BEIJING, Sept. 10 (UPI) -- China's overseas investments totaled $87.8 billion in 2012, up 17.6 percent from 2011, making it the world's third-largest investor, a government report said.
The report on China's outbound Foreign Direct Investment, released jointly by the Commerce Ministry, the National Bureau of Statistics and the State Administration of Foreign Exchange, said the year-on-year jump came despite a 17 percent decline in global overseas development investment last year due to uncertainties in the world economy, China Daily reported Tuesday.