China's Investment Increases In Belt And Road Countries

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China's investment increases in Belt and Road countries

China's outbound investment was generally stable during the first three quarters of the year, although the raging COVID-19 pandemic and other factors dampened cross-border investment globally, the Ministry of Commerce said Thursday

BEIJING, (APP - UrduPoint / Pakistan Point News - 22nd Oct, 2020 ) :China's outbound investment was generally stable during the first three quarters of the year, although the raging COVID-19 pandemic and other factors dampened cross-border investment globally, the Ministry of Commerce said Thursday.

Chinese companies hiked investment in countries along the Belt and Road during the period, with non-financial direct investment surging 29.7 percent year on year to reach 13.02 billion U.S. Dollars, Gao Feng, spokesperson for the ministry, told a press briefing.

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