China's FDI inflow declines
Quotes

China's FDI inflow declines

Last Updated: Tuesday, November 20, 2012, 13:29
 
 Comment 0
 
China's FDI inflow declines
Beijing: Foreign direct investment (FDI) into China dropped 0.24 percent year on year in October to USD8.31 billion, according to figures released by the commerce ministry Tuesday.

The drop was less sharp compared to September, when FDI into China dropped year on year to USD8.43 billion, reported Xinhua.

This is the fifth consecutive monthly drop in the country's FDI inflow.

The figure brought the total FDI inflow for the first 10 months of 2012 to USD91.74 billion, down 3.45 percent year on year, said ministry spokesman Shen Danyang.

In the first 10 months, investment from the US reversed a trend of decline and rose 5.3 percent year on year to USD2.7 billion. Investment from Japan surged 10.9 percent from a year earlier to USD6.08 billion, Shen said.

Investment from the EU dropped 5 percent year on year to USD5.24 billion.

The fall was smaller compared to the first nine months. Investment from the EU dropped 6.3 percent year on year to USD4.83 billion from January to September.

IANS



First Published: Tuesday, November 20, 2012, 13:29


Comments


comments powered by Disqus
Tata Zest first drive review: In pics
Tata Zest first drive review: In pics
Google I/O 2014
Google I/O 2014
Maker Faire @ White House
Maker Faire @ White House
Amazon unveils 3D `Fire` smartphone
Amazon unveils 3D `Fire` smartphone
RIL`s 40th AGM
RIL`s 40th AGM

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved