FDI in China down 2.38 percent in January-April

Wednesday, 16 May 2012 17:37:00 (GMT+3)   |  
       

According to China's Ministry of Commerce (MOC), the country attracted $37.9 billion in foreign direct investment (FDI) in the first four months of this year and attracted $8.4 billion in April, respectively down 2.38 percent and 0.74 percent year on year.
 
In the January-April period, FDI from the European Union decreased by 27.9 percent year on year, while inward investment from the US rose by 1.9 percent compared to the same period last year. FDI from 10 Asian economies increased by 0.6 percent year on year to $33.1 billion in the first four months, the MOC said.