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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World China: foreign direct investment up 18.1 percent AFP - 28 minutes ago Send IM Story Print China: foreign direct investment up 18.1 percent Slideshow: Full Photo Coverage: Business & Economy BEIJING (AFP) - – Foreign direct investment in China rose 18.1 percent in the first eight months of 2010, the government said Wednesday, as confidence in the world's second-largest economy appeared to moderate slightly. Foreign companies pumped 65.95 billion US dollars into China in the January-August period, commerce ministry spokesman Yao Jian told reporters at a regular briefing. That marked a slight deceleration from the 20.7 percent growth logged from January to July and the 19.6 percent increase seen in the first half. However, that was probably due to a high base of comparison in August 2009, when foreign direct investment (FDI) rebounded strongly from an earlier period of weakness, said Ren Xianfang, an economist at IHS Global Insight. For the month of August, foreign direct investment totalled 7.6 billion dollars, up 1.4 percent over the same month in 2009, Yao said. That compares to a jump of 29.2 percent in July. Ren said, however, the data could signal overseas "uncertainty" that impacts foreign investment. "The uncertainty in external demand will suppress the impulsiveness of foreign investment to enter the Chinese market," Ren said. The data includes investment by overseas companies in industries such as manufacturing, real estate and agriculture but excludes money put into banks and other financial institutions. Recommend Send IM Story Print Related Articles China plans to monitor firms' environment impact AFP - 14 minutes ago Australian regulator delays ruling on BHP-Rio link AFP - 19 minutes ago Tata Motors says global sales up 29 pct in Aug Reuters - 24 minutes ago Qatar exchange to resume trade at 0720 GMT Reuters - 25 minutes ago Total expects stable output in 2011 Reuters - 26 minutes ago News Search Top Stories Toddlers immune to 'contagious' yawning: study Obama, Republicans in rich row over tax Dollar falls, gold soars on global economy jitters Reinsurers float 20-billion-dollar plan for BP-type blowout Global hunger declines for first time in 15 years: UN More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended 'Time bomb' superbug requires global response: doctor Miracle as 36 survive Venezuelan plane crash Huge Saudi arms deal aimed at Iran, Yemen troubles: analysts Dollar falls, gold soars on global economy jitters Doomsday warnings of US apocalypse gain ground More Most Viewed » Climate: New study slashes estimate of icecap loss Earth's upper atmosphere shrinking, scientists say US pastor puts Koran-burning on hold 'Time bomb' superbug requires global response: doctor Japanese rider Tomizawa dies in San Marino Moto2 GP More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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