[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
