China's Outbound Investment Surpases Inbound Investment
Filed in archive News on September 27, 2009
For the first time, China is sending more investment out of the country to the rest of the world than it is taking in from foreign investors, according to Seeking Alpha.According to Peoples' Daily, this year China could invest 150 billion U.S. dollars overseas. This is three times more than last year's figure of US$52 billion. People's Daily also states that, China's role in the global economy will shift from "manufacturer" to "capital exporter."
Will that change China's place in the world economy? A little...
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Tags: china investment more 2009 news investment+surpases surpases+inbound outbound+investment
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