THE United States was the top destination for China’s outbound portfolio investment of US$286.8 billion by the end of June last year, data showed yesterday.
China made US$116.7 billion of portfolio investment, including investment in equities and bonds, in the US as of June, the State Administration of Foreign Exchange said on its website.
Hong Kong came second with US$49.5 billion followed by the Cayman Islands with US$16.3 billion.
In total, China made US$177.8 billion in overseas equity investment and US$109.1 billion in overseas bond investment, according to the SAFE.
It was the first time SAFE published country-specific figures on outbound portfolio investment after China formally joined a global survey conducted by the International Monetary Fund at the end of last year.
Shanghai Daily
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