Tuesday, July 13, 2004

landing - FDI up 12 percent

Not only export keeps on going up, also foreign direct investment have gone up 12 percent in the first six months of this year to USD 34 billion, Bloomberg reports.
"China doesn't want to slow down foreign investment because it's valuable to the economy and brings in foreign expertise," said Joseph Lau, an economist at Credit Suisse First Boston in Hong Kong to Bloomberg.

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