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China's non-financial ODI slumps in Jan-April

2014-05-16 11:28 Xinhua Web Editor: Qin Dexing

Chinese companies recorded a 12.9-percent decrease in their investment overseas from a year ago during the first four months of this year amid global economic uncertainty, according to data released by the Ministry of Commerce (MOC) on Friday.

China's outbound direct investment (ODI) in non-financial sectors slumped 12.9 percent year on year to $25.69 billion in the January-April period, narrowing from a 16.5-percent decline seen in the first quarter, MOC spokesman Shen Danyang said at a press conference.

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