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China’s FDI rises 7.3% in October

China’s FDI rises 7.3% in October

Mubasher: Foreign direct investment (FDI) in China rose 7.3% year-on-year in October, registering $9.7 billion, the Ministry of Commerce said on Thursday.

This rate came slower than the growth figure of 8.3% in the previous month.

China’s FDI also grew 6.5% year-on-year to $107.66 billion during the first ten months of this year.

China's non-financial outbound direct investment (ODI) climbed 3.8% to a total of $89.57 billion during the period between January and October.

 By 9:07 am GMT, the Chinese yuan (CNY) rose 0.20% against the US dollar to CNY 6.9365.