. Medical and Hospital News .




TRADE WARS
FDI into China gains in first quarter
by Staff Writers
Beijing (AFP) April 18, 2013


Foreign direct investment (FDI) in China rose marginally in the first quarter, the government announced on Thursday, led by Japanese, EU and US companies after declining last year.

Incoming FDI, which excludes financial sectors, rose 1.4 percent from January to March to $29.9 billion, the commerce ministry said. It was also up 5.65 percent at $12.4 billion in March, rising for the second straight month.

FDI fell in 2012 for the first time in three years owing to global economic uncertainties led by Europe's debt crisis, a slowdown at home and regional political tensions.

Despite an ongoing territorial row in Japan, investment from the country rose 10.5 percent to $2.29 billion in the first three months.

Investment from the European Union, meanwhile, gained 45 percent to $2.05 billion, while that from the United States rose 18.5 percent to $1.06 billion.

"We think, generally, FDI has maintained a trend of steady growth," Commerce ministry spokesman Shen Danyang said in welcoming the figures.

"China's use of FDI is developing in the direction of better comprehensive competitiveness and higher overall efficiency," he added.

The ministry also announced that China's non-financial sector overseas investment jumped 44 percent year on year in the first quarter to $23.8 billion.

Investment into the US more than doubled on-year while that to the 10-member Association of Southeast Asian Nations jumped 99 percent, the ministry said.

The investment figures come after data this week showed China's economy grew 7.7 percent in January-March, slower than the previous three months.

China's economy grew at its slowest pace in 13 years in 2012, expanding 7.8 percent from the year before.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Get Our Free Newsletters
Space - Defense - Environment - Energy - Solar - Nuclear

...





TRADE WARS
China's regulator approves Glencore-Xstrata merger
Zurich (AFP) April 16, 2013
A long-awaited merger between Swiss commodities trader Glencore with mining giant Xstrata has won a green light from China's regulator, clearing a key final hurdle, Glencore announced Tuesday. Glencore said in a statement that Beijing had given its backing on condition that once the merger was completed, the combined group sells its interest in the Las Bambas copper mine project in Peru to C ... read more


TRADE WARS
Fukushima leaking radioactive water

IAEA begins fresh probe into Japan's Fukushima

Fukushima plant springs another radioactive leak

Hong Kong ferry crash captains face manslaughter charges

TRADE WARS
Smithsonian dedicates new exhibition to navigation

Extreme Miniaturization: Seven Devices, One Chip to Navigate without GPS

Down the slopes with space app in your pocket

Lockheed Martin Team Completes Delta Preliminary Design for Next GPS III Satellite Capabilities

TRADE WARS
New Research Reveals How Human Ancestor Walked, Chewed, and Moved

Pottery reveals Ice Age hunter-gatherers' taste for fish

Google adds 'digital estate planning' to its services

Better Understanding of Human Brain Supports National Security

TRADE WARS
Self-medication in animals much more widespread than believed

Sharks dive by the moon: study

Early warning signs of population collapse

Moa's ark

TRADE WARS
Online pictures of dead birds spur China flu openness

International experts to probe H7N9 flu in China: WHO

Bird flu vaccine 'many months' away

Russian toddler contracts HIV from transfusion

TRADE WARS
China media praise reformer whose death sparked Tiananmen

China media praise reformer whose death sparked Tiananmen

Tibetans who commit suicide 'not crazy': Dalai Lama

Ancient Chinese Buddhist temple faces demolition

TRADE WARS
US ships look to net big contraband catches in Pacific

US court convicts Somali pirates in navy ship attack

Ukraine to join NATO anti-piracy mission

16 gunmen killed in Thai military base attack: army

TRADE WARS
Outside View: Anti-growth policies slowing U.S. economy

Walker's World: Euro-agony grinds on

IMF sees mixed Asian outlook for 2013; lowers China forecast

China growth slows to 7.7% in first quarter




The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement