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China Jan-Feb FDI up 31.5% y/y in yuan terms -commerce ministry | Reuters

Foreign direct investment (FDI) into China in January-February jumped 31.5% to 176.76 billion yuan ($27.21 billion) compared with a year earlier, China’s commerce ministry said on Friday.

The data comes amid a low base last year when FDI into China fell 8.6% as a result of the coronavirus pandemic. $1 = 6.4964 Chinese yuan Reporting by Lusha Zhang and Ryan Woo; Editing by Jacqueline Wong

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