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Direct foreign investments in China drop 1.4%

16.10.2014, 12:29
Direct foreign investments (DFI) in China’s economy fell for the third consecutive month in September indicating investors’ caution in the world’s second largest economy, Vestifinance.ru says.

Direct foreign investments in China drop 1.4%
YEREVAN, October 16. /ARKA/. Direct foreign investments (DFI) in China’s economy fell for the third consecutive month in September indicating investors’ caution in the world’s second largest economy, Vestifinance.ru says.

In annual terms, investment rates rose in September after a slump in August.

In September the Chinese economy attracted DFI of $9 billion, which is a 1.9% increase compared to September 2013. A 14% decline, biggest since February 2012, was recorded in August when direct foreign investments were down to $7.2 billion.

DFI are an important factor of healthy economy, but still a small contribution to overall capital flow in China compared to exports that amounted to $2 trillion in 2013.

A representative of China’s ministry of trade Shen Danyan said last month that DFI in China may reach a record-high level of $120 billion this year. –0--