Chinese Sovereign Wealth Fund Maintenance And Overseas Economic Interests

As more and more chinese companies invest overseas, they encounter a lot of risks, including political risks and economical risks. So how to protect overseas economic interests becomes more and more important to China.At the beginning of the 21st century, the number of the sovereign wealth funds(SWFs) becomes more and more, and their scale becomes more and more larger. Sovereign wealth funds have emerged as important investors in global financial market, attracting growing attention. During 2007, China established its own SWF-China Investment Corporation, and it caused a strong reaction in the world, especially in the developed countries. Because of little is known about the investment objectives and performance, a few of countries, such as USA, Germany, Australia, see sovereign wealth funds as a threat, that strict monitoring and legislation should be taken.In this context, the thesis adopts the case studies and comparative analysis to research the Sovereign Wealth Funds and the overseas economic interests protection. In addition, this thesis make a detailed analysis of Singapore, Norway and Korea's sovereign wealth fund to try to indicate how the SWF is to manage, operation, invest in order to protect their nation's overseas economic interests.As China's Sovereign Wealth Funds, CIC should do some efforts during following aspects to protect China's overseas economic interests. First is to join to constitute the world's new economic rules and frames; Second is to fulfill socially responsible investing to improve Chinese companies overseas image; Third is to establish Sovereign Development Fund to help the developing countries to develop economy and to improve environment. Fourth is to release more information to enhance investment transparency. Fifth is to invest extensively to protect China's economic security; Sixth is to establish perfect company government framework to be accepted by the target countries.