Current situation,risks and countermeasures of overseas investment in China's aluminum processing industry
China is the global largest aluminum producer,consumer and exporter.Alumi-num fabrication enterprises are becoming embroiled in serious industry involution and suffer-ing frequent international trade frictions.Going overseas will reduce tariffs and logistics costs for enterprises and also pave the way for them to fit into global competition and grow into in-ternational enterprises.At present,aluminum fabrication enterprises are just launching their steps in going global,the pace is accelerating,and overseas production capacity has been more than 600 kt/a,showing the features of global layout closely following the end custom-ers,cluster development of overseas investment destinations,multiple investment models,and a focus on countries and regions with investment preferential policies.However,over-seas trading will not see a royal path,as it will face external risks such as politics and econo-my,as well as cost increases caused by incomplete supply chains,difficulty in localization management,and challenges in anti-circumvention trade investigations.China's aluminum fabrication enterprises should examine the comprehensive cost in the new context,choose the suitable way of overseas investment,balance risks and benefits from the perspective of long-term development,and not blindly follow up.