China's foreign direct investment is on track to top $100 billion in 2012 even as the longest run of year-on-year declines in
inflows since 2009 extended into October, dragged down by an uncertain outlook for corporate spending as global trade sags.The Commerce Ministry said on Tuesday that China drew $91.7 billion in foreign direct investment between January
and October, down 3.45% on the same period a year ago, marking the 10th month that aggregate year-to-date flows fell compared with the previous period. China's economy is acutely sensitive to external demand, despite a gradual rebalancing
towards domestic consumption.
inflows since 2009 extended into October, dragged down by an uncertain outlook for corporate spending as global trade sags.The Commerce Ministry said on Tuesday that China drew $91.7 billion in foreign direct investment between January
and October, down 3.45% on the same period a year ago, marking the 10th month that aggregate year-to-date flows fell compared with the previous period. China's economy is acutely sensitive to external demand, despite a gradual rebalancing
towards domestic consumption.
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