360° Coverage : China's FDI edges up

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China's FDI edges up
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China's FDI edges up

Jun 18 2013, 5:24am CDT | by

Beijing, June 18 (IANS) China's actual use of foreign capital in May stood at $9.26 billion, up 0.29 percent year on year, the commerce ministry announced Tuesday.

Beijing, June 18 — China's actual use of foreign capital in May stood at $9.26 billion, up 0.29 percent year on year, the commerce ministry announced Tuesday. This marked the fourth consecutive...

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1 year ago

China's FDI edges up

Jun 18 2013, 5:24am CDT | by

Beijing, June 18 (IANS) China's actual use of foreign capital in May stood at $9.26 billion, up 0.29 percent year on year, the commerce ministry announced Tuesday.

Beijing, June 18 — China's actual use of foreign capital in May stood at $9.26 billion, up 0.29 percent year on year, the commerce ministry announced Tuesday.

This marked the fourth consecutive monthly increase since February, when China reported an FDI recovery after declining for eight consecutive months since June 2012, reported Xinhua.

During the first five months, inbound investment increased 1.03 percent from a year earlier to $47.6 billion, data show.

From January to May, China approved the establishment of 8,609 foreign-invested enterprises, down 7.04 percent from a year earlier.

The service sector saw a steady increase of FDI inflows in the first five months, up 4.03 percent year on year and accounting for 48.31 percent of the total FDI inflow during the period.

Foreign investment into China's manufacturing sector fell 1.39 percent, taking a 43.87-percent share in the FDI inflow, Shen said.

IANS

Source: IANS

 
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2 weeks ago

China police detain workers demanding back pay in rare case of detentions in labour dispute

Nov 5 2014 3:22am CST | Source: Canadian Business Online

BEIJING, China – Activists say police in southern China have detained seven employees of a shoe factory amid a quarrel over back pay and benefits in a rare case of detentions in a labour dispute. Rights advocate Peng Jiayong said Wednesday that employees went to the Xinsheng shoe factory in Guangzhou on Monday after the local government promised a “satisfactory” solution to the dispute. They were met with about 200 hundred ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
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10

2 weeks ago

Anti-graft group: multinationals found lacking on transparency

Nov 5 2014 3:07am CST | Source: Canadian Business Online

BERLIN – A leading anti-graft organization has criticized globally operating companies for failing to disclose important information that might help combat corruption. Berlin-based Transparency International says it reviewed 124 of the world’s biggest publicly traded companies and found that 90 don’t disclose the taxes they pay abroad. In a report published Wednesday, the group says 54 of the companies examined provided no information at all on their revenues in oth ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
Update
9

2 weeks ago

China factory whirs overtime to make Ebola suits

Nov 5 2014 2:07am CST | Source: The Standard: China's Business Newspaper

Far from the Ebola hot zone, the sewing and gluing machines at a factory in China have been whirring more than usual to produce crucial yellow suits ...
Source: The Standard: China's Business Newspaper   Full article at: The Standard: China's Business Newspaper
 

 
Update
8

2 weeks ago

Obama to confront China's Xi on cyber spying - U.S. officials

Nov 4 2014 11:43pm CST | Source: The Nation - Pakistan

(Reuters) - U.S. President Barak Obama will confront Chinese President Xi Jinping at talks in Beijing next week over deep U.S. concerns about cyber spying by China’s government and military and will insist that it be stopped, senior U.S. officials said on Tuesday. The officials, briefing reporters before Obama’s trip to Beijing for an Asia-Pacific summit and one-on-one ... ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan
 

 
Update
7

2 weeks ago

Asian shares sag, dollar steadies

Nov 4 2014 10:47pm CST | Source: Reuters India

TOKYO (Reuters) - Asian shares wilted on Wednesday as oil prices extended losses after weak economic data from China, while the dollar took a breather after this week's rally. ...
Source: Reuters India   Full article at: Reuters India
 

 
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5

2 weeks ago

U.S. Company to Build Two China Hospitals

Nov 4 2014 10:26pm CST | Source: WSJ.com: Asia Home

Columbia Pacific Management of the U.S. is building two hospitals in China with an investment of up to $200 million, and plans to build more to tap demand from the country’s growing middle-cl ...
Source: WSJ.com: Asia Home   Full article at: WSJ.com: Asia Home
 

 
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4

2 weeks ago

‘They Will Kill Your Baby in Your Face’—Chinese Activist Chen Guangcheng

Nov 4 2014 4:07pm CST | Source: Canada Free Press

WASHINGTON,—“In today’s China, under the communist rule, the government can put their hand into your body, grab your baby out of your womb, and kill your baby in your face.” These were the words of Nobel Peace Prize nominee Chen Guangcheng. Jailed, tortured and denied medical treatment for years in China, Chen exposed the rampant use of forced abortion and involuntary sterilization in the coercive enforcement of China’s notorious One Child ...
Source: Canada Free Press   Full article at: Canada Free Press
 

 
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3

2 weeks ago

CHART: Despite Xiaomi's Explosive Growth, Samsung Is Still The Most Valuable Android Maker

Nov 4 2014 3:25pm CST | Source: Business Insider

Xiaomi, the so-called "Apple of China," is looking to raise money at a valuation between $40 and $50 billion. The discussions are still at an early stage, but it's still impressive considering Xiaomi is a 3-year-old company that's also the biggest smartphone maker in China and the fourth-largest smartphone maker in the world. Compared to other Android manufacturers, Xiaomi's proposed valuation wo ...
Source: Business Insider   Full article at: Business Insider
 

 
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2

2 weeks ago

Kerry Says U.S.-China Cooperation Is Essential

Nov 4 2014 2:44pm CST | Source: WSJ.com: Asia Home

Ahead of a presidential visit to China, Secretary of State John Kerry said Tuesday that it is imperative that Washington and Beijing work together on climate change and other areas, despite deep divisions on many is ...
Source: WSJ.com: Asia Home   Full article at: WSJ.com: Asia Home
 

 
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1

2 weeks ago

Xiaomi vs. Lenovo: The War Between China’s Top Smartphone Makers

Nov 4 2014 2:40pm CST | Source: Fool.com

Lenovo just toppled Xiaomi as the world’s third largest smartphone maker. What should investors know about these two top smartphone makers from China ...
Source: Fool.com   Full article at: Fool.com
 

 

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<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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