China's Ministry of Commerce announced today that the foreign direct investment (FDI) in China rose 15.2% in April, compared to the same month last year, to $ 8.46 billion. The result was below the $ 15.52 billion recorded in March when there was an annual high of 32.9%.
During the period from January to April there was an increase of 26.03% in FDI over the same period last year to U.S. $ 38.80 billion. According to Yao Jian, spokesman of the ministry, investments in real estate sector accounted for between 23% and 24% of total FDI in April and increased in comparison with March.
The Ministry also reported that investments by Chinese companies in overseas non-financial companies totaled U.S. $ 13.40 billion in the first four months of this year, up 17.50% over the same period of 2010.
Most Chinese ETFs continue to be volatilel:
Performances are not the best. The best performer is CZM, but that is a 3X ETF, so this is temporary as those ETFs always end up losing value.
Next is Hong Kong (EWH), followed by Chinese technology ETF CHIB.
We track them live here (click)