中國主權基金的發展與影響

The Development and Influence of China's Sovereign Wealth Fund

蔡學儀(William Tsai)

《真理財經學報》 24期 (2011/06) Pp. 39-66

https://doi.org/10.29963/TOJEB.201106.0003

摘要

2008年金融風暴發生在全球最資本主義的地區的最資本主義的產業，使得資本主義受到廣泛的檢討，同時也讓國家資本主義再度獲得重視。不少採取國家資本主義的新興國家和中東產油國紛紛成立主權基金，在國家力量的主導之下以資本主義的形式運作於國際市場擴張國家利益。尤其中國投資公司在金融風暴期間積極收購歐美大型金融機構的股權引起西方國家的關注，擔心是否因此影響西方的經濟安全和全球金融市場的穩定。為深入了解中國主權基金的發展和影響，本文首先介紹中國投資公司的背景和運作，並就投資活動內容和對全球經濟可能的影響進行分析。

關鍵字

主權（財富）基金 ； 中國主權基金 ； 中國投資公司 ； 2008年全球金融危機

並列摘要

2008 financial crisis occurred in the most capitalized industry of most capitalized area in the world, leading to the review of capitalism and the resurgence of national capitalism. Several newly industrialized countries upon national capitalism established sovereign wealth funds (SWFs) for best investment returns. However, the Chinese Investment Company (CIC) is the one receiving most attention, not only for the great asset volume of the CIC, but also the power competitions between China and the West. Some believe the CIC is a political instrument, being using strategically to buy the West. It may cause political and economic turbulences for the world. This article aims to analyze the CIC's organization, governance, investment activities, and effects on global political economic system. Discussions of opportunities and challenges of the CIC are included.

並列關鍵字

Sovereign Wealth Funds (SWFs) ； China's Sovereign Wealth Fund ； Chinese Investment Company (CIC) ； 2008 Financial Crisis