China's 2020 FDI inflow expected to hit record high, surpassing the $140 billion mark

[xizhimen]

China's 2020 FDI inflow expected to hit record high
10:29, 26-Dec-2020

Foreign direct investment (FDI) into the Chinese mainland, in actual use, is tipped to hit a record high by surpassing the $140 billion mark, the Ministry of Commerce (MOFCOM) said Friday.

Preliminary estimates indicate the second-largest economy's FDI inflow will reach roughly $690 billion during the 13th Five-Year Plan period (2016-2020), outweighing $60 billion earned during the 12th Five-Year Plan period (2011-2015), MOFCOM said.

The country's FDI inflow ticked up for eight straight months in November. In the first 11 months of 2020, FDI climbed by 6.3 percent from the year-earlier period.

China served as the world's second-largest recipient in the 2017-2019 period, with FDI inflow ascending by 5.8 percent from the year-earlier period to reach 941.5 billion yuan ($143.9 billion) in 2019, next only to U.S. FDI inflow of $251 billion.

China's 2020 FDI inflow expected to hit record high: official data

news.cgtn.com

 

[crixus]

Congrats now use this money to develop another covid version 2 and screw the world again

 

[xizhimen]

Congrats now use this money to develop another covid version 2 and screw the world again

We don't know who developed it, the earliest trace of the virus so far is being traced back to September last year in Italy.

The coronavirus emerged in Italy as early as September of last year, a study shows

A study by the National Cancer Institute (INT) of Milan shows revealed that the coronavirus was circulating in Italy as early as September 2019.

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