BEIJING – Foreign investment fell 2.6% last year as overseas companies' investment appetite shrank amid the global financial crisis, though investment flows have picked up in recent months.
Foreign direct investment in China rose for the fifth straight month in December, increasing 103% from a year earlier to $12.1 billion, bringing the 2009 total to $90 billion, the Ministry of Commerce said Friday.
Low bases of comparison were a factor for the growth in investment in recent months, as the effects of the global financial crisis meant investment into China started to decline in October 2008.
In November 2009, foreign investment rose 32% from a year earlier to $7.02 billion, but that level was down slightly from October's $7.12 billion.
