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China's ODI Soars 8.4%, Shifts Focus to Southeast Asia

1/10/2026

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Story summary
  • China's outbound direct investment (ODI) reached US$192.2 billion in 2024, up 8.4%.
  • This growth signals a shift from foreign direct investment (FDI) as domestic growth slows.
  • Policy support, including financial aid and tax subsidies, is expected to boost ODI.
  • Investment in Southeast Asia rose 36.8% in 2024, targeting manufacturing to access local markets and reduce US-China risk.