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March FDI robust at $12.4 bn, outbound flows up 29.6% in Q1

Inbound FDI up 11.3% to $34.88 billion for the first quarter

<a href="http://www.shutterstock.com/pic-132808322/stock-photo-currency-of-the-world.html?src=same_artist-132808313" target="_blank">World currencies</a> via Shutterstock
Reuters
Last Updated : Apr 17 2015 | 12:19 AM IST
Foreign direct investment (FDI) into China rose 2.2 per cent on the year in March, while outbound flows posted a milder rise, as foreign corporate investors remain undeterred by China's weakening domestic economic performance.

Thursday's data showed inbound FDI up 11.3 per cent to $34.88 billion for the first quarter.

Sectorally, Q1 FDI in services rose 24.1 per cent year on year to $21.59 billion, while FDI in manufacturing fell 3.6 per cent to $11.22 billion.

Outbound investment for the first three months of the year combined rose 29.6 per cent from the same period in 2014 to $25.79 billion.

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First Published: Apr 17 2015 | 12:05 AM IST

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