Covid-19, Spring Festival Cut China's Use of Foreign Investment 25.6% Last Month
Xu Wei
/SOURCE : yicai
Covid-19, Spring Festival Cut China's Use of Foreign Investment 25.6% Last Month

(Yicai Global) March 13 -- China's actual use of foreign investment last month was CNY46.8 billion (USD6.7 billion) in an annual 25.6 percent decline stemming from the Covid-19 that coincided with and extended China's Lunar New Year holiday, the country's commerce ministry said today.

China burned through CNY87.6 billion in foreign investment in January, up 4 percent from the year before.

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Keywords: Foreign Investment , Novel Coronavirus Pneumonia