Arab Today, arab today foreign direct investment in china falls in 2012
Last Updated : GMT 06:30:05
Arab Today, arab today
Arab Today, arab today

Foreign direct investment in China falls in 2012

Arab Today, arab today

Arab Today, arab today Foreign direct investment in China falls in 2012

Beijing - AFP

Foreign direct investment in China fell 3.7 percent in 2012 to $111.72 billion, according to the government. For the month of December FDI also declined, slipping 4.5 percent from the same month in 2011 to $11.7 billion, the commerce ministry said on Wednesday. Investment from the European Union declined 3.8 percent to $6.11 billion, the ministry said. But investment from the United States rose 4.5 percent to $3.12 billion, the ministry said, while investment from Japan increased 16.3 percent to $7.38 billion. \"The growth momentum of investment from some developed countries including the United States and Japan was good,\" the ministry said in a statement. Ministry spokesman Shen Danyang also said in a statement that in 2012, Chinese directly invested $77.22 billion overseas, an increase of 28.6 percent from the year before.

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