Mainland China’s overseas investments surged in 2017, with the king’s share of capital flowing towards the special administrative zone of Hong Kong.
Figures from the State Administration of Foreign Exchange indicate that China’s overseas investment portfolio expanded to USD$498 billion in 2017, from $360 billion as of the end of 2016.
$304 billion of this portfolio is comprised of equity investments and the remaining $194 billion of bonds.
Hong Kong is host to nearly a third of mainland China’s overseas investments, followed by the United States in second place with $145 billion, and the Cayman Islands in third with $38 billion.
