Investment Outflow

Overseas direct investment into China’s financial institutions, including banks, insurers and securities firms, saw a net outflow of $1.29 billion in the first quarter of 2017, the nation’s foreign exchange regulator said on May 9.

This is an increase from a net outflow of $1.1 billion in the fourth quarter of 2016, which was equivalent to roughly half of the net outflow of overseas investment into the industry registered for the whole of 2016, according to data from the State Administration of Foreign Exchange (SAFE).

In the first three months, China’s financial institutions made net outbound investments totaling $1.98