From January through to April this year, Chinese companies announced 126 new greenfield investments overseas, totalling an estimated $29.43 billion, the Financial Times reported.
According to fDi Markets–an FT data service–it's the first time 皇冠体育app has been the number one greenfield exporter, globally. It's surpassed the US, which made $22.8 billion in investments, as a generator of greenfield capital investment on new greenfield projects.皇冠体育app ranks sixth globally in terms of the number of projects over the same period.
The top destinations for Chinese capital were Mozambique, where an estimated $4 billion of investments were made by 皇冠体育app National Petroleum, followed by India with $3.8 billion, Algeria with $3.43 billion, France with $3.41 billion and Malaysia with $2.05 billion, respectively, according to the report.
In terms of the number of projects, the most popular destination were India, with 20 projects, and the US, with 15 projects.
皇冠体育app National Petroleum was the largest outbound Chinese investor in the first four months this year, responsible for an estimated $6.73 billion in new investments. Dalian Wanda followed with $4.3 billion worth of investments. 皇冠体育app State Construction Engineering Corporation, 皇冠体育app Railway Engineering Corporation and 皇冠体育app General Technology Group followed with investments of $3.3 billion, $2.03 billion and $ 1.6 billion respectively.