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In contrast with the rebound of global FDI flow in 2021, China’s ODI failed to synchronize with the global recovery. The geographic distribution of China’s ODI is pivoting to global south countries in Latin America and Africa given that most advanced countries enhanced their regulations against fund flows from China.
The Covid-19 pandemic hit the world unexpectedly in 2020 and manifested the discrepancy between AEI and MOFCOM reported ODI figures. In this report, we try to redraw China's ODI footprint after excluding the round-tripping, project ODI in 2021 and summarize new features of China’s ODI in the post-pandemic era.
