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Ministry of Commerce: Foreign Direct Investments Fell by Fourteen Percent

Well-known Chinese news site Sina recently reported that the Ministry of Commerce briefed the media in a press conference on the state of the economy as of August. According to the Ministry, the August number for Foreign Direct Investments (FDI) was US$7.2 billion, which represents a year-over-year decline of 14 percent. Another focal point was, for the first eight months of 2014, total actual foreign investments in the manufacturing industry declined by 15.7 percent year-over-year, down to US$27.5 billion. The top ten foreign investment sources were Hong Kong, Taiwan, Singapore, Korea, Japan, the U.S., Germany, the UK, France and the Netherlands. Noticeably, investments from Japan, the U.S. and the EU suffered declines of 43.3 percent, 16.9 percent and 17.9 percent, respectively. 
Source: Sina, September 16, 2014