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Global risks to grow for Chinese ventures overseas

Posted On: Jan. 5, 2023 9:42 AM CST

A report by state-run China Export & Credit Insurance Corp. said that geopolitical uncertainties and instability and slow global economy will drive risk higher for Chinese companies' overseas investments, Asia Insurance Review reported citing China Daily. The report developed countries such as the US and European countries, which have suffered high inflation and weakened economic vitality this year, will inevitably suffer a brief recession this year.