Chinese authorities will continue to monitor the trend of “irrational” overseas investments in the real estate, hospitality and film industries, a spokesman for the state planner said on Tuesday.
After rising 44 percent last year, outbound direct investment by Chinese firms fell 45 percent year-on-year in the first half of this year.
While Beijing says it supports legitimate overseas investment, regulators since late 2017 have warned against what they call irrational investments in certain sectors.
Source: cnbc china
China to keep monitoring 'irrational' overseas investments