Statistics
China's outbound investment drops by 60% in H1
(Xinhua)
Updated: 2009-10-16 12:00
China's overseas direct investment (ODI) totalled $13.3 billion in the first half year, down 60 percent from a year earlier, said a report issued by the State Administration of Foreign Exchange Thursday.
Outbound investment from China's financial and non-financial sectors both fell in the first half of 2009, with ODI from the non-financial sector declining by 51 percent to $12.5 billion, and financial ODI dropping by 76 percent to $2 billion, according to the report.
It also said that the non-financial ODI went to, from the most to the least, Asia, Europe, America, Africa and Oceania while the financial ODI was mainly channeled into well-developed financial markets like Hong Kong, Britain and the US.
China's foreign direct investment slipped by 40 percent year-on-year in the first half to $48 billion, said the report.
