USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Finance

US remains top destination for China's overseas portfolio investment

Xinhua | Updated: 2016-12-01 09:32

US remains top destination for China's overseas portfolio investment

Flags fly over the New York Stock Exchange at Wall Street, New York City, the United States, July 5, 2011. [Photo/IC]

BEIJING - The United States remained the top destination for China's overseas portfolio investment at the end of the second quarter, State Administration of Foreign Exchange data showed Wednesday.

China made about $312 billion of portfolio investment, including investment in equities and bonds, in overseas markets by June, with $116.6 billion invested in the United States, the administration said on its website.

China's Hong Kong was second, attracting $72.4 billion, followed by the Cayman Islands with $20.3 billion.

Total overseas portfolio investment was 11.11 percent higher compared with last year.

In a breakdown, China made $186.7 billion of overseas equity investment and $125.4 billion of overseas bond investment, the administration said.

China started to publish country-specific figures on overseas portfolio investment in January this year after the country formally joined the Coordinated Portfolio Investment Survey conducted by the International Monetary Fund, at the end of 2015.

Most Viewed in 24 Hours
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US