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Manufacturing home and away

By Zhang Yi and Zhang Anyuan | China Daily | Updated: 2011-07-07 07:58

Despite its status as the world's largest source of FDI, the US' direct investment in China keeps declining

China received a total of $48.03 billion in foreign direct investment (FDI) from January to May, an increase of 23.4 percent year-on-year. However, the investment from the United States was only $1.28 billion during the same period, a decline of 24.1 percent on the previous year.

The continuing decline of direct investment from the US, the world's largest FDI source, against the backdrop of China's sustainable and high-speed FDI growth, has caused speculation over the further decline of the US' manufacturing advantages over China, which replaced the US as the world's largest manufacturer in 2010.

Manufacturing home and away

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