Monday, September 22, 2008

China's FDI Hits USD117 bn

Foreign Direct Investment of Chinese companies reached USD117.91 bn at the end of 2007, according to the "2007 China direct foreign investment statistics communique", which was published yesterday. The report said that 10,000 companies have been set up in 173 countries, employing 658,000 people. More than half of these employees, 362,000, are Chinese citizens.