Date
17 December 2017

China seen investing US$500 bln overseas in 5 years, report says

Top leaders in Beijing see good diplomatic relationships with Southeast Asian nations as a key priority, China News Service quoted China’s ambassador to Malaysia Chai Xi as saying Sunday. As China will invest up to US$500 billion overseas in the coming five years, Malaysian banks and China’s embassy in Malaysia should make every effort to attract such investments, Chai said at the opening ceremony of a new branch of Bank of China (3988.HK, 601988.CN) in Kuching and the launch of a China visa office in that city, according to the report.

– Contact HKEJ at [email protected]

EL/AC

 

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