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Coronavirus pandemic
EconomyEconomic Indicators

Coronavirus: foreign investment into China down almost 11 per cent in first quarter of 2020

  • Foreign direct investment into China fell 10.8 per cent in the first quarter to 216.19 billion yuan (US$30.7 billion) compared with a year earlier
  • Foreign direct investment dropped 14.1 per cent from a year earlier in March alone

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In March alone, foreign direct investment dropped 14.1 per cent from a year earlier. Photo: Xinhua
Reuters

Foreign direct investment into China fell 10.8 per cent in the first quarter to 216.19 billion yuan (US$30.7 billion) compared with a year earlier, dragged down by the coronavirus pandemic, the commerce ministry said on Wednesday.

That compared with an 8.6 per cent decline in the first two months of the year.

In March alone, foreign direct investment dropped 14.1 per cent from a year earlier.
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