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Citigroup eyes US$500 billion in outbound investments from China and East Asia

SCMP LogoSCMP3h ago

Citigroup eyes US$500 billion in outbound investments from China and East Asia - SCMP

Quick Summary:

Chinese and Taiwanese companies will invest nearly US$300 billion overseas, while those from South Korea will funnel US$200 billion.

This would flow into markets such as North America, Eastern Europe, Southeast Asia and India into areas like battery manufacturing, EVs, semiconductors and renewables.“Emerging corridors are developing largely due to supply-chain shifts and capital expenditures in transformative industries such as artificial intelligence, semiconductors and EVs,” Rizvi said.“This trend is expected to continue.

Meanwhile, South Korean companies’ investments would be about US$200 billion over the same period.


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Article Details

Author / Journalist: Aileen Chuang

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 08:30:08 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 231 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 26411254

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About SCMP

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Main Topics: Business

Official Website: scmp.com

Update Frequency: 18 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #42

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