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China’s ODI surges 53.7% in first 9 months

Updated: Oct 18,2016 11:36 AM     Xinhua

BEIJING — Chinese companies continued to invest big in the overseas market during the first nine months of the year, the Ministry of Commerce said on Oct 18.

China’s non-financial outbound direct investment surged 53.7 percent from a year ago to 882.78 billion yuan ($131.17 billion) in the January-September period, according to a statement posted on the ministry’s website.

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