China's April non-financial outbound direct investment (ODI) fell 71 percent from a year earlier as the government maintained a tight grip on funds leaving the country despite a high-profile outward push through the Belt and Road initiative. Outbound investment in April totalled $5.82 billion, compared with $19.98 billion a year ago, according to Reuters' calculations based on data from the Ministry of Commerce. In the first four months of the year, ODI fell 56 percent from a year earlier to $26.36 billion, accelerating from a 48.8 percent decline in the Jan-March period, ...
China's April outbound direct investments dip 71%, despite OBOR push
Outbound investment in April totalled $5.82 billion, compared with $19.98 billion a year ago