CHINA-ECONOMY: CHINA'S COMMERCE MINISTRY SAYS CHINA IS ATTRACTING A LOT OF FDI
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China's Ministry of Commerce announced (January 20) that China is attracting a flood of foreign direct investment (FDI) as its economy continues its comeback from the fallout of its Covid-19 epidemic. It said that last year, China’s utilized FDI, excluding investments in banking, insurance and securities, rose 4.5% to a record $144.4 billion, accelerating from 2.4% growth in 2019.
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