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Today: December 21, 2024
Today: December 21, 2024

China's Jan-Aug FDI down 31.5% y/y

Economy
Display of stock information in Shanghai
September 14, 2024
Reuters - Reuters

BEIJING (Reuters) - Foreign direct investment into China amounted to 580.19 billion yuan ($81.80 billion) in January-August, down 31.5% from the same period last year, the Chinese commerce ministry said on Saturday.

The slump was bigger than the 29.6% fall during Jan-July.

($1 = 7.0930 Chinese yuan renminbi)

(Reporting by Ellen Zhang and Ryan Woo; Editing by Alex Richardson)

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