China: Attracting $47 billion in foreign investment in 5 months

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China: Attracting $47 billion in foreign investment in 5 months

Data from China's Ministry of Commerce showed that during the first five months of 2022, the country attracted about 47 billion foreign investments for major projects, each with a contractual investment value of 100 million dollars, at least, an increase of 40 percent year-on-year. According to data, reported by the New China News Agency (Xinhua) today, this amount represents 54 percent of foreign investment in actual use across China during the…