BR America       中文       Deutsch       Français       日本語       ChinAfrica
Search      Subscribe
Home      Nation      World      Business      Opinion      Lifestyle      Multimedia      Documents      Special Reports      Africa Travel
Latest Headlines
China Sees Record Outbound Financial Assets Expansion in 2016

China saw record expansion of outbound financial assets in 2016 as domestic investors bought overseas assets.

Outbound direct investment grew by $211 billion in 2016, up 12 percent, according to the State Administration of Foreign Exchange (SAFE).

Overseas securities investment grew by about $100 billion , up about 30 percent, while foreign deposit, loan and trade credit more than doubled.

China continued to see strong inbound foreign direct investment, attracting about $153 billion, while inbound securities investment more than quadrupled, the statement said.

The capital and financial account registered a deficit of $37.6 billion in 2016 but is expected to narrow in 2017.

The SAFE expects increasing foreign investment and more rational overseas asset allocation by domestic investors.

(Xinhua News Agency February 8, 2017)

About Us    |    Contact Us    |    Advertise with Us    |    Subscribe
Partners: ChinAfrica   |   |   China Today   |   China Pictorial   |   People's Daily Online   |   Women of China   |   Xinhua News Agency   |   China Daily
CCTV   |   China Tibet Online   |   China Radio International   |   Beijing Today   |   gb times   |   China   |   Eastday   |   CCN
Copyright Beijing Review All rights reserved 京ICP备08005356号 京公网安备110102005860号
Chinese Dictionary: