Foreign direct investment into China fell in 2012 for the first time since the depths of the global financial crisis in 2009 as the Chinese economy expanded at its slowest pace in 13 years. Rising labour costs also made other investment destinations more attractive.
Total foreign direct investment into the country was $111.7bn last year, 3.7 per cent lower than 2011, according to figures released yesterday by China’s ministry of commerce.
Outbound Chinese direct investment meanwhile jumped 28.6 per cent from a year earlier to a record $77.2bn.
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