BEIJING: China’s overseas direct investment (ODI) surged in February as a state-owned oil company put nearly $3 billion into a Dutch transaction, official data showed on Tuesday, while inbound investment slowed.

ODI jumped 68.2 percent year-on-year to $7.25 billion, the commerce ministry said, while for the first two months of the year it rose 51 percent to $17.4 billion.

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