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Chinese outbound tourists were returning to the domestic market due to the COVID-19 pandemic.

Chinese companies should think carefully about potential investment risks, and should establish a security mechanism associated with energy sector development on the continent to reduce enterprise risks, he said.

Chinese outbound M&A represented more than 40 percent of deals in Asia-Pacific from 2015-2017, but saw shares drop markedly in H1 in 2018, the report showed.

Chinese companies will manage to achieve reasonable growth in overseas markets in fields such as project development, manufacturing and services this year, despite the novel coronavirus pneumonia epidemic, said business leaders and officials.

Chinese investment in commercial property in the United Kingdom has fallen by more than 70 percent this year, according to new data, with analysts attributing the drop to the control of capital outflows from China and uncertainty over Britain’s pending exit from the European Union.