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China’s outbound direct investment (ODI) has recently experienceda surge as Chinese companies set their eyes overseas. By the end of2010, China’s ODI in non-financial sectors had totaled $258.8 billion.In 2010 alone, ODI in non-financial sectors grew 36.3 percent to reach$59 billion. Mei Xinyu, an associate research fellow with the ChineseAcademy of International Trade and Economic Cooperation, said inan article for Beijing Review China should cool down its overseas investmentfever because of of the hidden risks brought by soaring ODI.Edited excerpts follow:
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