Sign of the new times: Foreign money to nation surging
By Ding Qingfen | China Daily | Updated: 2009-12-17 07:57
China's foreign direct investment (FDI) reached its highest total in 16 months during November, sustaining the rising trend since August, a clear signal that the nation's speedy economic recovery is attracting more foreign investors.
The FDI climbed as high as 32 percent from a year earlier to $7.02 billion last month, compared with a 5.7 percent bump in October, according to the Ministry of Commerce.
China's FDI rose by 7 percent in August, the first monthly growth since last October when the financial crisis landed. Foreign investment grew by 19 percent in September.
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