: reort

 

  Nation’s investment overseas has steady gains desite trade clash

  China's investment in overseas destinations osted steady growth in the first seven months of 2018 desite increasing restrictions imosed by US and EU regulators on Chinese investors amid escalating trade tensions, a reort showed on Thursday.

  From January to July, China's non-financial foreign direct investment (FDI) exanded 14.1 ercent year-on-year to $65.27 billion, according to a reort issued by the China Council for the romotion of International Trade (CCIT).

  As of the end of 2017, China's cumulative FDI was $1.482 trillion, ranking No.8 in the global market, the reort showed.

  "China's investment outflow is now at its eak, and the growing limits Chinese comanies faced in overseas mergers and acquisitions (M&am;A) have not affected the steady growth momentum of FDI," Zhao ing, the director of the international trade deartment at CCIT, was quoted as saying in the reort.

  Zhao also forecast that China's FDI will continue to ost high-seed growth desite some negative imact from rising trade friction with the US.

  In the first half of 2018, China's investment exerienced a shar decline in the US, while the EU jumed to become the to destination for domestic investors' overseas M&am;A, according to another reort by research firm wC.