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Foreign direct investment in China rebounds by 5.3% in 2013

Published on Jan 16, 2014 12:42 PM

BEIJING (AFP) - Overseas investment into China rose 5.3 per cent last year, official data showed on Thursday, bouncing back after declining in 2012 for the first time in three years.

Foreign direct investment (FDI), which excludes financial sectors, totalled US$117.59 billion (S$150 billion) last year, the commerce ministry said.

The figure is up from the US$111.72 billion posted in 2012, when it skidded 3.7 per cent in the face of economic weakness in developed markets and a growth slowdown at home.

For December alone, FDI increased 3.3 per cent year on year to US$12.08 billion, the ministry said.

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