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Used FDI down 20.4% in first five months in China

(Xinhua)
Updated: 2009-06-15 13:28

BEIJING -- China's Ministry of Commerce (MOC) Monday announced that the amount of used foreign direct investment (FDI) fell 20.4 percent year on year in the first five months in China.

The figure from January to May stood at US$34.05 billion, said MOC spokesman Yao Jian.

In May alone, the investment dropped 17.8 percent to US$6.38 billion, the eighth straight monthly fall, Yao told reporters Monday.

Related readings:  Used FDI down 21% in first four months in China  FDI decline 'not cause for concern'  China still top destination for FDI  FDI norms look set to be tweaked  FDI in China declines 20.6% in Q1