On Establishing the System
of Overseas Investment Insurance in China
ABSTRACT
With the fast development of the international investment and the continuous expansion of China’s foreign direct investment, many countries has realized that it is not enough to protect the country’s overseas investment simply by means of encouragement measures, and that, more importantly, it must also be protected by law, so the country’s overseas investment can against or less affected by the losses caused by political risk, thus the establishment of a sound insurance system for overseas investment has become vital. This paper analyzes the necessity of establishing overseas investment insurance system based upon the current development of China’s overseas investment and its limitation under the protection of bilateral agreements and the Multilateral Investment Guarantee Agency of China’s overseas investment. It also gives a more detailed comparative analysis on underwriting agencies, insurance coverage, underwriting conditions of the United States, Japan and Germany’s the system of Overseas Investment Insurance. In consideration of China’s condition, this thesis, through the successful experience and practice on overseas investment guarantee system from the United States, Japan, Germany and other countries, puts forward legal proposals on constructing China’s overseas investment insurance system.
Key words: Investment insurance scheme System Legal thought
