China's outbound investment hits record US$214 billion as US flows collapse

China deployed a record US$214 billion in outbound direct investment in 2025, up 11.1% year on year. But investment bound for the United States fell 71.3% to US$1.91 billion — the lowest level since 2011 — as Chinese capital pivots sharply away from the American market.

Photo: Wikimedia CommonsPhoto: Enochlau, CC BY-SA 3.0 / Wikimedia Commons