Chinese and Bri Markets

bri: Photo AP Overseas direct investment ODI from China may be shifting toward the Belt and Road Initiative BRI as Chinese companies face growing difficulties entering the US. Chinese and foreign experts said the shift could bring significant changes to the global investment landscape, and could benefit BRI countries and regions with investment grade ratings, according to Global Times China. The comments come as Chinese ODI to the US fell to a seven-year low in 2018, while steadily growing in BRI markets. The forum, which will be opened by Chinese President Xi Jinping this weekend in Beijing, has drawn leaders from around the world. Chinese investment to BRI markets grew at an annual rate of 5.2 percent from 2013 to 2018, or 90 billion, Ministry of Commerce data shows. Company representatives typically declined to comment on their firms' investment plans in the US, citing disclosure concerns. The Global Times reached out to a dozen Chinese companies and top industrial leaders in their respective fields for their takes on the trend. (news.financializer.com). As reported in the news.

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