Chinese companies announced $9.5 billion worth of investments in Asia in the second quarter of the year, more than any other region, led by big bets on energy, automotive, and mining, according to new data from the Rhodium Group.
The Chinese FDI boost in Asia helped to lift overall investment numbers for the quarter, making up for the sharp downturn in the second half of last year. But Rhodium analysts note that even though the Q2 figures do indicate positive momentum, they’re still lower compared to the same period last year.