FDI inflows begin to slow amid global crisis

Foreign direct investment (FDI) kept rising in October, but at a slower clip, pointing to a decline in capital inflows amid global economic turbulence.

FDI for the first 10 months went up 35 percent to $81.1 billion, compared to 45.6 percent for the first half of the year, the Ministry of Commerce said on its website yesterday.

The ministry did not release the figure for October, but previous data show overseas investors pumped in $74.4 billion during the first nine months, suggesting the October inflow was $6.72 billion, down slightly from $6.78 billion for the same month last year.