Research On Foreign Exchange Risk Management In Chinese Enterprises’ Overseas New Infrastructure Investment

With the rapid development of China’s economy,the relations of the world’s economies have become increasingly close.With the continuous development of China’s Internet industry,the field of foreign investment of Chinese companies has gradually shifted from the traditional infrastructure field to the modern network infrastructure field.Faced with the ever-increasing demand for international communications,the supply of international transmissions and the hosting services of data centers are also undergoing huge tests.Chinese companies have also launched new overseas infrastructure projects.At the same time,with the outbreak of the global epidemic in 2020,various uncertain and unstable factors have had a greater impact on global cross-border investment.Among the many foreign investment risks,political risks are more difficult to control for companies,while foreign exchange risks are easier to control from the perspective of companies and projects.As a new field of overseas investment by Chinese enterprises,new infrastructure has industrial characteristics that other traditional industries do not possess.China’s overseas investment in new infrastructure is still in its infancy.Companies lack experience in dealing with exchange rate risks,and their overall foreign exchange risk management capabilities are low.This study will be based on the current actual overseas investment of Chinese companies,focusing on new infrastructure projects represented by the Internet,taking the domestic neutral data transmission service provider A company’s investment and construction project in Malaysia as a research case to analyze foreign exchange risk management and control issues.At the same time,based on the current status of company A,comprehensively focusing on the local political and economic situation in Malaysia,focusing on the three types of foreign exchange risks,with the help of internal and external tools,the corresponding foreign exchange risk management and control plan was proposed.Considering that Company A,as a leading company in the domestic Internet industry,its overseas investment practices have a certain reference significance for similar companies,which will help Chinese companies to implement foreign exchange risk management and control in overseas investment.The purpose of this research is to use qualitative and quantitative research to formulate response strategies and preventive measures basefd on foreign exchange risk management theories and international investment theories,to improve the foreign exchange risk management level of overseas new infrastructure investments by Chinese companies,to correctly avoid foreign exchange risks,and to ensure The project proceeded smoothly.