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Home arrow News & Interviews arrow News May 2008 arrow China Sees Decline in FDI by European Union
China Sees Decline in FDI by European Union PDF Print E-mail

By Wayven Pienaar, on Thursday, 22 May 2008

Published in : The News, News May 2008


Foreign Direct Investment by the European Union has shown a demonstrable drop in China in 2007, sharply contrasting their thriving trade relations.

 

Figures reportedly illustrate that FDI from the EU into China, dropped sharply from EUR6 bn in 2006 to EUR1.8 bn last year. Likewise, when FDI from other parts of the world into the European Union soared to 89 per cent, China’s investment in the EU also dropped appreciably from EUR2.2 bn in 2006 to EUR0.5 bn last year.

The EU was said to be China's largest trading partner in 2007, while China was the EU's second largest trading partner, but in the same year China tailed three other major emerging economies in FDI in 2007. Russia took in EUR17.1 bn,  India EUR10.9 bn and Brazil EUR7.1 bn in European direct investment.
 


Last update : Thursday, 22 May 2008

   
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Keywords : EU, FDI, Trade, Investment


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