GREY:ADEXF - Post by User
Post by
Shlinker_on Oct 22, 2014 9:23am
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China Overseas Investments Read...
China Overseas Investments Read...China
By Gerry Shih and Matthew Miller
BEIJING, Oct 22 (Reuters) - China's overseas direct investment is projected to rise at least 10 percent annually for the next five years, a trend that will soon make the country a net capital exporter, a senior commerce ministry official said on Wednesday.
"It's only a matter of time," said Zhang Xiangchen, an assistant minister at the Ministry of Commerce (MOFCOM), referring to when China's outbound investment will eclipse inbound investment.