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May 26, 2017

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China outbound investment surges to record high in April-June: equity firm

BEIJING -- Outbound Chinese investment rose to a new high in the April-June quarter, a gauge by a private equity fund showed Tuesday, as the economy weakens and companies seek opportunities abroad.

The A Capital Dragon Index hit 2,125 points in the second quarter of this year as overseas investments jumped 67 percent from the same period the year before, A Capital said in a release.

The second-quarter increase surpassed the previous high of 2,069 points hit at the end of 2010, A Capital said.

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