China Jan-June FDI up 7.2% y/y in yuan terms


Reuters | Beijing | Updated: 11-07-2019 12:49 IST | Created: 11-07-2019 12:38 IST
China Jan-June FDI up 7.2% y/y in yuan terms
Image Credit: Storyblocks
  • Country:
  • China

Foreign direct investment (FDI) into China rose 7.2% in the first half of the year to 478.33 billion yuan ($69.7 billion) compared with a year earlier, the Ministry of Commerce said on Thursday.

In June, FDI into China grew 8.5% to 109.27 billion yuan, the commerce ministry said, up from May's 63.83 billion yuan. ($1 = 6.8635 Chinese yuan)

Also Read: UPDATE 2-EXCLUSIVE-West, Japan rebuke China at UN for detention of Uighurs

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback