China to stimulate FDI

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Source: China.org.cn
China's government considers the ways to boost FDI as the country faced declining FDI from the developed economies in 2011 and the outlook for this year is not positive, trade official announced. US FDI to China dropped by 26.07% to 2 billion US Dollars while FDI from the EU declined by 3.65% to 6.35 billion US Dollars last year. Experts claim China has been losing its investment appeal due to global slowdown and growing labour costs. In response the government plans to start more aggressive promotion of China for investment inflow


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