In the news: Outbound investment explodes and Hong Kong firms to advise on PRC law

China outbound investment reaches $84 billion in a report from UN Trade and Development Conference and Hong Kong firms may be allowed to merge and advise on PRC law in Guangdong

2 minute readJuly 18, 2013 at 11:29 AM

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Outbound investment reaches $84 billion

China Daily reported that the country moved from sixth place to third in outward foreign direct investment last year, placing just behind Japan and the US.

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