Foreign direct investment (FDI) in China fell 1.9 percent to $47.1 billion from January through May, Reuters said Friday.

At that pace the world's second-largest economy will end this year with FDI of about $113, down from last year's record FDI of $116 billion.

The recent domestic and global situation does not support the foreign investment increase since the yuan is depreciating and the outlook of the domestic economy is uncertain, Li Huiyong, economist at Shenyin & Wanguo Securities in Shanghai, told Reuters.