China’s outbound investment tanked in the first five months of 2020 due to the COVID-19 pandemic and an across-the-board regulatory shift in most developed markets, according to findings in a recent report by Baker McKenzie and research firm Rhodium Group.
Between January and May, outbound investments from China dropped both in deal count and in value, the report found. Compared with the same period in 2019, new outbound deals announced by Chinese companies were down 88% in total value, at $6.4 billion. Until the end of May, Chinese investors announced an average of 30 outbound deals each month so far this year, just one-third of the average 90 deals every month during 2016-18, the period when China’s overseas investment peaked.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]