Outbound Non-Financial Funds Slow
Source: Xinhua |
August 25, 2011, Thursday
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Print Edition
Print Edition
China's outbound direct investment in non-financial sectors slowed drastically in the first seven months of the year, according to official figures released yesterday.
Chinese companies invested US$27.6 billion in non-financial sectors in 117 countries and regions between January and July, up 3.3 percent annually, Ministry of Commerce spokesman Shen Danyang said during a press conference.
The growth was sharply lower than the 34 percent annual rise in the year's first half and the 36.3 percent yearly increase in the same period in 2010.
China's outbound investment fell substantially in July but was probably somewhat of an anomaly, an official with the ministry's press office told Xinhua on condition of anonymity.
Chinese companies invested US$27.6 billion in non-financial sectors in 117 countries and regions between January and July, up 3.3 percent annually, Ministry of Commerce spokesman Shen Danyang said during a press conference.
The growth was sharply lower than the 34 percent annual rise in the year's first half and the 36.3 percent yearly increase in the same period in 2010.
China's outbound investment fell substantially in July but was probably somewhat of an anomaly, an official with the ministry's press office told Xinhua on condition of anonymity.
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