FDI is Falling (Or Is It?)

Related entries: Economy, General, Investment

The People’s Daily reports that, according to the Ministry of Commerce, foreign direct investment (FDI) in China is down (though technology deals are up), year-on-year:

    “Only 37.192 billion U.S. dollars was used from January to August, down 2.11 percent from the same period of last year”

However, another report notes an important factor, that:

    “Investment in the financial sectors, including banking, insurance and securities, is not included. Last year, China’s financial sectors drew a total investment of over US$10 billion”.

Expect a clarification in due course (again). And keep an eye on all those statistics!

See news sources:

    China uses less foreign investment this year
    People’s Daily Online – Beijing,China
    China is making less use of foreign investment this year, according to statistics released Friday by the Ministry of Commerce. Only …

    EU plans first WTO litigation against China
    People’s Daily Online – Beijing,China
    The European Commission said it will launch the first ever litigation against China at the World Trade Organization (WTO) by seeking a settlement panel for an …

3 Responses to “FDI is Falling (Or Is It?)”

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    […] ng to Forbes) is set to be served up on 27 October. The financial services sector took in US$10 billion in foreign investment last year (taking the total to around US$13 billion). I hav […]

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