Foreign direct investment down
FOREIGN direct investment (FDI) into China in April fell 1.1 percent year-on-year to 59.24 billion yuan (R116.13bn), China’s Ministry of Commerce said yesterday. For the January to April period, FDI into China rose 0.1 percent to 286.78bn yuan, the ministry said in a document handed out before a regular briefing. China’s non-financial outbound direct investment rose 34.9 percent year-on-year to $35.58bn (R444.6bn) in the first four months of 2018, the ministry added. – Reuters
Chinese visitors wear virtual reality (VR) goggles to experience a VR game at the 21st China Beijing international high-tech expo in Beijing, yesterday. The expo displays high-tech products, including unmanned aerial vehicles, artificial intelligence technology, virtual reality products, and face recognition technology from about 1 600 high-tech enterprises.