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Economy

Outbound financial FDI rises

1
2016-05-10 09:03Global Times Editor: Li Yan

China's outbound foreign direct investment (FDI) in the financial sector stood at $17.79 billion in the first quarter of 2016, up by 11.75 percent from the previous year, data from the State Administration of Foreign Exchange (SAFE) showed on Monday.

FDI by domestic financial institutions reached $30.61 billion during the period, with a withdrawal of $12.83 billion in direct investment, the SAFE said.

  

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