China's Jan-Aug FDI down 31.5% y/y
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FILE PHOTO: Cars travel past a display showing Shanghai and Shenzhen stock indexes near the Shanghai Tower and other skyscrapers at the Lujiazui financial district in Shanghai, China February 5, 2024. REUTERS/Xihao Jiang/File Photo
BEIJING (Reuters) - Foreign direct investment into China amounted to 580.19 billion yuan ($81.80 billion) in January-August, down 31.5% from the same period last year, the Chinese commerce ministry said on Saturday.
The slump was bigger than the 29.6% fall during Jan-July.
($1 = 7.0930 Chinese yuan renminbi)
(Reporting by Ellen Zhang and Ryan Woo; Editing by Alex Richardson)
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