China’s Outbound Direct Investment (ODI) is going to ASEAN countries

China’s outbound direct investment reached a record high of $87.8 billion in 2012, making it the world’s third-largest outward investor during the period. [xinhua]

In 2013, China continues to seek opportunities around the world and especially Asia. The population in south-east asia is growing fast, infrastructure projects will offer opportunities for investments and cooperation. It comes at no surprise that China and its neighbours seek to lift bilateral ties under the new circumstances.

Cooperation between China and the ASEAN countries holds great potential. President Xi JinPing visited Jakarta last week and then continued to Malaysia. Meeting with top level officials in Indonesia and Malaysia to strengthen cooperation and investments in those countries and the region.

Also Chinese Premier Li Keqiang left Beijing on Wednesday morning to attend the East Asia leaders meetings and pay official visits to Brunei, Thailand and Vietnam from October 9 to 15.