A fresh report says China became the second largest source of outbound direct investment in 2015. The report from the Ministry of Commerce, National Bureau of Statistics and State Administration of Foreign Exchange says China’s outbound direct investment flows totaled about U.S.$150 billion in 2015.

That was an increase of about 18 percent. China replaced Japan as the second largest source of ODI behind the United States. 

Meanwhile, foreign direct investment in China amounted to about U.S.$140 in 2015. That was U.S.$10 billion less than the ODI in the same period and made China a net capital exporter for the first time.