China: foreign direct investment up 32 pct in Nov

BEIJING: Foreign direct investment in China leapt 32 percent year-on-year in November for the fourth straight monthly increase, the commerce ministry said Wednesday.

China attracted 7.023 billion dollars in foreign investment last month, ministry spokesman Yao Jian told reporters.

The increase compared with a 5.7 percent rise in October, an 18.9 percent jump in September, and a seven percent rise in August, which ended 10 straight months of declines.

Foreign direct investment in the first 11 months of 2009 fell 9.9 percent over the same period last year to 77.9 billion dollars.