China's Foreign Direct Investment is Up by 2.2% in March at $12.4 billion

China has gained $12.4 billion of foreign direct investment in March which is up by 2.2% from a year earlier according to the Ministry of Commerce. Last February they have tallied $8.56 billion FDI which is  0.9% higher than a year earlier. China first quarter (January-March) FDI for the year 2015 is up by 11.3% at $34.88 billion.

This is good news considering a series of bad news about China economy, like slowing industrial activity and decreasing GDP.

Investment from European countries posted large year-on-year gains in the 1st quarter of 2015, with France and UK investment up 40% and 259% respectively. In aggregate, European Union countries invested $2.02 billion, up 30.5%.