Biz
Used FDI down 20.4% in first five months in China
2009-Jun-15 13:58:52
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 $34.05 billion, said MOC spokesman Yao Jian.
In May alone, the investment dropped 17.8 percent to $6.38 billion, the eighth straight monthly fall, Yao told reporters Monday.
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