Off the wire
Xinhua China news advisory -- June 3  • Garden festival kicks off in Ireland, attracts residents, visitors  • Venezuela sends aid to Cuba after tropical storm Alberto  • Venezuela prepares list of political opponents to be freed from jail  • JSE edges weaker as firmer South African rand pulls down mines  • JSE closes lower as U.S. dollar continues to gain  • JSE closes higher buoyed by banks and general retailers  • Microsoft eyes establishing software start-up in Turkey  • Chinese mainland claims 6 of world's top 100 universities in latest THE rankings  • U.S.-EU trade war could "devastate" Irish whiskey industry: IWA  
You are here:   News/

China's outbound investment second only to Japan in 2018

Xinhua,September 17, 2019 Adjust font size:

<span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">China's outbound investment second only to Japan in 2018 - Xinhua |</span>

China's outbound direct investment (ODI) amounted to 143 billion U.S. dollars in 2018, making it the world's second-largest outward investor, new government data showed.

Although the volume was down 9.6 percent year on year, it came second only to Japan, according to a report released by China's Ministry of Commerce, together with other departments.

At the end of 2018, the country's accumulated ODI stood at 1.98 trillion U.S. dollars, ranking third in the world following the United States and the Netherlands.

More than 27,000 Chinese investors had established about 43,000 overseas enterprises in 188 countries and regions by the end of last year, the data showed.

China's ODI had seen rapid growth over the past decades, but authorities have set stricter rules in recent years and advised companies to make investment decisions more carefully.