China’s outbound direct investment reached a record high of US$214 billion last year, even as investment in the United States plunged to its lowest level in more than a decade amid growing geopolitical and regulatory uncertainty, latest official data showed.Outbound direct investment was up 11.1 per cent in 2025 compared to the previous year, making China the world’s second-largest source of global capital, behind only the US and ranking ahead of Japan, according to an annual report jointly...