Go Finance Reporting in Beijing - China's direct foreign investment in January, grew 23 percent over the previous year amid government efforts to curb liquidity and control inflation.
Data released by China's Commerce Ministry said yesterday, in the first months of 2011, the value of foreign investment reached USD10 Panda Affairs, 03 billion or approximately Rp102, 7 billion. However, this number is lower than in December 2010 that reached $ 14, 03 billion, growing 15.6 percent.
These data illustrate continued flow of foreign funds into China after being slowed down in August last year as efforts to prevent economic overheating. Throughout 2010, foreign direct investment China reached USD105, 7 billion or grew 17.4 percent compared to 2009.
"The biggest share of foreign investment into China is in the property sector are booming," said Chinese Commerce Ministry spokesman Yao Jian was quoted as saying by AFP on Thursday (02/17/2011).
The measurement of foreign direct investment in China includes the manufacturing sector, real estate, services and agriculture. But do not include deposits in banks and other financial institutions.
Analysts said the strong growth of investment in the country with the world's second largest economy was expected due to the stronger yuan exchange rate. These conditions used the investors in the hope of getting a worthwhile return in the future.
The local government is already anticipating a surge in foreign funds suspected to affect the rising food and housing. Beijing does not want inflation continues to strengthen because it could trigger keresaham community.
Known, Tuesday, February 15 and then the government announces that China's inflation rate in January was 4.9 percent level and is considered still too high. (GoFinance)
No comments:
Post a Comment