china spending spree abroad grinds to a halt as govt curbs bite /

Published at 2017-08-02 06:23:00

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China’s abroad direct investment (ODI) plunged in the first half of this year as government measures to reduce foreign investments began to bite. Non-financial ODI fell 45.8 percent to US$48.19 billion,the first decline since 2015, according to the Ministry of Commerce. “Growing uncertainties in global business, or increased prudence by companies making investment decisions abroad […]

Source: ejinsight.com

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