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August 31, 2012

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Gain and decline in two-way financial flows

INBOUND financial direct investment to China nearly tripled in the second quarter of this year from the first, while outbound investment fell to less than a third of the first quarter, data from the State Administration of Foreign Exchange showed yesterday.

Foreign direct investment in the financial sector totaled US$1.79 billion in the second quarter, up from US$660 million in the first quarter, the data showed.

China's outbound financial investment totaled US$433 million, down from the first quarter's US$1.55 billion.



 

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