A- A A+
Last Updated : Jul 14 2020 6:44PM     Screen Reader Access
News Highlights
Commander-level talks between India, China begins at Chushul in Eastern Ladakh for 2nd phase of disengagement along LAC            Govind Singh Dotasara will be next Rajasthan state Congress President; Sachin Pilot, 2 other ministers removed from cabinet            FM says under Prime Minister Narendra Modi's strong political will, economic reforms being sustained in country            Nitin Gadkari inaugurates new economic corridor projects worth Rs 20,000 cr in Haryana            COVID-19 recovery rate reaches 63.02% in the country           

Business News

Mar 13, 2020
7:45PM

Coronavirus drags China's FDI down 8.6% in Jan-Feb

File Pic
Foreign direct investment into China fell 8.6 percent in the first two months of 2020 amid combined impacts of coronavirus and the extended Chinese New Year holidays, a commerce official said today, warning a grim scenario for the rest of the year.

Zong Changqing, director of the foreign investment department under the Ministry of Commerce said FDI totalled 134.4 billion yuan, about USD 19.2 billion for January and February,

A breakdown of the data showed FDI inflows climbed 4 percent year on year in January but plunged 25.6 percent in February, Zong told a press conference.

Zong warned about a complex and grim FDI situation for the whole year, citing factors such as "a shrinking global FDI cake" and increasing downward pressure on the world economy.

But, he added that the epidemic will not change the attraction of China's large and booming market for foreign investment according to state-run news agency Xinhua.

 

   Related News

Live Twitter Feed

Listen News

Morning News 14 (Jul) Midday News 14 (Jul) Evening News 13 (Jul) Hourly 14 (Jul) (1800hrs)
समाचार प्रभात 14 (Jul) दोपहर समाचार 14 (Jul) समाचार संध्या 13 (Jul) प्रति घंटा समाचार 14 (Jul) (1810hrs)
Khabarnama (Mor) 14 (Jul) Khabrein(Day) 14 (Jul) Khabrein(Eve) 13 (Jul)
Aaj Savere 14 (Jul) Parikrama 14 (Jul)

Listen Programs

Market Mantra 13 (Jul) Samayki 13 (Jul) Sports Scan 23 (Mar) Spotlight/News Analysis 13 (Jul) Samachar Darshan 22 (Mar) Radio Newsreel 21 (Mar)
    Public Speak

    Country wide 12 (Mar) Surkhiyon Mein 13 (Jul) Charcha Ka Vishai Ha 11 (Mar) Vaad-Samvaad 17 (Mar) Money Talk 17 (Mar) Current Affairs 6 (Mar) Sanskrit Saptahiki 12 (Jul)
  • Money Matters 22 (Mar)
  • International News 22 (Mar)
  • Press Review 23 (Mar)
  • From the States 23 (Mar)
  • Let's Connect 22 (Mar)
  • 360°- Ek Parivesh 23 (Mar)
  • Know Your Constitution 30 (Jan)
  • Ek Bharat Shreshta Bharat 22 (Mar)
  • Sanskriti Darshan 23 (Mar)
  • Fit India New India 23 (Mar)
  • Weather Report 21 (Mar)
  • North East Diaries 22 (Mar)
  • 150 Years of Bapu 22 (Mar)
  • Sector Specific Discussions 22 (Mar)