Foreign direct investment in China totaled 273.61 billion yuan over the first four months of the year, marking an 11.1% gain from the corresponding period a year earlier. The number of new foreign-backed companies approved in the latest period was up 17% to 7,790.
Cambodia's exports have risen 30% this year through October compared with the year-earlier period, amounting to US$5.87 billion. "With the government's efforts to seek new markets for Cambodian products, I believe that the country's export will continue to grow from year to year," said Kong Putheara, chief of statistics and planning in the Ministry of Commerce.
Currencies in emerging markets have rallied somewhat against the U.S. dollar recently but remain sharply lower and have lost even more value against European currencies, analysts note. Looking ahead, the situation remains precarious, with positive implications for exports tempered by the prospect of much costlier imports and inflation.