FDI in China up 18.3 per cent in October



Foreign direct investment (FDI) into China rose by 18.3 per cent in October from a year earlier to 81.87 billion yuan (US$12.4 billion), the Chinese commerce ministry said on Monday.This marked the seventh consecutive month for positive growth in FDI.For the January-October period, FDI rose by 6.4 per cent from a year earlier to 800.68 billion yuan (US$121.2 billion), quickening from the 5.2 per cent gain seen in the first three quarters.Foreign investment in the service industry came in at 625…

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