US still tops China's overseas portfolio investment list

BEIJING - The United States remained the top destination of China's overseas portfolio investment at the end of 2015, according to the State Administration of Foreign Exchange (SAFE) on Tuesday.

China invested $111 billion, including investment in equities and bonds, in the United States as of the end of 2015, SAFE said on its website.

China's Hong Kong came second, attracting $58.5 billion, followed by the Cayman Islands with $16.7 billion.

In total, China made $169 billion of overseas equity investment and $112 billion of overseas bond investment, according to the SAFE.