Investments in China Made $63 Billion in 2006
OREANDA-NEWS. In 2006, the record direct foreign investments at the rate of $63,2 billion have been made in economy of China, or 4,47% more than in 2005, the Ministry of Trade of the country informed on Monday.
Reuter informed, without taking into account the data for December, the general volume of direct foreign investments has made $54,26 billion for 11 months 2006, that means that this parameter has made $8,74 billion in December.
For the whole 2005, the volume of direct foreign investments into the Chinese economy has made $60,33 billion that is little bit less than $60,6 billion in 2004.
The data provided by the Ministry of Trade does not include the investment of foreign citizens into the financial sector.
Taking into account the investments in financial sector the volume of investments has made 69,47 billion, or 4,06% less than in 2005.
Beijing is trying to stimulate outflow of the capital for easing growing pressure upon Yuan.
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