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Chinese insurers preferred to invest in real estate projects because they have the potential to appreciate in value and are easy to cash out. Acquiring financial institutions is also a popular strategic move, Hao added.
Chinese companies invested 105.96 billion yuan in countries involved in the Belt and Road Initiative, accounting for 13.1 percent of the total.
Chinese e-commerce giant JD will invest 2 billion yuan (2 million) over the next three years to establish the headquarters of its unmanned delivery vehicles in Changsha, capital of Hunan province.
Chinese conglomerate Geely Holding has hit a speed bump on its way into the United States, as Ford Motor has challenged the trademark application for its new car brand Lynk & Co.
Chinese liquor company Jiangxiaobai announced that it has finished series C round of fundraising without disclosing the amount.