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Foreign investment in China up 5.48% in first 11 months

Foreign investment into China rose 5.48 percent year on year in the first 11 months of 2013, the government said Wednesday. Foreign direct investment (FDI), which excludes financial sectors, totalled $105.5 billion for January-November, the ministry of commerce announced. For November alone FDI increased 2.35 percent year on year to $8.48 billion, the ministry said. Investment from the European Union jumped 17.36 percent year-on-year to $6.8 billion during the January-November period, while that from the United States increased 8.6 percent to $3.2 billion.

Philippine FDI inflows up 33.3 pct in Jan.-Sept.

Philippine FDI inflows up 33.3 pct in Jan.-Sept. MANILA, Dec. 10 (Xinhua) -- Foreign direct investment inflows ( FDI) in the Philippines rose by 33.3 percent on year to 3.1 billion U.S. dollars in January to September, the central bank said Tuesday. In the month of September alone, FDI inflows went up by 141.4 percent on year to 319 million U.S. dollars.

China becomes Sri Lanka's largest source of FDI in 2013

China becomes Sri Lanka's largest source of FDI in 2013 COLOMBO, Dec. 3 (Xinhua) -- China has emerged as Sri Lanka's largest foreign direct investor accounting for 24 percent of the inflows for 2013, an official said here on Tuesday. Sri Lanka's government has set a target of 2 billion U.S. dollars in foreign direct investment (FDI) for 2013 and as of November had achieved 1.2 billion U.S. dollars.

News Analysis: Treasurer's ban on U.S. company's bid risks foreign investment

News Analysis: Treasurer's ban on U.S. company's bid risks foreign investment by Margaret Fitzgerald CANBERRA, Dec. 3 (Xinhua) -- Australian Treasurer Joe Hockey's decision to block U.S. food giant Archer Daniel Midland (ADM)'s bid for Australia's GrainCorp risks encouraging protectionists to lobby against foreign investment proposals even more strenuously in the future.

Australia blocks US buyout of GrainCorp

The Australian government rejected Friday the Aus$3 billion ($2.7 billion) sale of GrainCorp to American agribusiness giant Archer Daniels Midland (ADM), saying it went against the national interest. Treasurer Joe Hockey said the sector was still moving towards more robust competition and that a foreign takeover of the biggest grain handler in eastern Australia could undermine public support for foreign investment in general.

Vietnam's trade deficit reduces to 96 mln USD in 11 months

Vietnam's trade deficit reduces to 96 mln USD in 11 months HANOI, Nov. 28 (Xinhua) -- Vietnam reported to hit a trade deficit of 96 million U.S. dollars in the first 11 months of 2013, down from 145.5 million dollars in the first ten months of the year. Statistics from the Vietnam General Statistics Office on Thursday said that during the 11-month period, the country pocketed 121.023 billion dollars from exports, a year-on-year increase of 16.2 percent, while it spent 121.119 billion dollars for imports, up 16.5 percent.

China foreign investment keeps steady growth in January - October

BEIJING (Reuters) - China's foreign direct investment inflows rose 5.8 percent in the first 10 months of 2013 from a year ago, extending gains since March and underlining a reviving appetite from global investors as the world's second-largest economy gained traction. The Commerce Ministry said on Tuesday that China drew $97 billion in foreign direct investment between January and October, with October's inflow up 1.2 percent on year earlier at $8.4 billion.

Foreign investment in China up 5.77% in first 10 months

Foreign investment into China rose 5.77 percent on year in the first 10 months of 2013, the government said Tuesday. Foreign direct investment (FDI), which excludes financial sectors, totalled $97.0 billion for January-October, the Ministry of Commerce announced. For October alone FDI increased 1.24 percent to $8.42 billion, the ministry said. Ministry spokesman Shen Danyang said in a statement that in the first 10 months, "investment in China from the 10 Asian countries and regions, the EU and the US maintained rather fast growth".

Overseas direct investment drops 15.3 pct during Jan.-Sept. period

SEJONG, Nov. 14 (Yonhap) -- South Korea's overseas direct investment dropped 15.3 percent on-year during the first nine months of this year amid lingering business uncertainty, a government report showed Thursday. According to the report compiled by the finance ministry, the country's overseas direct investment totaled US$25.83 billion during the January-September period, down from the $30.50 billion tallied a year earlier.

Critic: EB-5 federal immigration program draws marginal projects; beef plant used such funds

SIOUX FALLS, S.D. - A longtime critic of a U.S. immigration program that attracts foreign investment in exchange for green card qualifications says it tends to draw marginal business opportunities that would have trouble securing regular financing. Construction of the idled Northern Beef Packers plant in South Dakota was spurred by funds from the EB-5 program, in which foreign investors can secure permanent residency for as little as $500,000. Former plant officials say federal investigators have been asking questions about the financial dealings and EB-5.
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