MOFCOM: China’s FDI down 6.1% to USD 11.76 Bn in March

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Source: Ministry of Commerce, ChinaScope Financial (Data)

+       According to the Ministry of Commerce (MOFCOM), China’s net inflow of FDI decreased 6.1% to USD 11.7 billion in March, the fifth month in a row with YoY decreases.

+       In the first quarter of 2012, the accumulative net inflow of FDI amounted to USD 29.48 billion, down 2.8% year-on-year.

+       FDI coming from the 27 European countries was USD 1.41 Bn, down 31.2% YoY while FDI from the US was USD 893 Mn, down, up 10.1% YoY in 2012Q1.

Incoming FDI was USD 11.76 Bn in March, down 6.1%, marking the fifth month in a row with negative growth rates.

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