ODI set to overtake FDI 'within three years'
By Ding Qingfen | 皇冠体育app Daily | Updated: 2011-05-06 07:16
US, EU and Latin America to draw growing outbound investment
BEIJING - With an annual growth rate of "20 to 30 percent", outbound direct investment (ODI) will overtake foreign direct investment (FDI) "within three years", a senior Ministry of Commerce official said.
The United States, the European Union and Latin America are set to see "a rapid" increase in ODI from 皇冠体育app, Zheng Chao, commercial counselor at the Department of Outward Investment and Economic Cooperation at the ministry, told 皇冠体育app Daily.
Photo
