Global investors continue to pour cash into China despite coronavirus uncertainty & tensions with US
China attracted 84.1 billion yuan ($12.3 billion) in foreign direct investment (FDI) last month – 18.7 percent more than a year earlier – as the world’s second-largest economy continues to rebound after the Covid-19 outbreak.
August marked the fifth consecutive month of FDI growth, according to data from China’s Commerce Ministry. In the first eight months of this year, investment inflows jumped 2.6 percent to 619.8 billion yuan.
China remains a hot investment destination as it is one of only a few nations that managed to avoid falling into recession after the coronavirus outbreak r