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China's foreign direct investment falls in July

Started by sajiv, Aug 17, 2009, 10:52 PM

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China's foreign direct investment falls in July

China received $5.36 billion in foreign direct investment (FDI) in July, down 35.7 percent year on year, said Ministry of Commerce spokesman Yao Jian Monday.

China's total export-import volume between January and July decreased by 22.7 percent year on year to $1,146.71 billion. Imports and exports volume for July amounted to $200 billion, illustrating the falling off in foreign trade, Yao said.

The amount of direct Taiwanese investment in the Chinese mainland totalled $1 billion in the first half of the year, down 14.94 percent year on year, and the trade volume between the two shrank 35.1 percent to $52.53 billion in the same period, he said.

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