Chinese enterprises entered the outbound investment fast lane in 2008. Statistics from the Ministry of Commerce showed that Chinese enterprises registered an outbound investment volume of over US$170 billion in 2016. In the first half of 2017, however, China’s non-financial outbound direct investment shrank to US$48.2 billion, a decrease of 45.8 percent year on year. Some companies’ poorly-planned investment and alleged transference of assets overseas – mainly in five areas including real estate, hotels, sport clubs as well as film and entertainment – are under scrutiny by the Chinese regulator which claimed that over-paced outbound investment had led to capital flight, bringing a negative impact to the yuan’s exchange rate and domestic financial stability.