The United States was the top destination for China's overseas portfolio investment at the end of the second quarter, according to the latest data from the State Administration of Foreign Exchange.
China invested about US$312 billion, including in equities and bonds, in overseas markets by June, with US$116.6 billion going to the United States, the administration said on its website.
China's Hong Kong was second, attracting US$72.4 billion, followed by the Cayman Islands, attracting US$20.3 billion.
Let's take a look at the top five destinations for China's overseas portfolio investment.
No 5 Britain
Amount: US$13.7 billion
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| Participants celebrate The Lord Mayor procession in London, Nov 12, 2016. (Photo/IC) |
No 4 British Virgin Islands
Amount: US$14.3 billion
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| A view of the Peter Island harbor in British Virgin Islands. (Photo/IC) |
