Foreign investments in China

By IBTimes Staff Reporter | January 15 2010 3:17 AM

Foreign direct investments in China declined 2.6% all of 2009 recording $90.03 billion, following a declined by 9.9%, and it slipped in a slower pace than the forecasted -8.2%. On the other hand, investments rose 103% from a year earlier to record $12.1 billion.

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China's 4 trillion yuan, record lending and tax breaks, helped economic growth to accelerate to 8.9% in the third quarter of last year that is why the Chinese economy became more attractive for investors seeking a share in the world's fastest growing economy, worth mentioning that bank loans recorded $1.3 trillion in the first 11 months of 2009.