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Definition of 'Capital Budgeting':
The process in which a business calculates whether projects such as building a new plant or investing in a long-term risk are worth pursuing. Oftentimes, a prospective project's lifetime outflows and cash inflows are assessed in order to calculate whether the returns generated meet an enough target benchmark.
Also defines as "investment appraisal."
Pls help with this + provide references > Briefly outline the most recent balance of payments experience for China and comment on whether the balance of payments situation will ha
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