e-magazine
Going for Gold
The Nanjing Youth Olympic Games combine sporting events with cross-cultural education for young athletes
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Weekly Watch
Expert's View
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Expat's Eye
Health
Science/Technology
Lifestyle
Books
Movies
Backgrounders
Special
Photo Gallery
Blogs
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links

Market Avenue
eBeijing

ECONOMY
THIS WEEK> THIS WEEK NO. 35, 2014> ECONOMY
UPDATED: August 26, 2014 NO. 35 AUGUST 28, 2014
FDI Falters
Share

Foreign direct investment (FDI) into the Chinese mainland fell sharply again in July, slumping 16.95 percent from a year earlier to $7.81 billion, the Ministry of Commerce (MOFCOM) said on August 18.

The sharp decline was in contrast with a 0.2-percent increase in June, according to the ministry.

For the first seven months, the FDI, which excludes investment in the financial sector, stood at $71.14 billion, down 0.35 percent from the same period last year.

MOFCOM spokesman Shen Danyang said year-on-year fluctuation of inbound FDI data is totally normal.

"It has nothing to do with the recent anti-trust probes. The Chinese Government launched such probes with the aim of creating a fair market for all market participants," he said.

Meanwhile, the outbound FDI by Chinese non-financial companies soared 84.9 percent from previous year in July, compared with a year-on-year decline of 5 percent in the January-June period.



 
Top Story
-Special Reports: Fighting Against Ebola Virus
-Special Coverage: China's Commitment to Africa
-A Celebration of Youth and Unity
-Special Reports: Nanjing 2014 Youth Olympic Games
-Empowerment Through Infrastructure
Most Popular
在线翻译
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved