Foreign investment in China doubles
NZPA-AFP Peking Foreign investment In China rose by more than 120 per cent last year to a record SUSS.BS billion ($ll.ll billion), the Foreign Trade Ministry announced.
Chu Baotai, deputy director of the Ministry’s foreign investment admin-
istration, said 80 per cent of joint ventures in China were making a profit. About 10 of them were having difficulties, and four would have to go into liquidation. Like Chinese companies, joint ventures
had problems getting raw materials and electricity, Chu said.
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Press, 1 February 1986, Page 16
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85Foreign investment in China doubles Press, 1 February 1986, Page 16
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