China June FDI Down 6.9% On Year At $12.0 Billion
07/16/2012| 10:19pm US/Eastern
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BEIJING--Foreign direct investment into China fell 6.9% to $12.0 billion in June from a year earlier, the Ministry of Commerce said in a statement Tuesday.
June's FDI was up from $9.23 billion in May, when there was a slight rebound ending six straight months of decline.
Over the first half of the year, China attracted $59.1 billion of FDI, down 3.0% from the same period a year earlier, the ministry said in the statement. FDI in the first five months fell by 1.91% from a year earlier.
The numbers are in line with figures revealed to Xinhua News Agency by Vice Commerce Minister Wang Chao on Monday.
Meanwhile, China's non-financial overseas direct investment soared by 48.2% to $35.4 billion in the first half, the ministry said.
Write to Grace Zhu at grace.zhu@dowjones.com
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