| UN: China's FDI benefits neighbors |
| Wednesday,March 09,2005 Posted: 14:26 BJT(0626 GMT) |
| BEIJING, Mar. 8 -- A United Nations report says a large cash flow into China won't affect foreign direct investment in other Asian countries but will give a push to regional development as a whole.
The report released by UN Conference on Trade and Development says China's strong economy attracts foreign investment to neighboring countries. It shows that China's strong industrial base helps the Asian countries grow rather than weakening their economic development. In 2004 China attracted 62 billion US dollars of foreign direct investment, second only to the United States. During the same period, foreign investment in East and South-East Asia increased by 6 percent. (CRI) |
| (Source: English Site of Kuching) |
 | Listings of two big State banks imminent 2005-03-08 11:16 |
| ICBC aims for income shift 2005-03-08 11:15 |
| Experts push development of receivable management 2005-03-08 11:14 |
| Tungsten firms call for price alliance 2005-03-08 11:13 |
| Yili keeps market position despite slower year 2005-03-08 11:13 |
| Investment growth to slow down 2005-03-08 11:12 |
| Nation moves on free trade negotiations 2005-03-08 11:12 |
| China Shipping to buy 39 extra ships 2005-03-08 11:11 |
| State banks to go public soon 2005-03-08 11:10 |
| Not much "hot money" in China: top banker 2005-03-08 11:10 |
All articles marked with "Article type: Original" posted on the website of the Ministry of Commerce and its sub-sites are copyrighted by this Website and its sub-sites. Any reproduction or use by any other websites, media or individuals must be attached with a clear indication of "Source: Ministry of Commerce Website".
All articles posted on this website or its sub-sites marked with "Article type: reproduced" or "Article type: translated" and "Article type: redistributed" come from other media, and are provided solely for the user's information, which does not mean this Website or its sub-sites endorse the ideas thereof or assume any legal liability or responsibility for their authenticity. Any other media, websites or individuals must maintain the source of information indication on this Website or its sub-sites when using the information, and shall assume legal liability for the use.
