China FDI increases

BEIJING: China’s non-financial foreign direct investment (FDI) rose 2.7 per cent year-on-year in the January to February period to 141.88 billion yuan, or $22.52 billion, the Commerce Ministry said on Friday. That compared with 17 per cent growth in the same period last year. The ministry didn’t give a breakdown for FDI in February alone. But overall FDI fell 1.3 per cent to $8.45 billion in February from a year earlier, according to Reuters calculations.