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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (26087)	3/21/2005 12:26:50 PM
From: RealMuLan	Respond to of 116555

According to a report by the State Council Development and Research Institute, the accumulated FDI to China up to the end of 2004 is $562.1 billion. After taking into account of plant closure, depreciation of the capital equipment, as well as withdrawal of the foreign capital, the actual FDI is only $260 billion, equal to 18% of the 2004 GDP, significantly lower than the world average of 27%. So the claim that too much FDI has gone to China and deprived other developing countries for the capital is unfounded. Of all the exports from China, 91.2% of manufactured goods.