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China's FDI Falls In March

4/17/2012 12:41 AM ET

Foreign direct investment into China declined for the fifth month in a row in March, the Ministry of Commerce said Tuesday.

China attracted $11.76 billion investment in March, down 6.1 percent from a year ago.

In the first quarter, FDI decreased 2.8 percent annually to $29.5 billion.

According to U.S. Treasury Department data, China's holding of US debt increased for the second consecutive month in February. Holdings of China, the largest buyer of US government debt, totaled $1.18 trillion.

by RTT Staff Writer

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