China's Foreign Investment Dips Amid Economic Shifts

Foreign direct investment in China reached 640.6 billion yuan from January to September, marking a decrease of 30.4% compared to the previous year, according to the Chinese commerce ministry. This decline was slightly less than the 31.5% reduction observed from January to August.

According to the Chinese commerce ministry, foreign direct investment in China amounted to 640.6 billion yuan ($89.93 billion) from January through September, reflecting a 30.4% decrease compared to last year.

The data released on Friday indicates a persistent downtrend, although the dip in foreign investment is marginally less significant than the 31.5% contraction recorded during the January-August period.

This information highlights ongoing economic challenges impacting foreign capital inflows into China, amidst broader financial fluctuations including the current exchange rate aspect of $1 equaling 7.1235 yuan.

(With inputs from agencies.)