Chinese Outbound Investment: The Inside Story
China’s outbound direct investment (ODI) reached a record high of USD 108 billion in 2013, representing a 22.8 per cent increase over the previous year, and is expected to surpass foreign direct investment (FDI) into the country in 2017. During the recent Asia-Pacific Economic Cooperation (APEC) Economic Leaders Meeting, President Xi Jinping stated China’s intention to invest more than USD 1.25 trillion abroad over the next decade.