Money flows into China
The foreign direct investments (FDI) to China increased for the sixth consecutive month in the January of 2010. On the basis of the most recent datas, 8.1 billion USD new capital arrived to the country, 7.8 percent more than a year ago.
In December, FDI expanded by 12.1 billion USD, which is almost a 100 percent growth in an annual comparison. A total of 90 billion USD arrived to the Asian country last year, a 2.3 percent decreased occured, compared to 2008. In 2008, the annual level of capital inflows was increased by 23.6 percent, but towards the end of the year, as the the global economic crisis became deeper, the process began to slow down and a 33 percent drop was measured in the January of 2009 in an annual comparison – reports ProfitLine.hu.
Related news
Related news
GKI: Deteriorating confidence indices and economic outlook in Hungary
In November, both businesses and consumers became more pessimistic about…
Read more >Arabica coffee price hits 47-year high
The futures price of arabica coffee has reached a 47-year…
Read more >Magyar Posta is preparing for the increased holiday traffic with 130 new vehicles
Magyar Posta expects to deliver more than 7 million packages…
Read more >