China May FDI rises 7.8% y/y in May

FXStreet (Mumbai) - China's foreign direct investment (FDI) in May increased 7.8 percent to 57.4 billion yuan ($9.25 billion) from a year earlier, the commerce ministry said on Thursday, as reported by Reuters.

The ministry did not provide a growth figure in dollar terms.

In the first five months of the year, FDI grew 10.5 percent from a year earlier to 331.0 billion yuan.

Non-financial outbound direct investment increased 47.4 percent to 278.4 billion yuan over the same period.