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China's non-financial ODI up 1.8% in 2011

Jan. 20, 2012 (China Knowledge) - China's overseas direct investment (ODI) in the non-financial sectors climbed 1.8% year on year to US$60.07 billion last year, according to the latest statistics released by the Ministry of Commerce.  

US$22.2 billion or 37% of the total overseas direct investment was completed through mergers and acquisitions.

As of the end of last year, Chinese investors had invested a total of US$322 billion in 178 foreign countries and nations in the world.

Last year, China's investment in Europe and Africa experienced a rapid growth. The country's investment in Europe surged 57.3% year on year to US$4.61 billion and that in Africa jumped 58.9% to US$1.70 billion.

Overseas direct investment in the E.U. surged 94.1% to US$4.28 billion.

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