(Source: CGTN)
A fresh report says China's overseas direct investment will slow in 2017. The report from the China Credit Rating agency and the Chinese Academy of Social Sciences says tightened scrutiny on ODI will help tame overheated investments.
The report points out changing trends in Chinese ODI -- more investments will flow to developing countries, offshore financial centers and surrounding countries.Investments in the mining sector are expected to fall due to a sluggish commodities market and declining domestic demand. The report also said investment in the countries tied to the Belt and Road initiative would likely increase.