Tuesday, May 15, 2012

When the music is over

Now we have to look at China's historical response to periods of rapid economic and social upheaval.  Everyone reading this blog was told of this years ago.

(Xinhua) In year-on-year terms, FDI edged down 0.74 percent to $8.4 billion in April, following a 6.1 percent drop in March, 0.9 percent decline in February and 0.3 percent fall in January. The country received $37.88 billion of FDI in the first four months, down 2.38 percent from a year earlier. Investment from the debt-ridden European Union plunged 27.9 percent in the January-April period from a year ago. However, that from the United States and Japan climbed 1.9 percent and 16 percent, respectively. The nation approved the establishment of 7,016 foreign-invested companies in the first four months, down 13.94 percent from a year ago. The country's non-financial overseas direct investment totaled $23.16 billion in the first four months, up 72.8 percent from a year earlier.

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