China FDI surges more than 20% in June

07/17/2013 | Caijing Magazine online

Foreign direct investment in China jumped 20.1% in June from a year before, helping boost FDI for the first six months by 4.9% from the year-earlier period. June's gain was the largest in more than two years, suggesting a foreign vote of confidence in Beijing's new focus on balanced development, said Li Wei, China economist at Standard Chartered Bank in Shanghai.

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