Chinese financial institutions report $4.36 billion FDI in Q2
China's financial institutions, including banks, insurers and securities firms, saw net investment inflows from overseas investors in the second quarter of the year, according to the country's foreign exchange regulator Friday.
Foreign direct investment (FDI) in China's financial institutions came at 4.63 billion U.S. dollars during the period, while 3.14 billion dollars of investment flowed out, resulting in a 1.49-billion-dollar net inflow, the State Administration of Foreign Exchange (SAFE) said in a statement on its website.
China's financial institutions made a net overseas investment of 1.1 billion U.S. dollars during the period.
SAFE has been publishing data on a quarterly basis since 2012 to increase the transparency of foreign exchange statistics.