China’s FDI edges up

Beijing, June 18 (IANS) China’s actual use of foreign capital in May stood at $9.26 billion, up 0.29 percent year on year, the commerce ministry said Tuesday.

This is the fourth straight monthly increase since February, when China reported a FDI recovery after declining for eight consecutive months since June of 2012, reported Xinhua.

During the first five months, the inbound investment increased 1.03 percent from a year earlier to $47.6 billion, data showed.

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