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Foreign Investment in China Drops to 16-Month Low
China reports a gain of $8.6 billion in foreign direct investment in May, down from $9.2 billion a year earlier.
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China reports a gain of $8.6 billion in foreign direct investment in May, down from $9.2 billion a year earlier. Growth was the weakest since January 2013.
Analysts says the prospect of slower economic growth may have prompted foreign investors to hold back.
China's gross domestic product expanded by a relatively modest 7.4% in the first quarter compared with 7.7% in October-December 2013. The country economy grew 10.4% in 2010.
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