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Foreign Investment Continues to Decline in April

Foreign investment in China continues to decline in the past seven months. According to Ministry of Commerce, foreign investment in April was down 22.5 percent to US$5.89 billion compared with the same period of last year and 9.5 percent down from March. The countries with the largest decline were Korea, US and Hong Kong where Hong Kong accounts for 45 percent of total foreign investment in China.

Source: BBC, May 15, 2009 http://news.bbc.co.uk/chinese/simp/hi/newsid_8050000/newsid_8051200/8051229.stm