One of the most high profile Chinese outbound investments of the past decade was Anbang Insurance Group investment in the iconic Waldorf Astoria hotel in New York. Photo: AFP
One of the most high profile Chinese outbound investments of the past decade was Anbang Insurance Group investment in the iconic Waldorf Astoria hotel in New York. Photo: AFP
Economy /  China Economy

China’s overseas investment fell 10 per cent last year, as government crackdown on capital flight continues

  • China’s outbound direct investment (ODI) fell 9.6 per cent to US$143.04 billion in 2018, according to the Ministry of Commerce
  • Decline also comes amid crackdown on capital flight from Chinese authorities and marks second ever annual decline in China’s ODI

Cissy Zhou
Cissy Zhou

Updated: 11:00pm, 13 Sep, 2019

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One of the most high profile Chinese outbound investments of the past decade was Anbang Insurance Group investment in the iconic Waldorf Astoria hotel in New York. Photo: AFP
One of the most high profile Chinese outbound investments of the past decade was Anbang Insurance Group investment in the iconic Waldorf Astoria hotel in New York. Photo: AFP
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