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Strategies & Market Trends : Greater China Stocks

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From: Julius Wong7/15/2011 8:07:30 AM
1 Recommendation   of 8334
 
China’s Foreign Investment Rises as Companies Woo Expanding Middle-Class
By Bloomberg News - Jul 15, 2011

Foreign direct investment in China rose 18.4 percent in the first half of the year as companies such as Nestle SA (NESN) and Ford Motor Co. boosted their presence in the world’s fastest-growing major economy.

Foreign investment climbed to $60.9 billion in the first six months from a year earlier, the Ministry of Commerce said in a statement in Beijing today. Spending in June gained 2.8 percent from a year earlier to $12.86 billion, the ministry said, the slowest pace in 10 months.

bloomberg.com
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