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: AFPOne 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
Topic |   China economy
Cissy Zhou
Cissy Zhou

Updated: 11:00pm, 13 Sep, 2019

Why you can trust SCMP
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: AFPOne 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
READ FULL ARTICLE