Monday, April 17, 2017

Yen Nee Lee — China's start-ups are changing, and that has major global implications

China's non-financial outbound investments rose from $5.5 billion in 2004 to a new high of $170.11 billion in 2016, according to data compiled by the country's National Bureau of Statistics.….

"Chinese enterprises have begun to rapidly increase their global investment to achieve mid- to long-term growth. With the 'One Belt, One Road' initiative and other strategies serving as a powerful engine, more Chinese enterprises are expected to invest overseas and, therefore, a double-digit growth rate in China's outward [foreign direct investment] is expected in the next few years," Loletta Chow, global leader of EY's China Overseas Investment Network, said in a report....
CNBC
China's start-ups are changing, and that has major global implications
Yen Nee Lee

1 comment:

Bob said...

Didn't American businesses do something similar when they began investing in Asia?