Chinese overseas investments rebound with strong Asia focus

China is shifting towards manufacturing abroad as opposed to natural resources; on the other hand, Chinese overseas lending has weakened due to domestic economic concerns.

Chinese outbound foreign direct investments FDI have bounced back from the lows of the Covid pandemic in 2021 and 2022, with increased investment in Asia. However, Chinese overseas lending has softened due to weaknesses in the domestic economy.

“Chinese outbound foreign direct investments are growing and the total for 2024 will be much higher than 2023,” Jean-Marc Blanchard, founding executive director of the Mr Mrs S.H. Wong Center for the Study of Multinational Corporations, a US think tank, told FinanceAsia.

“I disagree vehemently with the claim that Chinese outbound foreign direct investment is becoming small and beautiful’,” Blanchard declared.

China's non-financial outbound direct...

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