China Jan-Aug FDI jumps up 22.3% y/y in yuan terms

xizhimen

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China Jan-Aug FDI jumps up 22.3% y/y in yuan terms​

By Reuters Staff
SEPTEMBER 16, 2021

BEIJING, Sept 16 (Reuters) - Foreign direct investment (FDI) into China in the first eight months of the year jumped 22.3% from the same period last year to 758.05 billion yuan ($117.7 billion), China’s commerce ministry said on Thursday.
Non-financial outbound direct investment (ODI) for January-August period dropped 1.3% from a year earlier to 459.11 billion yuan, Shu Jueting, ministry spokesperson told a press conference.

 

xizhimen

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China issued many new laws and policies in the past year to stop foreign "hot money" 热钱 from pouring into China, but without much success.
 

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