Foreign direct investment in China fell for the second straight month in December, as the faltering global economy worried investors. Investment from overseas was down nearly 13 percent in December from the same month a year earlier. Commerce Ministry spokesperson Shen Danyang said economic weakness in the United States and Europe was responsible for the […]
China’s Foreign Direct Investment Falls for Second Straight Month
Posted January 18th, 2012 at 12:45 am (UTC-5)
Leave a comment
World Bank Cuts Forecasts for Global Economic Growth
Posted January 18th, 2012 at 12:05 am (UTC-5)
Experts at the World Bank have issued a glum assessment of prospects for global economic growth, and say if the downturn becomes serious it could affect every nation and region. They say the world’s economy will grow more slowly that previously predicted this year due to Europe’s debt crisis, and efforts elsewhere to fight inflation. […]
