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Full Version: China June FDI rises at fastest pace in more than two years
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Hmm... China still attractive for foreign investors, even with lower growth forecast...Big Grin

China June FDI rises at fastest pace in more than two years

BEIJING – Foreign direct investment in China in June jumped 20.12 per cent from a year ago, the Commerce Ministry said, the quickest gain since March 2011, showing that investors are still confident about the world’s second-largest economy even as growth slows.

China drew US$14.4 billion (S$18.2 billion) in foreign direct investment in June, the ministry said on Wednesday, while in the first half, FDI totalled US$62.0 billion, up 4.9 per cent from the same period of 2012.

FDI is an important gauge of the health of the external economy, to which China’s vast factory sector is oriented, but it is a small contributor to overall capital flows compared with exports, which were worth about US$2 trillion in 2012.

http://www.todayonline.com/business/chin...-two-years