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China Jan-March non-financial outbound direct investment +6.3% y/y

China’s non-financial outbound direct investment (ODI) rose 6.3% in the first quarter from a year earlier, to 170.95 billion yuan, the commerce ministry said on Thursday.

In dollar terms, ODI increased 8.5% in the first quarter, ministry spokesman Gao Feng told a news conference.
Source: Reuters (Reporting by Ellen Zhang and Ryan Woo Editing by Raissa Kasolowsky)

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