China’s outbound investment in the first half of 2015 rose 29.2% over the previous year to push total outward investment to RMB343.2 billion (US$55 billion), Bloomberg reported, citing new figures from the Ministry of Commerce. That growth dwarfed an 8.3% gain in foreign direct investment, which at RMB420.5 billion still towered in absolute terms over outbound investment, for the time being. “The turning point will take place within this year–China will be a net provider of investment funds to the world,” said Chen Bingcai, a researcher at the Chinese Academy of Governance.