A- A A+
Last Updated : Nov 25 2020 10:46AM     Screen Reader Access
News Highlights
PM to virtually attend celebration of Centennial Foundation Day of University of Lucknow            National COVID-19 recovery rate improves to 93.76 pct            President Kovind to inaugurate All India Presiding Officers’ Conference in Kevadia, Gujarat            PM Modi to virtually attend celebration of Centennial Foundation Day of University of Lucknow            “Nivar” in Bay of Bengal intensifies into severe cyclonic storm; 7 districts in Tamil Nadu & Puducherry expected to get extremely heavy rainfall           

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 25 (Nov) Midday News 24 (Nov) Evening News 24 (Nov) Hourly 25 (Nov) (1010hrs)
समाचार प्रभात 25 (Nov) दोपहर समाचार 24 (Nov) समाचार संध्या 24 (Nov) प्रति घंटा समाचार 25 (Nov) (1000hrs)
Khabarnama (Mor) 25 (Nov) Khabrein(Day) 24 (Nov) Khabrein(Eve) 24 (Nov)
Aaj Savere 25 (Nov) Parikrama 24 (Nov)

Listen Programs

Market Mantra 24 (Nov) Samayki 9 (Aug) Sports Scan 24 (Nov) Spotlight/News Analysis 24 (Nov) Employment News 24 (Nov) World News 24 (Nov) Samachar Darshan 22 (Mar) Radio Newsreel 21 (Mar)
    Public Speak

    Country wide 12 (Mar) Surkhiyon Mein 24 (Nov) Charcha Ka Vishai Ha 11 (Mar) Vaad-Samvaad 17 (Mar) Money Talk 17 (Mar) Current Affairs 6 (Mar) Sanskrit Saptahiki 21 (Nov) North East Diary 19 (Nov)