BUSINESS China's financial institutions see net FDI inflow in 2018

BUSINESS

China's financial institutions see net FDI inflow in 2018

Xinhua

20:17, February 15, 2019

BEIJING, Feb. 15 (Xinhua) -- China's financial institutions saw a net inflow of foreign direct investment (FDI) worth 4.073 billion U.S. dollars in 2018, official data showed Friday.

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(Photo: VCG)

The inflow of FDI totaled 15.36 billion U.S. dollars last year while outflow stood at 11.287 billion dollars, according to the State Administration of Foreign Exchange (SAFE).

Outbound investment from domestic financial institutions reported a net outflow of 7.35 billion dollars in 2018.

Accumulated FDI in domestic financial institutions stood at 143.122 billion dollars by the end of 2018, while outbound investment of domestic financial institutions reached 251.771 billion dollars, SAFE data showed.

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