Plunge in China's new foreign direct investments


BEIJING: The amount of new foreign investments that China attracted in May shrank by the most in 16 months, hurt partly by its cooling economy, though the trade ministry says the outlook may be brightening for exporters.

The Ministry of Commerce said yesterday that China attracted US$8.6bil in foreign direct investments (FDIs) in May, down 6.7% from a year ago and the weakest performance since January 2013.

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Business , China , foreign investment.

   

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