China’s January-September FDI Rose More Than 9%

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The FINANCIAL — China’s foreign direct investment rose more than 9% to 584.74 billion yuan ($92.2 billion) in the first nine months of this year, state broadcaster CCTV said on October 11, citing data from the Ministry of Commerce, according to Nasdaq.

“The powerful pickup of China’s ability to lure foreign investment is in stark contrast to the global slump of investment by multinational companies,” CCTV said, without providing further details.

China’s FDI rose 9.2% during the January-August period, compared with a year earlier.

 

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