Staying Power Keeps Foreign Investors in China
(Beijing) – Foreign direct investment in China has fallen off to start 2012, a trend some experts says means the manufacturing sector is losing its aura.
The Ministry of Commerce said the amount of foreign direct investment from January to May declined 1.9 percent compared with the same period last year, to US$ 47.1 billion.
Without the figures for May, when FDI grew 0.05 percent year on year, the first fourth months combined saw FDI drop by 2.38 percent from the same period in 2011. Also without May's figures, manufacturing sector FDI alone fell 4.4 percent.
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