Friday, March 16, 2012

Mar 16 - Incoming FDI Decreases 0.9% YoY in February


Source: Ministry of Commerce, ChinaScope Financial (Data)
+       Statistics released by the Ministry of Commerce (MOFCOM) on March 15 show that the foreign direct investment (FDI) coming into China in February was USD 7.72 billion, a 0.9% year-on-year decrease. This marks the fourth consecutive month with negative growth.
+       There were 3,005 new foreign-funded enterprises established during the first two months of 2012, a 11.59% year-on-year decrease.

FDI coming into China decreased for the fourth consecutive month.

The lion’s share of China’s FDI comes from other Asian countries, and is invested in Eastern China.
Other News Headlines:
n China’s National Social Security Fund Makes Average Annual Returns of 18.6%
n Incoming FDI Decreases 0.9% YoY in February
n Net Profit in Gold Industry Increases 36.18% to Nearly CNY 2 Billion in January
n Ping An Insurance made a Net Profit of CNY 19.4 Billion in 2011
n 7 Days Group to Enter Mid-range Hotel Market

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