China Still Finds it Tough to Bring In Foreign Investment

(Bloomberg) — A decline in China’s inbound foreign direct investment (FDI) worsened through the first 10 months of the year, underscoring the difficulty Beijing faces in attracting foreign business even as it touts a more open environment.

Actually utilized FDI through October dropped 9.4% in yuan terms from the same period last year, according to data from the Ministry of Commerce. That was wider than the 8.4% decline through September.