Enduring slump in FDI flows beckons changes
By Shi Chenyu | China Daily | Updated: 2009-02-25 07:48
Recent statistics released by the Ministry of Commerce show that actual foreign direct investment (FDI) in the Chinese mainland dropped significantly in January, down 32.67 year on year. It was the fourth straight monthly decline.
In context of the ongoing global financial crisis, and given last January's drastic FDI growth rate and this year's seven-day Spring Festival holiday, the 32.67 percent FDI slump is by no means a source of pessimism.
However, some emerging trends in the country's FDI development deserve special attention.
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