Arab Today, arab today foreign investment in china in 1st fall for 3 years
Last Updated : GMT 03:01:09
Arab Today, arab today
Arab Today, arab today

Foreign investment in China in 1st fall for 3 years

Arab Today, arab today

Arab Today, arab today Foreign investment in China in 1st fall for 3 years

Beijing - AFP

Foreign direct investment in China declined for the first time in three years in 2012, official data showed on Wednesday, amid economic turmoil in developed markets and a slowdown in China. FDI, which excludes financial sectors, into China declined 3.7 percent to $111.72 billion last year from 2011, the commerce ministry announced. It slipped from an all-time high of $116 billion recorded in 2011 and was the first year-on-year decrease since 2009, according to previous figures. Ministry spokesman Shen Danyang said, meanwhile, that in 2012, Chinese directly invested $77.22 billion overseas in non-financial sectors in 141 countries and regions, an increase of 28.6 percent from the year before. The investment figures come as China\'s economy slowed throughout most of 2012, while developed economies such as the United States, the European Union and Japan largely remained weak. For the month of December FDI into China also fell, slipping 4.5 percent from the same month in 2011 to $11.7 billion, the commerce ministry said. Economic growth in China has declined for seven straight quarters through the three months ended September, though recent positive signs have led economists to expect a rebound in the fourth quarter and this year. GDP growth figures for the fourth quarter and all of 2012 are scheduled to be released on Friday. The median forecasts in surveys of economists by AFP are for growth of 7.8 percent in the fourth quarter and 7.7 percent in 2012. Economists polled also expect the economy to grow 8 percent in 2013. The lion\'s share of FDI into China comes from 10 Asian countries and economies including Japan, Taiwan and Hong Kong. That figure declined 4.8 percent last year to $95.74 billion, the ministry said. Investment from the European Union fell 3.8 percent to $6.11 billion, the ministry said. But investment from the United States and Japan increased. Inflows from the US gained 4.5 percent to $3.12 billion, while those 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. However, growth of investment from Japan last year slowed from the 33.2 percent gain recorded in 2011 amid a spiralling dispute between Beijing and Tokyo over uninhabited islands in the East China Sea. Shen, the ministry spokesman, downplayed the overall decline in FDI, saying a study by the ministry did not find foreign investment leaving the country on a large scale. \"We still actively encourage foreign investment\", he said, adding that China has been the largest foreign investment host nation among developing countries for 20 consecutive years. In 2013, the ministry will \"keep fundamental policies on foreign investment stable and the overall size of FDI stable\", he said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today foreign investment in china in 1st fall for 3 years Arab Today, arab today foreign investment in china in 1st fall for 3 years

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today foreign investment in china in 1st fall for 3 years Arab Today, arab today foreign investment in china in 1st fall for 3 years

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Trump: End of Daesh is in sight

GMT 20:29 2017 Monday ,23 October

Trump: End of Daesh is in sight
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Lost Australia diver swam miles

GMT 19:09 2017 Monday ,23 October

Lost Australia diver swam miles
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla to build wholly-owned plant

GMT 07:55 2017 Monday ,23 October

Tesla to build wholly-owned plant
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Rogina happy for reactions to “The Flood”

GMT 09:30 2017 Friday ,20 October

Rogina happy for reactions to “The Flood”
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday