Foreign direct investment in China in June jumped 20.12 percent from a year ago, the Commerce Ministry said, the quickest gain since March 2011, showing that investors are still confident about the world’s second-largest economy even as growth slows.
China drew $14.4 billion in foreign direct investment in June, the ministry said on Wednesday, while in the first half, FDI totaled $62.0 billion, up 4.9 percent from the same period of 2012.
FDI is an important gauge of the health of the external economy, to which China’s vast factory sector is oriented, but it is a small contributor to overall capital flows compared with exports, which were worth about $2 trillion in 2012.
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