China’s foreign direct investment inflow has dropped for a sixth month. Figures from the Ministry of Commerce show FDI into China fell 5.4 percent in November, to 8.29 billion USD, from a year earlier.
The number of foreign companies set up in China dropped 8.7% in November. Year to date, FDI was 100 billion US dollars, down 3.6% versus a year ago. Foreign investors have slowed their investments into China due to the Eurozone crisis and tensions between China and Japan over the Diaoyu Islands.
Sex case leads to warnings about apps on smartphones