BIZCHINA> Top Biz News
![]() |
FDI decline 'not cause for concern'
By Diao Ying (China Daily)
Updated: 2009-05-15 07:40 The nation will remain one of the main recipients of foreign direct investment (FDI) this year despite a sharp year-on-year decline in April, analysts have said. Last month's FDI was $5.89 billion, down 22.51 percent from a year earlier, Dow Jones reported yesterday. The Ministry of Commerce refused to confirm the report but experts said the figure would not be far off the mark.
Analysts said the April figure is not as bad as it appears if the high reference point a year ago is taken into consideration. Most analysts remain optimistic about the outlook for inward capital flows, saying momentum will start to pick up later this year as the global economy recovers. "We were worried about overheating earlier last year," said Lu Jinyong, a professor at University of International Business and Economics in Beijing. "But the business environment has changed quite dramatically since. Year-on-year comparisons do not make as much sense now." In April 2008, actual FDI surged 70 percent from the same period the previous year to total $7.6 billion. Much of it, some experts argue, was so-called hot money trying to profit from the expected appreciation of the yuan against the US dollar. "Given the high base last year, China should neither feel too surprised nor dejected by the recent FDI figures," said Dong Xian'an, macro-economic analyst with Southwest Securities, a major domestic securities brokerage. "There is other data showing that the economy is bottoming out. And that's the big picture. "The economy's contraction is likely to relax in the second half of the year, and it is very likely that FDI inflows will recover and start to increase at the turn of the year," Dong said. Su Chang, a macroeconomic analyst with China Economic Business Monitor, forecast that as the global situation becomes more stable, China's FDI performance will improve in the next few months. Lu estimated that China's FDI will be around $80 billion, not too drastic a drop from last year's $92.4 billion. Even with an expected FDI decrease, "China will be one of the few bright spots in the world," Lu said. According to a white paper on American business in China released last month by the American Chamber of Commerce, 22 percent of American companies said China was their No 1 global investment destination. Between 75 and 78 percent ranked the country as one of their top three investment destinations every year since 2004.
(For more biz stories, please visit Industries)
|
主站蜘蛛池模板: 国产免费播放一区二区 | 99性视频| 性久久久久久久 | 日本精品1在线区 | 久久视频在线免费观看 | 日韩精品在线观看免费 | 国产精品美女久久福利网站 | www.色黄| 天天亚洲 | 精品无码久久久久久国产 | 日韩天天摸天天澡天天爽视频 | 日韩一区二区三区不卡视频 | 欧美性猛交xxxxxxxx软件 | 亚洲成av人片在线观看无码 | 美女视频黄的免费视频网页 | 99国内精品 | 中文字幕在线视频网站 | 国产三级久久 | 亚洲永久 | 免费看a级毛片 | 我要看欧美精品一级毛片 | 热伊人99re久久精品最新地 | 国内自拍视频在线看免费观看 | 国产精品久久久亚洲 | 91色综合综合热五月激情 | 欧美精品一级 | fc2久久| 欧美xxx高清 | 国产一级一级一级国产片 | 国产精品日韩欧美一区二区 | 小泽玛利亚的一级毛片的 | 日本三级欧美三级 | 亚洲激情视频网 | 成年人网站在线 | 99精品视频在线在线视频观看 | 国产精品推荐 | 免费观看毛片视频 | 色欲麻豆国产福利精品 | 手机在线成人精品视频网 | 97久久精品一区二区三区 | 欧美成人精品一区二区 |