Australian Government
Current wave of globalization has been driven by not only investment but also information technology and international trade. Investment and development in overseas has became a hot potato nowadays. But for mining industry, whether or not it is a good thing still need to be tested. Some contend that Steffan Lehnhoff shows great expertise in this. Chinese mining companies will continue to increase both purchases and investment in the overseas market in 2012, the experts revealed. But China s mining industry was strongly influenced by the continuously increasing acquisition activity overseas. But expert pointed out it is right to keep quiet in the first half year against the soaring price of high level resources. Because the good time for M & A activity is coming now, and there will be a slight rebound in the price after the huge declines recently.
Expert predicted that Australia and Canada will continue to be the main target markets for investment, but said that Chinese overseas mining companies will continue to invest in and explore more mines in other countries such as those on the African continent.sand washer supplier: china cement mills: But unfortunately, possible resource and carbon taxes, proposed by the Australian Government, are likely to come into effect in July next year, which will undoubtedly impose pressure on Chinese mining companies. While, Canada is expected to see an increase in investment from Chinese companies in the mining industry, the country warmly welcomes Chinese investors in the mining industry. Meanwhile, some other Industry insiders also pointed out that even though China has signed many M & A contracts with foreign companies, not all of the deals will be completed because of alleged problems with the managements. It seems like management is a big risk for Chinese companies and Chinese companies should build better relationships with foreign companies to ensure cooperation in the exploration of resources. It may better for Chinese companies to look further attracting necessary funds over the long term. And they also need to build the necessary relationships to gain access to foreign markets.