Photographs: Jason Lee/Reuters
China's government has been fine-tuning economic policy settings since the autumn of last year as the outlook for the global economy darkened, export growth sank and capital inflows - a core component of money supply – stalled, according to a Reuters report.
Ministry of Commerce spokesman, Shen Danyang, said in a press conference the FDI data that the government was confident of achieving its target for trade growth in 2012 despite a difficult international economic backdrop.
Keeping this in mind, CNBC complied a list of 10 countries which saw the largest net foreign direct investment from 2004 to 2010, according to the data released by China' Ministry of Commerce.
...
Ten nations where China has invested the most
Photographs: Tyrone Siu/Reuters
Hong Kong
Ranking: 1
FDI 2004-2010: $139.5 billion
...
Ten nations where China has invested the most
Photographs: David Rogers/Getty Images
Cayman Islands
Ranking: 2
FDI 2004-2010: $27.3 billion
...
Ten nations where China has invested the most
Photographs: Getty Images
British Virgin Islands
Ranking: 3
FDI 2004-2010: $13.9 billion
...
Ten nations where China has invested the most
Photographs: Reuters
Australia
Ranking: 4
FDI 2004-2010: $6.97 billion
...
Ten nations where China has invested the most
Photographs: Steve James/Reuters
South Africa
Ranking: 5
FDI 2004-2010: $5.8 billion
...
Ten nations where China has invested the most
Photographs: Matthew Lee/Reuters
Singapore
Ranking: 6
FDI 2004-2010: $4.7 billion
...
Ten nations where China has invested the most
Photographs: Joshua Roberts/Reuters
United States
Ranking: 7
FDI 2004-2010: $3.4 billion
...
Ten nations where China has invested the most
Photographs: Todd Korol/Reuters
Canada
Ranking: 8
FDI 2004-2010: $2.9 billion
...
Ten nations where China has invested the most
Photographs: Denis Sinyakov/Reuters
Russia
Ranking: 9
FDI 2004-2010: $2.5 billion
...
Ten nations where China has invested the most
Photographs: Adrees Latif/Reuters
Myanmar
Ranking: 10
FDI 2004-2010: $1.6 billion
article