Unease at US driving China into Asean arms

• Published 28 Jan 2010

Fears of anti-dumping cases from the US and EU is one factor motivating investments in Asean by Chinese companies.

The big lesson that Beijing learned from the global financial crisis was that depending on the US can be painful. The slump in US demand hit Chinese exporters hard in late 2008, stripping more than an estimated 20m factory workers of their jobs. Beijing also looked on helplessly as the value of its huge US investments fell along with the dollar.

China Confidential Funds

China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.

Other Articles on this Issue

• Financial China

  Banking: Peering into the murk

• Capital Intensive China

  Are bullish developers dreaming?

• In Depth

  Vietnam and China trade brightens

• Funds Data

  China fund flows stall on signs of monetary tightening

• The Best of Chinese Commentators

  Which economic uncertainties loom largest?

  Raising the bank reserve requirement

• Guest Column

  Vietnam after the financial crisis

• Macro View

  A Manichean polarity

• View issue