China's direct foreign investment rise for the first time in 9 months in February

Foreign direct investments of China increased for the first time in a nine-month period in February suggesting that the world's second largest economy will keep rebounding, the Ministry of Commerce reported on Tuesday. Inbound investment rose by 6.3% on an annual basis to $8.21 billion, while in a January-February period non-financial outbound investment climbed 147% to $18.4 billion and inbound spending recorded $17.5 billion.