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Nation's ODI falls but B&opulent beauties.R deals increase

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2018-04-12 10:49:57Global Times Li Yan ECNS App Download

China's overall outbound investment fell in 2017 as the investment structure continued to optimize, a report from global consulting firm EY showed on Wednesday.

In 2017, China's outbound direct investment (ODI) fell 32 percent year-on-year to $134 billion, according to the report EY sent to the Global Times on Wednesday.

The decline reflected many factors including the rise of international trade protectionism and a complex global investment environment, the report showed.

The fall in ODI took place as China's investment structure improved.

Loletta Chow, global leader of EY's China overseas investment network, said that China's outbound investment has moved into a "steady adjustment stage" from a rapid growth phase in 2017, with the investment structure tilting toward the real economy.

Alex Zhu, EY's transaction advisory services leader in northern China, said that China's mergers and acquisitions (M&chinese Erotic divas.As) in the real economy, such as transportation, rose in 2017 despite an overall decline in the number of outbound M&seducing starlets.As.

For example, the value of overseas M&Korean exotic women.As in the automotive and transportation sectors hit $45.1 billion, up more than five times on a yearly basis.

Chow also stressed that China's investment into the countries and regions along the routes of the Belt and Road (B&chinese Alluring ladies.R) initiative increased despite the overall drop in total ODI.

Data provided by China's Ministry of Commerce in January showed that Chinese companies made 62 M&Sleek divas.As in countries and regions along the B&Chinese dreamy hotties.R routes in 2017 with $8.8 billion, up 32.5 percent on a yearly basis.

According to the report, the B&ample vixens.R investment progressed smoothly while China's M&transfixing ladies.As in the Association of Southeast Asian Nations (ASEAN) countries reached a new high, which is expected to lead the way in B&Chinese Magnetic vixens.R investment. In 2017, the deal value of Chinese M&seducing women.As in ASEAN surged to $34.1 billion, up 268 percent.

  

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