China’s outward push on FDI

ARTICLE: “Dealing with sinophobia: An oil deal highlights foreigners’ wariness towards Chinese companies,” The Economist, 12 July 2008, p. 72.

We always hear about inward FDI, but rarely do we hear about China’s outward flow, which according to a chart here remained under $5b a year on average til 2004. Then ‘04’s $5b-plus moves up about $12b in ’05, then the high teens the last two years.

A key tipping point for China’s “deep Core” status? More outward than inward flow.