Business
19:30, 27-Jul-2017
FDI stabilizes as China improves portfolio
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Data from the Ministry of Commerce shows that foreign direct investment (FDI) into China stabilized in the first half of 2017.
It comes as China's outbound direct investment took a nosedive after authorities curbed irrational deals and fine-tuned the nation's investment portfolio.
FDI in China rose 2.3 percent year-on-year in June to 100.5 billion yuan, or 14.8 billion dollars.
The inflow stood at 441.5 billion yuan during the first six months, down 0.1 percent.
Non-financial outbound direct investment fell by nearly half in the first six months of 2017.