China January foreign direct investment rises in sign of confidence - 0 views
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Christopher P on 28 Feb 14Although the rate of economic growth in China has slowed recently, a high amount of Foreign Direct Investment in China shows that there is still a large amount of confidence in the economy. Investment increased 16.1% over last year, up to $10.76 billion. Growth has shifted away from manufacturing towards services, partly due to an effort by the government to restructure the economy. In addition, the FDI by China to foreign countries has increased by nearly 50% to $7.23 billion, showing that the country receives nearly the same amount in FDI as it provides to other countries, reflecting balanced investment,