China’s Outbound Investment Falls for First Time on Record
* Direct investment in the U.S. dropped 62.1% in 2017 to $6.43 billion, as Trump administration tightened scrutiny of Chinese investments
* Chinese direct investment in Europe surged 72.7% to a record $18.46 billion in 2017.
China posted its first annual decline in outbound investment on record in 2017 amid domestic scrutiny of corporate debt and rising foreign hurdles.
- 1In Depth: Tesla Charges Into China
- 2China Biz Roundup Podcast: Factory Inflation Stalls, iPhone Discounts, and Private Kindergarten Closures
- 3Update: China’s New Credit Growth Hits Record High
- 4 Operators of ‘Underground Banks’ Which Move Cash Out of China to Face Jail
- 5China Suspends Registration of Direct Selling Firms
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas