China Hits Brakes on Overseas Investment Drive

In the first six months of 2017, China’s nonfinancial outbound direct investment (ODI) fell 46% year-on-year to $48.2 billion. The amount for all of 2016 was $170.1 billion. China’s outbound investment slowed in the first half on rising geopolitical uncertainties and closer Chinese government scrutiny on cross-border investments as it seeks to stave off capital flight and …

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