China Jan FDI falls 7.3% on year to $9.27 bn
China joined the World Trade Organisation in November 2001 and FDI inflows have soared since. OECD data shows China rivals the United States as the world's top FDI destination.
Commerce ministry data showed investment inflows from the European Union rose 81.8 percent in January from year ago to $820 million, while investment by U.S. firms fell 20.0 percent during the same period to $270 million.
FDI from 10 top Asian economies, including Hong Kong, Japan and Singapore, fell 9.0 percent year on year in January, to $7.8 billion the ministry said.
Service sector inflows last month were $4.0 billion, down 9.8 percent on a year ago.
Manufacturing sector inflows totaled $4.43 billion in January, down 5.8 percent versus a year earlier.
China's outbound direct investment from non-financial firms in January totaled $4.9 billion, up 12.3 percent from a year ago, the commerce ministry said.
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