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China's FDI climbs a seventh month

2010-03-16 09:22:42Source:ChinaDaily/AgenciesAuthor:

Foreign direct investment (FDI) in China, the world's third-biggest economy, rose for a seventh month in February.

Investment climbed 1.1 percent from a year earlier to $5.9 billion, the Ministry of Commerce press office said by phone in Beijing. That was less than the median forecast in a Bloomberg News survey of six economists for a 10.7 percent increase.

The gain was the smallest since a 10-month run of declines ended in July last year.