US investments into China decreased

Note: This section contains information in English only.
Source: China.org.cn
© Scanpix/Reuters

Investments from US into China's economy continued to fall in October because of changes in manufacturing activity, increasing costs of labor in China and overall economic slowdown in US. However, overall October's FDI into China went up by 8.75% to USD 8.33 billion. Investments from the EU increased by 1.05%.

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Thu, 17 Nov 2011 14:24:37 GMT

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Pessimistic export perspectives for China

The perspectives for export in the next year are not optimistic, said Shen Danyang, spokesman of the Ministry of Commerce. Low demand of major China's export consumers and growing domestic production costs impact China's export-the major driver of economic growth. Exports increased only by 15.9% to USD 157.49 billion in October being the five-month lowest.

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