Chinese outbound foreign direct investment for the first ten months of the year has plunged by over 40% compared to the same period in 2016.
Nations participating in Xi Jinping’s much-vaunted Belt and Road initiative have seen a surge in Chinese mergers and acquisitions despite efforts by Beijing to stifle capital outflows.
The latest official data points to a plunge in overseas real estate investment by Chinese investors for the first half of 2017.
A new law promulgated by China’s Ministry of Finance could see senior executives at the country’s state-owned enterprises pursued for liability in the case of heavy losses on foreign investments.
China’s Ministry of Commerce is touting its success in curbing “irrational” outbound foreign investment in the first half of 2017.
Europe is drawing more foreign direct investment from China than the United States due to political sensitivities and security concerns.