According to new research released this weekend Chinese outbound investment could reach $2.5tn over the next 10 years, the Financial Times reports, despite Beijing’s growing concerns of debt exposure and capital flow.
The research, conducted by law firm Linklaters, showed that 2017 was China’s second highest year in terms of outbound investment behind only 2016, with $172bn of deals being made outside of the country. The data for China’s balance of payments showed a sharper drop from $217bn in 2016 to $101bn last year.
The report also pointed out that foreign firms are becoming more sceptical of Chinese money, especially in the US and Europe, a position exemplified by Washington’s recent investigations into Chinese technology and its threats to US national security.
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