BEIJING, April 16 (Reuters) – China has not seen large-scale exodus of foreign capital from the country amid the coronavirus outbreak, the commerce ministry said on Thursday, adding that many Japanese firms have expressed a willingness to boost investment in China.
Globalisation has been met with “undertow”, but the trend would not change, ministry spokesman Gao Feng told a press conference.
Foreign direct investment (FDI) into China fell 10.8% in January-March due to the impact from coronavirus pandemic, official data showed on Wednesday. (Reporting by Stella Qiu, Judy Hua and Ryan Woo; Editing by Toby Chopra)
Source: Read Full Article