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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
