Strong Growth in Foreign Investment in China

NY Times

Foreign direct investment in China in June jumped 20.12 percent from the same period a year earlier, the Commerce Ministry said Wednesday, the quickest gain since March 2011. China drew $14.4 billion in foreign direct investment in June, the ministry said, while in the first half, that investment totaled $62 billion, up 4.9 percent from the same period of 2012. Foreign direct investment, or F.D.I., is an important gauge of the health of the external economy, toward which China’s vast factory sector is oriented, but it is a small contributor to overall capital flows compared with exports, which were worth about $2 trillion in 2012.

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