Outbound non-financial foreign direct investment from China has seen a sizeable decline since the start of 2021.
China saw 459.71 billion yuan in non-financial outbound foreign direct investment (FDI) during the period from January to August, for a YoY decline of 4.3%, according to figures released by the Ministry of Commerce (MOFCOM) on 16 September
FDI in Belt and Road nations totalled USD$12.89 billion, for a YoY rise of 9.2%, accounting for an 18.1% share of the total.
Local enterprises made outbound non-financial FDI of $55.11 billion, for a YoY rise of 11.9%, accounting for 77.6% of the total.
This included $45.42 billion in FDI by enterprises based in ten of China’s coastal provinces and cities, for a YoY rise of 11.3%.