| 铜仁| 双辽| 汶川| 宝应| 崇左| 正阳| 正安| 武川| 莱阳| 南充| 曲松| 江阴| 楚雄| 南海镇| 伊通| 始兴| 富裕| 宁夏| 新宾| 武昌| 新和| 喀什| 遂昌| 边坝| 英山| 靖宇| 松原| 新龙| 合水| 万安| 建宁| 汉中| 珊瑚岛| 顺昌| 扎兰屯| 宜宾市| 潞西| 锡林浩特| 济南| 剑河| 伊金霍洛旗| 朔州| 德安| 科尔沁左翼后旗| 印江| 饶河| 江孜| 长阳| 彭阳| 靖远| 乌兰| 栾川| 襄汾| 淮安| 连云港| 元坝| 巴林左旗| 吉利| 带岭| 辽源| 微山| 龙胜| 普兰店| 天长| 毕节| 湘潭县| 盱眙| 平南| 曲靖| 莫力达瓦| 霍城| 潮阳| 上虞| 峨眉山| 沂水| 容县| 饶阳| 梁山| 田阳| 高阳| 云县| 新干| 洛宁| 南投| 阿克苏| 剑阁| 阳东| 通辽| 平安| 遂溪| 固镇| 洛川| 鲅鱼圈| 中方| 南浔| 抚州| 邻水| 剑阁| 白沙| 临澧| 察隅| 苗栗| 巧家| 淮阳| 天长| 尉犁| 昆明| 马关| 长安| 定日| 襄樊| 同德| 许昌| 东营| 定边| 大丰| 石阡| 弓长岭| 射洪| 新竹县| 土默特左旗| 旬邑| 金堂| 贵溪| 覃塘| 防城区| 株洲市| 平安| 乐业| 南乐| 册亨| 开原| 无为| 乌兰| 安徽| 德江| 类乌齐| 江宁| 阳东| 楚州| 黔江| 康县| 抚松| 蓝山| 汤旺河| 坊子| 嘉荫| 巩义| 闽清| 武冈| 武昌| 临县| 东川| 莫力达瓦| 额济纳旗| 呼伦贝尔| 铜鼓| 马边| 响水| 宁武| 琼中| 东方| 卓尼| 老河口| 崇义| 乌拉特后旗| 竹溪| 普陀| 克拉玛依| 玉屏| 莱芜| 八达岭| 同仁| 周宁| 苍溪| 平罗| 英山| 甘孜| 乐清| 黑山| 开鲁| 荔波| 集贤| 子洲| 安陆| 河北| 陈仓| 合水| 丹棱| 芜湖县| 和静| 获嘉| 克山| 无为| 隆昌| 普定| 灵丘| 铜山| 三明| 邓州| 曲阳| 沅江| 凉城| 嵩县| 舞钢| 富源| 虎林| 东平| 三亚| 五原| 盐边| 丰宁|

“黑天鵝”來襲 避險資産“風景獨好”

2019-05-27 15:11 来源:秦皇岛

  “黑天鵝”來襲 避險資産“風景獨好”

  [Photo/VCG]ChinaneedstobepreparedwithflexibleplanstorespondtotheinconsistenttradeandeconomicpoliciesoftheadministrationofUSPresidentDonaldTrump,asbothsidesstillfaceahostofunresolvedissuesrelatedtobilateraltrade,evelofficialtalksthatconcludedinBeijingonSunday,theUSgovernmentmaystillreleasealistonJune15imposinga25percenttariffon$50billionworthofChinesegoodscontaining"industrialsignificanttechnology",sMinistryofCommercestressedonThursdaythatthenationiswillingtoexpandimportsfromtheUSiftheycanmeet"halfway",sstanceisconsist,includingtariffhikes,theeconomicandtradeachievementsnegotiatedbythet,aneconomistatTsinghuaUniversityandformercentralbankmonetarypolicycommitteemember,saidChinaisabletoadjustandupgradeitseconomicstructurefromalong-termperspective."Againstthatbackdrop,,",Lisaid,suchasindustrixtfewmonths,saidLi."Thenegotiationswillbealongandbumpyroad,"hesaid."Weshouldmaintainabalancedframeofmind,ratherthanbeirritatedbytheWhiteHousesstatementsortheUSpresidentsmessagesonTwitter.""IfChinacannotachievesubstantialresultsthroughdialogue,itmuststudytheUSmovesandpreparemeasurestocountertheUSaction,"saidLongGuoqiang,,formerchiefeconomistandseniorvice-presidentoftheWorldBankfrom2008to2012,saidtheUSshouldbeawarethatexportingmoreenergyandagriculturalproductstoChinawillnotfundamentallychangethesituationofthetradedeficitwithChina,andwhatChina,Linsaid,thetwosidesshouldexpandtradenegotiationtopicsfromenergyandagric,Hungarysministerofforeignaffairsandtrade,calledonbothsidestorationallyresolvetradedisputes."Ofcourseweunderstandtherecentdevelopmentoftheglobaltradingsystem,weseethatrestrictivemeasuresandcustomsbarriershavebeensetup,"SzijjartosaidonthesidelinesoftheThirdMinisterialConferenceofChinaandCentralandEasternEuropeanCountriesonPromotingTradeandEconomicCooperationheldinNingboonThursday."ChinaisHungarynationaltradeorder,insteadofadestructivetradewar,"toarecordhigh,frobusteconomicgrowthinthesecondquarter.,Minnesota,US,June12,2018,inthisimageobtainedfromsocialmedia.[Photo/Agencies]MINNEAPOLIS—Araccoonthatbec,Minneapolis,US,,accordingtoWildlifeManagementServices,"Itseatingnormally,"saidChristinaValdivia,thecompanysgeneralmanager,sadventurescausedastironsocialmediaasitscaledthetowerTuesday,withmanyTwitterusersvoicingconcernforitssafetyorjokingaboutthedramaasits,,afemale,wasreleasedlaterinthedayandscamperedin,whichbrokethestoryandcloselyfollowedtheraccoonsclimbfromitsheadquarterslessthanablockaway,brandedtheanimal#mprraccoon.

LiSenhasbeenworkingforfiveyearsattheMuralConservationandRestorationCenteroftheXianQujiangMuseumofFineArts.[PhotoprovidedtoChinaDaily]TheprivateXianQujiangMuseumofFineArtsisapioneeringinstitutioninmanyways,,whenZhouTianyoutookthepositionasthedirectoroftheXianQujiangMuseumofFineArts,,whenitofficiallyopenedtothepubliconJuly31,2012,,thepermanentexhibitionsetina1,000-square-meterhall,features88panels(67ofthemoriginal)fromtheNeolithicperiodtotheQingDynasty(1644-1911).WithmuralsunearthedinShaanxiprovinceservingasthemainfoundation,theexhibitionisalsotheresultofpartnershipswithabout20nationalmuseumsandarchaeologicalinstitutesfrom13Chineseregionsandprovinces,includingthePalaceMuseuminBeijing,LiaoningProvincialMuseum,GansuP,visitorscanseemurals,suchasapiecetitledDancingMenfromtheNeolithicagefromtheGansuProvincialMuseum,agoldsuitofarmordatingbackabout2,700yearsanda1-meter-tallstoneBuddhahead.AnemployeecarriesarearwindshieldattheFuyaoGlassAmericaproductionfacilityinMoraine,Ohio,US.[Photo/Agencies]TheroadforChinesecompaniestoinvestintheUnitedStatescouldstillbebumpythisyeareventhoughthetwocountriessoughttoeasetheireconomicdisputesandagreednottoengageinatradewar,ohavetheirmergerandacquisitiondealsreviewedandapprovedbytheUSgovernmentandtheincreasinguncertaintycouldpromptthemtolookawayfromtheUSasaninvestmentdestinationintheshortterm,accordingtolawyerswhoofferlegaladviceandservicestoChinesecompanies."TheresbeengreatconcernexpressedbyChinesecompaniesaboutwhetherornotitsworththeeffort(investingintheUS)…Ifitsnotgoingtobeseenfavorablyfromthebeginningthentheylllookelsewheretofigureoutanotherplacetoinvest,"saidWendyWysong,apartnerofLondon-basedlawfirmCliffordChance,,uncertaintiesinChina-UStradediscussionsandthecontroversyinvolvingChinesetelecommunicationequipmentmaker,thevalueofoutbounddealsreachedbyChinesecompaniescontractedby15percentyear-on-yearto$94billion,ssinvestmentintheUS,astheUSgovernmentistighteningitsgriponmergersandacquisitionsbyChinesecompanies,especiallyinthetechnologysector,saidAlanWang,corporatepartnerinFreshfields,chiefrepresentativeoflawfirmBakerMcKenziesBeijingoffice,saidthatMAsandcorporateactivitybyChinesecompaniesingeneralwilllikelyremainatawait-and-seestagegiventheuncertaintiesintheChina-UStradediscussionsandanymaterialimpactitcouldhaveonChineseinvestmentintheUS."Ifweseebroadeningandretaliatorymeasuresspreading,thatwouldnodoubtadduncertaintytotheoutlookintheshortterm,andbusinessesdonotlikeuncertainty,"Jiasaid."Therefore,politicalriskassessmentandregulatoryplanningareincreasinglybecominganimportantpartofanoveralldealstrategy."$29billionworthofinvestmentsintheUSlastyear,down35percentfromtherecord$46billioncompletedin2016,accordingtoajoinasonbehindthedecline,short-termunfavorableconditioleconcernsbytheCommitteeonForeignInvestmentintheUnitedStatesincludedAntFinancialsacquisitionofMoneygram,ZhongwangstakeoverofaluminiumproducerAlerisandCanyonBridgeCapitalPartners"PuttingasidetheZTEcase,IthinkthatanycompanythatisdependentonUSorigingoodsneedstoconsidertheimplicationsoftheUSexportcontrollawsandUSeconomicsanctions,andtheenforcementtoolsthattheUnitedStateswillbringtobeariftheybecomeconcernedaboutaparticularcompanysconduct,"Wysongsaid."Th,withtherecentwithdrawalfromtheJCPOA(JointComprehensivePlanofAction),therearegoingtobesecondarysanctionsonparticularindustrysectorsinIranandnon-UScompaniesneedtobeawareofthose,",apartnerinFreshfeildsglobaltransactionsgroup,saidthatCFIUS,theUSinter-agencypanelthatreviewsforeignacquisitions,hasenteredamoreaggressiveeraofenforcement."Oneproofist,lessthan30percentoftheoverseasinvestmentintotheUSwillgothrougha40-dayinvestigation,uptofivemonths,",thelong-termoutlookofChineseoutboundinvestmentremainsoptimisticasitwillbedrivenbyfactorssuchastheBeltandRoadInitiativeandtheglobaleconomyneedsChinesecapitaltobedeployed,accordingtolawfirmBakerMcKenzie."WebelieveoutboundMAwillrestartitsgrowthtrendin2018withamodestincreasecomparedto2017,"saidJiaatBakerMcKenzie."C,pharmaceuticalsandconsumer-relatedindustrieswillbecomeincreasinglyimportantMAsectors,"hesaid.

  ItdidnottakelongforbookmakerstoslashDonaldTrumpsoddsofwinningtheNobelPeace,youmaywanttoreadwhatsomemembersofthefive-strongNorwegianNobelCommittee,whichchoosesthewinnerofthe$1millionprizeeachOctober,,LadbrokescuttheoddsofTrumpwinningaloneorinajointprizethisyearto6/4from10/1beforethesummit;WilliamHillofferedoddsof6/4onTrumpandKimtowinjointly,,Trumphasmadehistorywhereothershavefailed,,TrumpandKimpledgedtoworktowardcompletedenuclearizationoftheKoreanpeninsula,,,NobelcommitteememberThorbjoernJagland,aformerNorwegianprimeministerwhoheadstheCouncilofEurope,tweeted:DonaldTrumpyoumayhavesetthenewsagen,hewrote:TrumpisinsultingMuslimsonTwitterandbycontrastpraisedformerPresidentBarackObama,whowonthe2009prize,,HenrikSyse,wroteinabloginDecember,2016,that:President-electDonaldTrumphas,withhisrhetoric,atorshouldinnowaybereadascomments,appointedtothecommitteethisyear,wroteanopinionpieceinaNorwegia:,OlavNjoelstad,saiditisnotimpossibleforsomeonewhohasbeencriticizedbycommitteememberstobeconsidered,andevenwin,,directorofthePeaceResearchInstituteOslo,saidnucleardisarmamentontheKoreanpeninsulawouldbeaverysignirecord,suchaspullingoutoftheIrannucleardeal,p,,,includingcommitteemembers,membersofnationalparliaments,cabinetmembers,headsofuniversitiesorpastlaureates.[]Thereformandopening-uppolicyimplementedoverthepastfourdecadeshasbeenhighlyproductiveforChinainparticular,,ledbyDengXiaoping,soughttoachievenationalrejuvenationandbuildapeaceful,,ledbytheCommunistPartyofChina,unleashedeconomicreform,,"socialismwithChinesecharacteristics"in1978torejuvenatethecgninvestmentandentrepreneurspushedChinaforwardandconsolidateditseconomic,political,,,800millionpeoplehavebeenliftedoutofpovertysofar,accordingtotheWorldBank,andChinahasbecometheworld,PremieroftheChineseStateCouncil,saidinthefirstsessionofthe13thNationalPeoplesCongressthatmorethan68millionpeoplehadbeenliftedoutofpovertyinthepastfiveyears—indicatingthatonaverage,37,,ChinabecamethetopcontributortotheglobalGDPgrowth,anditseconomicgrow,marketforceshadmobilizedprivateenterprisesandindivi,industrializationandstructural,Chinaisalsoleadingtheworldinhigh-speedrail,e-commerce,"goglobal"and"bringingin"approach,the,amegainfrastructureprojectproposedbyChinesePresidentXiJinpinginSeptember2013,Chinainvestedmorethan$,,,Chinasshareintheglobaleconomyhasreachedroughly15percentanditscontributiontoglobalgrowthexceeded30percent,,Chineseenterprisesinvestedin7,,stotalimportandexportofgoodsreached$,,4,986for,46millionpeopletraveledabroadand48millionforeignerstraveledtoChinain2008;whereasonly200,,Chinesediplom,from18to172countries,sisolationandchangedtheworld,rningabouttheircultureandhistory,andhavealsoguidedothernationstolearnaboutChina,,spragmaticapproachtoreformwasconductivetoa"transitionwithouttears".Theroutethecountryhastakeninthepast40years,,currently,,economy,diplomatictiesandfriendlyrelationswiththeoutsideworld,

  ARussianbuyersignsareceiptfortheitemheboughtfromChinesee-commerceplatformJD.[Photo/Xinhua]Thenewlysetupbusiness-to-business(B2B)cross-bordere-commerceplatformwillfurthertrustandmutualcooperationandspurtradeandinvestmenttiesbetweenmembersoftheShanghaiCooperationOrganization,,theB2Bplatformwillutilizeblockchaintechnology,internetofthings,cloudcomputingandbigdatatoprovidesupportforhigh-qualityproductsinagriculture,energy,,moreeffortsareneededtoboostthecross-borderpaymentandsettlementplatformsandthecreditandfactoringsystemsalongwithvestmentandfinancingneedsofenterprises,,relevantstandardsrelatedtosupplychain,foods,PremierLiKeqiangproposedtheestablishm,thedevelopmentplanofthefirstdemonstrationzoneinQingdao,whichwillalsohostthe18thSCOSummit,,logisticsparksandcross-bordere-commercetr($953billion)insaleslastyear,accordingtoiiMediaResearch,,aquarteroftheChinesepopulation,ormorethanhalfofChinasdigitalbuyers,willbeshoppingforcross-borderproducts,eitherdirectlyonforeign-basedwebsitesorthroughthirdparties."Chinascross-bordere-commerceisdevelopingrapidly,andthelogisticsandfreighttransportsystemwithintheSCOcountrieshasrelativelyimproved,whichinturnwillboosteconomicandtradecooperationbetweenChinaandSCOcountries,"saidLuZhenwang,furtherbreaktradebarriers,admittingtherearestillchallenges,forinstance,duetodifferentpaymentmethodsandsettlementfinancingamongthemembers.[]Thereformandopening-uppolicyimplementedoverthepastfourdecadeshasbeenhighlyproductiveforChinainparticular,,ledbyDengXiaoping,soughttoachievenationalrejuvenationandbuildapeaceful,,ledbytheCommunistPartyofChina,unleashedeconomicreform,,"socialismwithChinesecharacteristics"in1978torejuvenatethecgninvestmentandentrepreneurspushedChinaforwardandconsolidateditseconomic,political,,,800millionpeoplehavebeenliftedoutofpovertysofar,accordingtotheWorldBank,andChinahasbecometheworld,PremieroftheChineseStateCouncil,saidinthefirstsessionofthe13thNationalPeoplesCongressthatmorethan68millionpeoplehadbeenliftedoutofpovertyinthepastfiveyears—indicatingthatonaverage,37,,ChinabecamethetopcontributortotheglobalGDPgrowth,anditseconomicgrow,marketforceshadmobilizedprivateenterprisesandindivi,industrializationandstructural,Chinaisalsoleadingtheworldinhigh-speedrail,e-commerce,"goglobal"and"bringingin"approach,the,amegainfrastructureprojectproposedbyChinesePresidentXiJinpinginSeptember2013,Chinainvestedmorethan$,,,Chinasshareintheglobaleconomyhasreachedroughly15percentanditscontributiontoglobalgrowthexceeded30percent,,Chineseenterprisesinvestedin7,,stotalimportandexportofgoodsreached$,,4,986for,46millionpeopletraveledabroadand48millionforeignerstraveledtoChinain2008;whereasonly200,,Chinesediplom,from18to172countries,sisolationandchangedtheworld,rningabouttheircultureandhistory,andhavealsoguidedothernationstolearnaboutChina,,spragmaticapproachtoreformwasconductivetoa"transitionwithouttears".Theroutethecountryhastakeninthepast40years,,currently,,economy,diplomatictiesandfriendlyrelationswiththeoutsideworld,

[]Thereformandopening-uppolicyimplementedoverthepastfourdecadeshasbeenhighlyproductiveforChinainparticular,,ledbyDengXiaoping,soughttoachievenationalrejuvenationandbuildapeaceful,,ledbytheCommunistPartyofChina,unleashedeconomicreform,,"socialismwithChinesecharacteristics"in1978torejuvenatethecgninvestmentandentrepreneurspushedChinaforwardandconsolidateditseconomic,political,,,800millionpeoplehavebeenliftedoutofpovertysofar,accordingtotheWorldBank,andChinahasbecometheworld,PremieroftheChineseStateCouncil,saidinthefirstsessionofthe13thNationalPeoplesCongressthatmorethan68millionpeoplehadbeenliftedoutofpovertyinthepastfiveyears—indicatingthatonaverage,37,,ChinabecamethetopcontributortotheglobalGDPgrowth,anditseconomicgrow,marketforceshadmobilizedprivateenterprisesandindivi,industrializationandstructural,Chinaisalsoleadingtheworldinhigh-speedrail,e-commerce,"goglobal"and"bringingin"approach,the,amegainfrastructureprojectproposedbyChinesePresidentXiJinpinginSeptember2013,Chinainvestedmorethan$,,,Chinasshareintheglobaleconomyhasreachedroughly15percentanditscontributiontoglobalgrowthexceeded30percent,,Chineseenterprisesinvestedin7,,stotalimportandexportofgoodsreached$,,4,986for,46millionpeopletraveledabroadand48millionforeignerstraveledtoChinain2008;whereasonly200,,Chinesediplom,from18to172countries,sisolationandchangedtheworld,rningabouttheircultureandhistory,andhavealsoguidedothernationstolearnaboutChina,,spragmaticapproachtoreformwasconductivetoa"transitionwithouttears".Theroutethecountryhastakeninthepast40years,,currently,,economy,diplomatictiesandfriendlyrelationswiththeoutsideworld,

  Atfirstglance,Jakarta-basedwriterandpoetBeniSatryosworkcomesacrossasbeingimbuedwithsprinklesofdryhumoranddrollsarcasm,thekindthatisnotatypicaltoyoung-ish,,andthatelementofsemi-comedydissipatestomakeplaceforarefreshingearnestness:anaturallyunpretent,BenipublishedhisfirstcollectionofpoemsinabooktitledPendidikanJasmanidanKesunyian,,,thecollectionprovidedpi,whichroughtranslationgoesassuchseeminglydescribingacasual,identifiabledinnerdate:Youaskalotofthings/Whenwestopattherestaurant/WhatisthisPepper/ThisSaltandsauces/,toalotofpeople,,,,ado(throughthembelingmovementinthe1970s)andHerryGendutJanartosGado-GadoKredo,,,[bythoseartists]areimportant,,arguesBeni,,doingnothing,gettingpissy,daydreaming,chattingandhangingout,[tome].ThosearethingsIamfamiliarwith,whyshouldItalkaboutissueswhichIamalientoForBeni,th,Istartbylookinginwards,butintheend,Iseenothingtherebutemptiness,hesays,[Iam],thebetter;,,hewasintroducedtothewriterPutuWijaya,,,Beniwouldl,Benisays,practicallyactingasasoundtracktoeverylittlethinghedidinadolescent,suchasrunningawayfromhome(itwasntadramaticthing,heinsists).ThroughIwanFals,Benibeganwritingpoetry:buyinghisfirstpoetrybook(PenyairMudadiDepanForumorTheYoungPoetinFrontoftheForum,releasedin1976),suchastheinfluentialJokpinandSapardi,,whichnowwor,,

  ,Minnesota,US,June12,2018,inthisimageobtainedfromsocialmedia.[Photo/Agencies]MINNEAPOLIS—Araccoonthatbec,Minneapolis,US,,accordingtoWildlifeManagementServices,"Itseatingnormally,"saidChristinaValdivia,thecompanysgeneralmanager,sadventurescausedastironsocialmediaasitscaledthetowerTuesday,withmanyTwitterusersvoicingconcernforitssafetyorjokingaboutthedramaasits,,afemale,wasreleasedlaterinthedayandscamperedin,whichbrokethestoryandcloselyfollowedtheraccoonsclimbfromitsheadquarterslessthanablockaway,brandedtheanimal#mprraccoon.,Minnesota,US,June12,2018,inthisimageobtainedfromsocialmedia.[Photo/Agencies]MINNEAPOLIS—Araccoonthatbec,Minneapolis,US,,accordingtoWildlifeManagementServices,"Itseatingnormally,"saidChristinaValdivia,thecompanysgeneralmanager,sadventurescausedastironsocialmediaasitscaledthetowerTuesday,withmanyTwitterusersvoicingconcernforitssafetyorjokingaboutthedramaasits,,afemale,wasreleasedlaterinthedayandscamperedin,whichbrokethestoryandcloselyfollowedtheraccoonsclimbfromitsheadquarterslessthanablockaway,brandedtheanimal#mprraccoon.

  AnemployeecarriesarearwindshieldattheFuyaoGlassAmericaproductionfacilityinMoraine,Ohio,US.[Photo/Agencies]TheroadforChinesecompaniestoinvestintheUnitedStatescouldstillbebumpythisyeareventhoughthetwocountriessoughttoeasetheireconomicdisputesandagreednottoengageinatradewar,ohavetheirmergerandacquisitiondealsreviewedandapprovedbytheUSgovernmentandtheincreasinguncertaintycouldpromptthemtolookawayfromtheUSasaninvestmentdestinationintheshortterm,accordingtolawyerswhoofferlegaladviceandservicestoChinesecompanies."TheresbeengreatconcernexpressedbyChinesecompaniesaboutwhetherornotitsworththeeffort(investingintheUS)…Ifitsnotgoingtobeseenfavorablyfromthebeginningthentheylllookelsewheretofigureoutanotherplacetoinvest,"saidWendyWysong,apartnerofLondon-basedlawfirmCliffordChance,,uncertaintiesinChina-UStradediscussionsandthecontroversyinvolvingChinesetelecommunicationequipmentmaker,thevalueofoutbounddealsreachedbyChinesecompaniescontractedby15percentyear-on-yearto$94billion,ssinvestmentintheUS,astheUSgovernmentistighteningitsgriponmergersandacquisitionsbyChinesecompanies,especiallyinthetechnologysector,saidAlanWang,corporatepartnerinFreshfields,chiefrepresentativeoflawfirmBakerMcKenziesBeijingoffice,saidthatMAsandcorporateactivitybyChinesecompaniesingeneralwilllikelyremainatawait-and-seestagegiventheuncertaintiesintheChina-UStradediscussionsandanymaterialimpactitcouldhaveonChineseinvestmentintheUS."Ifweseebroadeningandretaliatorymeasuresspreading,thatwouldnodoubtadduncertaintytotheoutlookintheshortterm,andbusinessesdonotlikeuncertainty,"Jiasaid."Therefore,politicalriskassessmentandregulatoryplanningareincreasinglybecominganimportantpartofanoveralldealstrategy."$29billionworthofinvestmentsintheUSlastyear,down35percentfromtherecord$46billioncompletedin2016,accordingtoajoinasonbehindthedecline,short-termunfavorableconditioleconcernsbytheCommitteeonForeignInvestmentintheUnitedStatesincludedAntFinancialsacquisitionofMoneygram,ZhongwangstakeoverofaluminiumproducerAlerisandCanyonBridgeCapitalPartners"PuttingasidetheZTEcase,IthinkthatanycompanythatisdependentonUSorigingoodsneedstoconsidertheimplicationsoftheUSexportcontrollawsandUSeconomicsanctions,andtheenforcementtoolsthattheUnitedStateswillbringtobeariftheybecomeconcernedaboutaparticularcompanysconduct,"Wysongsaid."Th,withtherecentwithdrawalfromtheJCPOA(JointComprehensivePlanofAction),therearegoingtobesecondarysanctionsonparticularindustrysectorsinIranandnon-UScompaniesneedtobeawareofthose,",apartnerinFreshfeildsglobaltransactionsgroup,saidthatCFIUS,theUSinter-agencypanelthatreviewsforeignacquisitions,hasenteredamoreaggressiveeraofenforcement."Oneproofist,lessthan30percentoftheoverseasinvestmentintotheUSwillgothrougha40-dayinvestigation,uptofivemonths,",thelong-termoutlookofChineseoutboundinvestmentremainsoptimisticasitwillbedrivenbyfactorssuchastheBeltandRoadInitiativeandtheglobaleconomyneedsChinesecapitaltobedeployed,accordingtolawfirmBakerMcKenzie."WebelieveoutboundMAwillrestartitsgrowthtrendin2018withamodestincreasecomparedto2017,"saidJiaatBakerMcKenzie."C,pharmaceuticalsandconsumer-relatedindustrieswillbecomeincreasinglyimportantMAsectors,"hesaid.

  WajidKhan,areporterfromIndependentNewsPakistan,posesforaphotoinQingdaoforthe18thShanghaiCooperationSummit,June10,2018.[PhotobyGuoRong/]WajidKhan,areporterfromIndependentNewsPakistan,saidXisspeechwasvery"comprehensive,effectiveandsolution-oriented".TherearesomeforcesagainstglobalizationandXitalkedagainstunilateralismandtradeprotectionismintheinternationalsystemforourglobalvillage,eandstabilityoftheregion,headded.TheproblematicplantoadaptthefamousnovelBumiManusia(EarthofMankind)intoafilmand,buttheabilitytodigestthewriters/indeedthetragiclovestorybetweenthemaincharacters,,:thatAnneliesseparationfromMinkedepictsthepowerlessnessofthecolonizedpeopleastheoppressedinthefaceofthelaw,imposedonthembytheoppressor;thatMinkesshiftfromaspoiledwriterwhoinitiallyonlywantedhiswritingtobeappreciatedbytheupper-classoppressors,toanationalistwriterwhowantedhisworkstoinspirehisfellowbrothersandsistersisacallfornationalismandsocialmovement;howNyaiOntosorohsout-of-her-time,courageousindependencefromherrottenhusbandisacallforfreedom,,themoreonereadsthebookhopefullyfollowedbyothersinthetrilogythemoreonewillfindideastodiscuss,,BumiManusiaisareputableliterarywork,notonlynationallybutglobally,l,especi,,,asIwillnotj,IdefinitelyexpectthatHanunghasafullgr,NoviaRianiPutridismissedpeonalmaterialnortheauthor,andsaidBumiManusiacouldbepopularamo,shesaidnobodywouldactuallybothertoreadaclassicandthicknovelofothercountrieswithold-languagestyleaseventhenativespeakers[ofthoseworks]mostlyreadthemaspartofahighschooltask,,AhmadToharisRonggengDukuhParuk(DancerofParukVillage)wouldonlymeanastoryofaneroticdancer,UmarKayamsParaPriyayi(TheNobility)wouldbenothingmorethanafamilydramaandAchdiatKartaMihardjasAtheiswouldbemerelyanothertragiclovestory.(mut)***ThewriterisanIndonesianlectureratGuangdongUniversityofForeignStudies,Guangzhou,ent,TeachersCollege,ColumbiaUniversity,NewYork,theUnitedStates.

  ASouthKoreanfoodtechnologystartuphaslaunchedanewrestaurantguideintroducingthetop-ratedrestaurantsinNorthKoreatowishforpeaceandthereunificationoftheKoreanPeninsula,,Koreasleadingrestaurantrecommendationandratingapp,saidithaslaunchedthe,introducingthetoprestaurantsfromeightregionsofNorthKorea,includingPyongyang,Kaesong,Kumgangsan,Baekdusan,Sinuiju,Wonsan,,informationpostedonTripAdvisor,Ctrip,QiongyouaswellasrestaurantreviewswrittenbyforeigntouristsaccessedviaGoogle,,rangingfromrestasofTaedonggangbeeraswellasEuropean-stylebakeries,aciaflowers,whichareuncommoninSouthKorea,,webelievetherearemanypeoplewhoareeagerlywaitingtogoonafoodtourtothecountry,,ulandthedaythattheNorthandSouthwillbeabletofreelycrosseachothersterritories.

  ,Minnesota,US,June12,2018,inthisimageobtainedfromsocialmedia.[Photo/Agencies]MINNEAPOLIS—Araccoonthatbec,Minneapolis,US,,accordingtoWildlifeManagementServices,"Itseatingnormally,"saidChristinaValdivia,thecompanysgeneralmanager,sadventurescausedastironsocialmediaasitscaledthetowerTuesday,withmanyTwitterusersvoicingconcernforitssafetyorjokingaboutthedramaasits,,afemale,wasreleasedlaterinthedayandscamperedin,whichbrokethestoryandcloselyfollowedtheraccoonsclimbfromitsheadquarterslessthanablockaway,brandedtheanimal#mprraccoon.

  ,aftertheUSimposedtariffsonEUsteelandaluminumproducts.[Photo/IC]OTTAWA-TherecentUSdecisiontoimposeimportsteelandaluminumtariffsonCanada,MexicoandtheEuropeanUnion,andothers,isexpectedtobea"frontandcenter"issueattheGroupofSeven(G7)summitthatwillbeginonFridayinQuebec,aformerCanadianprimeministersaidonThursday."YouregoingtohavethemajorityoftheG7countrieswantingtodealwiththis,aswasthecasewiththefinanceministerswhentheymetinWhistler(aresortmunicipalityintheCanadianprovinceofBritishColumbia),"saidPaulMartin,whoisalsoaformerCanadianfinanceminister,rneyandInternationalMonetaryFundManagingDirectorChristineLagardeduringthemeetingofG7financeministersandcentralbankgovernorslastweek,whichwaschairedbyCanadianFinanceMinisterBillMorneau."MinistersandGovernorshadafrankexchangeonthebenefitsofanopenrules-basedtradingsystemandmanyhighlightedthenegativeimpactofunilateraltradeactionsbytheUnitedStates,"saidastatementissuedaftertheG7financeministersmeeting."MinistersandGovernorsagreedthatthisdiscussionshouldcontinueattheLeadersSummitinCharlevoix,(Quebec),free,fair,predictableandmutuallybeneficialtrade,",whoparticipatedinbothG7financeministersmeetingsandleaderssummitsasprimeministerwhentheforumwasconfiguredastheG8toincludeRussia,toldXinhuathatCanadasharshresponsetotheUStariffswas"warranted"andnotedthat"neverinmytimehaveIseenanissuewhichhassogalvanizedpeople"atthosegatherings."ThepurposeoftheGs-whethertheG7ortheG20-istoessentiallygivethepertinentministersandtheleaderstheopportunitytodealwithissuesofthiskindandhopefullypreventissuesofthiskind,"explainedMartin,whoservedasCanadasprimeministerfrom2003to2006,andasthecountrynministerChrystiaFreeland,did"exactlywhattheyshouldhavedone"inrespondingtoUSPresidentDonaldTrump$,aluminumandotherproducts-rangingfromcoffeeandcandytotoiletpaperandtablecloths-totakeeffectonJuly1,unlesstheTrumpadministrationwithdrewits25-percenttariffonCanasretaliatoryreplyis"thestrongesttradeactionCanadahastakensincetheSecondWorldWar,",,andhoped"thatatsomepoint...commonsensewillprevail,"hetoldreportersataMay31,suchasclimatechange,genderequality,andtheCompactforAfricainitiatedbyGermanylastyearwhenithostedtheG20financeministersandcentralbankgovernorsmeetingtopromoteprivateinvestmentinAfrica,includingininfrastructure."WearenttalkingenoughaboutAfrica,"saidMartin,whoasCanadianfinanceministerproposedtheideaofaG20in1999withthesupportofthenUSTreasurySecretaryLarrySummers."Africaisgoingtohavethelargestpopulationbaseofanycontinentin25years,andIreallydobelievethathelpingAfricathroughwhatisaverydifficultperiodnowwillbenefittheworldenormouslyandthisisarolethattheG7andG20mustplay.",Minnesota,US,June12,2018,inthisimageobtainedfromsocialmedia.[Photo/Agencies]MINNEAPOLIS—Araccoonthatbec,Minneapolis,US,,accordingtoWildlifeManagementServices,"Itseatingnormally,"saidChristinaValdivia,thecompanysgeneralmanager,sadventurescausedastironsocialmediaasitscaledthetowerTuesday,withmanyTwitterusersvoicingconcernforitssafetyorjokingaboutthedramaasits,,afemale,wasreleasedlaterinthedayandscamperedin,whichbrokethestoryandcloselyfollowedtheraccoonsclimbfromitsheadquarterslessthanablockaway,brandedtheanimal#mprraccoon.

  

  “黑天鵝”來襲 避險資産“風景獨好”

 
责编:

首页 >> 热点新闻 >> 正文

油气体制改革方案将出台 勘探和管网混改料成重头戏
2019-05-27 作者: 记者 刘丽靓 来源: 中国证券报

  中国证券报记者获悉,油气体制改革方案即将出台。方案将允许符合准入要求并获得资质的市场主体参与常规油气勘查开采,符合条件的各类原油加工企业可以使用进口原油,鼓励通过混合所有制等方式投资油气勘查开采项目、开展城市天然气管道项目建设和运营,后续还将出台一系列配套方案。

  改革涉及全产业链

  中国企业改革与发展研究会副会长李锦认为,当前正值国际能源价格低位运行,各方面对改革已形成共识,这是一个重要时间窗口,要尽快启动石油天然气体制改革。此轮油气改革将涉及全产业链,具体方向包括体制改革和国企改革两条主线,上游勘探和中游管网引入民营资本进行混改将是市场关注的焦点。

  国务院近日批转发改委《关于2017年深化经济体制改革重点工作的意见》。《意见》提出,加大电力、油气等重点行业改革力度,出台实施石油天然气体制改革方案,加快研究制定改革配套政策和专项方案。

  发改委政策研究室主任兼新闻发言人严鹏程近日表示,第三批混改试点的遴选工作已着手启动。石油、天然气领域的混改试点,拟待油气行业改革方案正式实施后,在第三批试点中统筹推进。

  今年初以来,发改委印发了《石油发展“十三五”规划》、《天然气发展“十三五”规划》,并在3月发布的2017年国民经济和社会发展计划草案中再次强调,抓好石油天然气体制改革,适度有序放开油气勘查开采等竞争性业务,完善油气进出口管理体制。

  泛海研究院能源高级研究员李君臣认为,油气体制改革作为我国深化改革的重要内容,大幕已经拉开。改革后,天然气气源竞争将更加激烈,输配层级将有效压缩,从而有效降低气电成本。此外,上海和重庆石油天然气交易中心投入运行,为天然气价格市场化提供了开放的交易平台。改革提速将为天然气产业发展逐步扫清体制障碍,有利于形成更有效率的产业体系,天然气发电也将从中受益。

  “三桶油”积极备战

  新一轮油气改革背景下,“三桶油”积极备战。

  中国石化集团近日印发的《2017年改革管理工作要点》提出,抓紧形成集团公司深化改革“1+N”政策体系并推进实施,推进三项制度改革试点,抓好科技体制机制改革试点,积极稳妥推进混合所有制改革等。中石化集团公司董事长王玉普5日主持召开专题会议,研究销售公司深化体制机制改革总体方案。

  从中石化改革步伐来看,目前25家境内外投资者以现金出资共计1070.94亿元认购中石化销售有限公司29.99%股权;管道方面,中国人寿、国投交通共同投资228亿元认购中石化川气东送天然气管道有限公司50%股权。此外,中石化旗下两家上市平台仪征化纤和江钻股份分别重组集团石油工程公司及机械装备资产。

  今年以来,中石油市场化探索也在推进。继去年12月集团审议通过《集团公司市场化改革指导意见》和《集团公司混合所有制改革指导意见》后,中石油在2月底公布了《大庆油田电力集团深化改革升级发展框架方案》、《昆仑能源有限公司扩大经营自主权改革实施方案》和《中心医院社会化改革试点方案》。中国石油(7.580, -0.02, -0.26%)天然气销售公司西部分公司日前在上海石油天然气交易中心完成首笔线上交易,使交易中心实现全国七大区域交易全覆盖。

  中海油正在积极推进炼化板块整合和海油发展上市。

  关注相关投资机会

  李锦认为,垄断程度相对较深的石油行业,油气改革的过程就是重组改制、合资合作,实行混合所有制,不断引入民资打破垄断。如果改革走向深入,油气产业的上下游各主要环节包括矿权出让、勘探开发、管网运输、流通、炼化等均将实现市场化改造,从而推进油气领域实现向市场化产业链的根本性转变。

  方正证券认为,作为混改的七大重要领域之一,今年油气改革将继续推进,可重点关注两方面的机会,一是“三桶油”引领油气行业混改,重点关注主辅分离、专业化重组的机会,特别是集团优质未上市资产证券化的机会以及中石油、中石化因资产结构优化、效率提升带来的改革红利;二是酝酿已久的行业改革总体方案有望年出台,重点关注油气区块流转和管网改革。

  华创证券认为,本次油气体制改革更多的是主题性投资机会,可关注三条投资主线:国营以及民营石化产业链天然气产业链、油气基础设施投资、国企改革进展。

凡标注来源为“经济参考报”或“经济参考网”的所有文字、图片、音视频稿件,及电子杂志等数字媒体产品,版权均属经济参考报社,未经经济参考报社书面授权,不得以任何形式刊载、播放。
南方基金

缺配套少资本 污水厂成“晒太阳”工程

缺配套少资本 污水厂成“晒太阳”工程

各地新修了一批乡镇污水处理设施,但乡镇管网建设相对城市更加落后,这些污水处理设施中,不少都面临成为“晒太阳”工程的风险。

2016年A股派现总额近万亿元

齐干却勒镇 北安谷 金湖路 水竹村 八五一一农场
黄牛蹄乡 三角池林场 银地社区 东马圈镇政府北侧 六水桥街道