BEIJING, Jan. 21 (Xinhua) -- China's non-financial outbound direct investment (ODI) rose 10.5 percent year on year in 2024, further solidifying its position as a major player in outward investment, ...
Hence, the local government is considered penny wise but pound foolish, wise and clever in saving small numbers of money but unwise (foolish) and wasteful with large sums. In Chinese, we use a similar ...