[塑塑竺竺!!!!竺竺竺竺竺竺!竺幽卿:堕塑塑塑鎏___一一___鎏鍪鎏圜塑受塑astoinationandapprovalproceduresfordomesticcompaniesinvestmentatregulationonforeignexchangemanagementTheStateAdministrationofForeignExchangerSAFE)postedonitswebsiteadrafinvolvingdomesticenterprisesinvestingabroadtosolicitpublicopinionsAccordingtothedraftdomesticcompanieswillbeallowedorehandinancingaftertheirinvestmentoverseasinsteadofobtainingapprovalbeftoregisterthesourceoftheirforeignexchangefinancingfrommoresourcesincludingdomesticforeignexchangeThedraflregulationalsoallowsdomesticenterprisestoseekfitsgainedabroadoreignexchangewithRMBtheforeigncurrencyfundsenterprisespossessandtheirprofloanspurchasingfexam.OutbosimplifyundinvestmentofChineseenterprisesmavbeexpandedChin’a’sofreignexchangbroaderegulatorsaidonMay18thatitplans..,.,,,,.SAFEwillalsoimproveitssupervisionoveroverseasinvestmentbycarryingoutannualinspectiononinvestmentprojectstotgetherwiththeMinistryofCommercesaidthedrafftrlinisaimeatfacilitatinandencouragingChinesecompaniestoinvestabroadandstandardizingmanagementThedraeguatodgtChinasoutboundofforeignexchangeinvolvedinsuchinvestmentsaidSAFEinanannouncementwhichcamealongwiththedrafromayearearlier(Xinhua)directinvestmentreachedUS$556billionin2008up194percentf—,..’...,.AUS..reguminumingtheproposeCorpofChina(Chinalco)andtheindirectminorityinChinalcosaidvestmentinKennecottUtahCopperCorp14TheapprovalwasgivenbytheCommitteeofonMay—latorgrantedclearancetoRioTintodissueofconvertiblebondstoAluregard—..,.Foreig,nInvees’tmentintheUesnalcoChinaslargy.talumitedStatesfCFIUS)inumproducern.,saidChi—InFbruarChinalcosignedtoinvest1ionintheironoregiantRioTintoofAustrathirdlargestminingcompanytosecureresourcesuppliesforChinaandhelpcutRiosheavydebtUndertermsoftheplanneddealChinalcowillinvestUS$72billioninconvertiblebondsandUS$123billioninRioTintoironorecopper.—US$195billiatheworlds。.’’.—....andmaluminumstakess.ThisfollowreceiptofapprovamlsfrnomtheAustraliananCopetitiormannandConsutheGeFederaComlCartelOfficemerissioMonM.arch25udonarch31(XinhNChinaves’sstate—ownedassetregulatorwilllaunchanin—tig.ationneintoindenvesrtmentsmathestateowteprisesin.debycentrallyadministeredinancialsectorinabidtofhelpthemavoidrisksAtotalof28SOEsincludingAirChinaChinaEasternAirlinesandChinaCOSCOHoldingsCohaveinvestedininancialderivativesbutmostofthemsufferedlossesf.。..intoidingconcernoftheSOEinancialderivativesistoensuretheyfvicedirectorsaidLiWeispeculateTheoverr..s.wheidntheyinvesttavoorisknsan.dnone.ftheStateissio.owdnAssetSupervisionandAdministrationC.omm.alostRMB75billionfUS$11billion)oinntratbtheendoflastyearandChinfuelhedgcsgcoyEasternswrongwaybetsonhedgingdraggeditsrevenudownRMB64billionAirChin’..ae—..LitivessaidSOEtmmushiringfinanrisksandgettingthecSOEsareshort“inancialderivahichplantoinvestinfabidingbyhedgingruleseetfourconditionsorconsultationcontrollingcialinstitutionsfsw——,.ommoissionancannffipprovalialtalenttodealinn’sa.sucrhinan—vesvtmentss.,whichledtothe”.unwdesrestimatiosunofisksdiolationvessocommsa.issioillissueintigationneLiaidTheSOEsrahavesee.ggestionsafteranntheirfirstannualmore.declineinitlatprofyeatyearsince30percentfromDaily)gotodivingRMB665-29billion2002than(ShanghaiCH\"烘S团