Chinese deal activity shifts toward emerging markets and into greenfields

NEW YORK -- Chinese outbound foreign investment is shifting away from such advanced economies as the U.S. and Europe to emerging markets and are increasingly focused on greenfield projects, a new database from Rhodium Group shows, posing new challenges for governments eager to counter China's economic influence.

Outflows have rebounded after the COVID-19 pandemic in the past two years. There was $103 billion worth of announced investment last year, but investment levels remain much lower than previous highs.