World Print edition: 2020-01-22

China's 2019 FDI up 5.8 percent

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Foreign direct investment (FDI) in China in 2019 grew the most in two years, though outbound investment declined amid continuing capital controls. FDI was up 5.8% year-on-year to 941.5 billion yuan ($136.71 billion) last year, the commerce ministry said on Tuesday, the biggest rise since 2017, when it grew 7.9% in yuan terms.

China remained the second largest recipient of FDI globally, said Chinese Vice Commerce Minister Qian Keming at a news briefing on Tuesday in Beijing.