China H1 outbound investment up 58.7% to US$89b: commerce ministry

[BEIJING] China's non-financial outbound direct investment rose 58.7 per cent in the January-June period from a year earlier, to US$88.86 billion, the Ministry of Commerce said on Tuesday.

For June, outbound investment rose 44.9 per cent to US$15.34 billion.

China's overseas investment had risen 61.9 per cent in the January-May period from a year earlier, to 479.26 billion yuan (S$98.41 billion).

REUTERS