MOFCOM releasing FDI data, but also commenting on their growth forecast

  • China January FDI -9.2 pct y/y to 80.1 bln yuan
  • China commerce ministry says FDI dropped in January mainly due to high base and spring festival
  • January non-financial outbound direct investment -35.7 pct y/y to 53.27 bln yuan
  • China commerce ministry says January ODI into overseas property dropped 84.3 pct y/y
  • Says structure of ODI is improving