Risk Measurement And Prevention Of Chinese Enterprises' Outward Foreign Direct Investment

The present world economy is undergoing complicated and profound changes,and it is still influenced by the international financial crisis,the world economic recovery is very slow,the development is not balanced,and the international investment trade patterns and multilateral trade rules is undergoing profound adjustments,the development of many countries is still grim.China's economic system reform go into a critical stage,it is complex and difficult than ever before,the speed of economic growth enter a new period.In addition,the total amount of Chinese manufacturing industry accounted for more than 20 % of the world,some industries overcapacity,Chinese enterprises " going out" is the inevitable choice for further development of China's economy.In this background,the Chinese government launched "the Belt and Road" strategy,Chinese enterprises outward foreign investment speeds up.Enterprises transnational operation in China has made great progress,but compared with developed countries,it is still large behind.Because of the complexity of the international business environment and management,Chinese enterprises are lack of multinational operation and management experience,its management system is not adapted to the needs of the international operation,the enterprise in the process of "going out" often encounter unexpected risks.In summary,a serious research of risk early warning,risks identification and effective response is the premise of successful investment.The population of the "the Belt and Road" countries is more than 4.4 billons,its GDP is more than 21000 billons,and the potential of these countries is very large.With the development of the AIIB,China's investment momentum will be strengthened.But most countries along the "the Belt and Road" are still developing countries,their economic bases are very weak,and the differences of politics society and culture between those countries are very large.The risk and uncertainty are very heavy.In response to " the Belt and Road" strategy,this article embarks from the host country investment environment,try to find out the factors that strong correlation with overseas investment risks,and set up a system of risk identification by using the five indexes(contains 31 sub indicators)of macro-economic base,national debt paying ability,social and cultural environment,political policy risk and bilateral relations with China.Using the standard deviation,weighted calculation,this paper measured the risk of 35 countries in the above five aspects.And at last,from the macro and micro two levels,analyses China's foreign direct investment risk prevention strategies,find out the Chinese enterprises outward foreign direct investment risk prevention measures,and put forward policy suggestions.