China’s investment in Belt and Road countries increases

Security guards walk past a billboard for the Belt and Road Forum for International Cooperation in Beijing on May 13, 2017. Photo: AFP/Wang Zhao. Sketched by the Pan Pacific Agency.

BEIJING, Oct 22, 2020, Xinhua. 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, Xinhua reported.

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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