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China’s financial institutions see net FDI inflow in 2018

Updated: Feb 15,2019 8:12 PM     Xinhua

BEIJING — China’s financial institutions saw a net inflow of foreign direct investment (FDI) worth $4.073 billion in 2018, official data showed on Feb 15.

The inflow of FDI totaled $15.36 billion last year while outflow stood at $11.287 billion, according to the State Administration of Foreign Exchange (SAFE).

Outbound investment from domestic financial institutions reported a net outflow of $7.35 billion in 2018.

Accumulated FDI in domestic financial institutions stood at $143.122 billion by the end of 2018, while outbound investment of domestic financial institutions reached $251.771 billion, SAFE data showed.