News Snapshot:
BEIJING (Reuters) – China’s non-financial outbound direct investment (ODI) in the first six months of 2022 rose 0.8% from a year earlier to 351.67 billion yuan ($52.13 billion), the Commerce Ministry said in a statement on Friday. In dollar terms, ODI increased 0.6% in the January-June period. ($1 = 6.7465 Chinese yuan renminbi) (Reporting by Beijing newsroom; Editing by Christian Schmollinger)
