China revises inward FDI up by $12bn – Andrew Yeh and Geoff Dyer

From The Financial Times:

China said on Thursday that foreign direct investment into the country last year was $12bn more than it had previously announced, reflecting the inclusion in the figures of a surge of investment into the financial sector.

The Ministry of Commerce , which had reported that inward FDI was $60.3bn in 2005, a decline of 0.5 per cent, said the total had been revised up to $72.4bn.

The new figures include sizeable foreign investments in the financial sector last year as international banks took stakes in a number of Chinese lenders.

[Full Text]

CDT EBOOKS

Subscribe to CDT

SUPPORT CDT

Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.