US remains top destination for China's overseas portfolio investment

BEIJING - The United States remained the top goal for China's abroad portfolio speculation toward the end of the second quarter, State Administration of Foreign Exchange information demonstrated Wednesday.
China made about $312 billion of portfolio speculation, incorporating interest in values and securities, in abroad markets by June, with $116.6 billion put resources into the United States, the organization said on its site.
China's Hong Kong was second, drawing in $72.4 billion, trailed by the Cayman Islands with $20.3 billion. Add up to abroad portfolio venture was 11.11 percent higher contrasted and a year ago. In a breakdown, China made $186.7 billion of abroad value venture and $125.4 billion of abroad bond speculation, the organization said.

China began to distribute nation particular figures on abroad portfolio interest in January this year after the nation formally joined the Coordinated Portfolio Investment Survey led by the International Monetary Fund, toward the end of 2015.