Investment

Published July 13, 2007

BEIJING, July 12: Foreign direct investment into China in June hit $6.63 billion, a rise of 21.9pc from a year ago, government data showed on Thursday. In the first six months of the year actual foreign investment totalled $31.89bn, an increase of 12.2 per cent from a year earlier, China’s commerce ministry said.

Hong Kong, the British Virgin Islands, where many Chinese companies register for tax purposes, were the top two sources of foreign direct investment, the ministry said.—AFP

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