Posted by: youngragingbull | June 18, 2013

China FDI inflows rise 0.3% in May

China received $9.26 billion in foreign direct investment in May, 0.3% higher than in the year-earlier period, according to a Xinhua news report Tuesday citing official data.

The inbound investment took the total FDI that China attracted in the first five months of 2013 to $47.6 billion, 1% more than the country received in the same period of 2012.

The rise in May FDI marks the fourth straight monthly increase, and follows eight consecutive months of declining FDI flows, according to the Xinhua news report.

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