Aug 17, 2012
(Shanghai Daily / CNBC)
Foreign direct investment (FDI) in China in July fell 8.7% from a year earlier to USD$7.58 billion, the Ministry of Commerce said. That compares with an annual decrease of 6.9% in June.
FDI fell 3.6% from a year earlier to US$66.7 billion in the first seven months of this year.
Investment flows into China's lynchpin real estate sector-which directly affects around 40 different business sectors in the economy-fell 9.3% for the first seven months of 2012 versus 2011.
