Foreign direct investment (FDI) into China grew 16% year-on-year in the first 10 months of 2011 to US$95 billion and is on track for another record year, Reuters reported. FDI from the United States fell 18.1% compared with the same period in 2010, while investment from 10 major Asian economies grew 20.7%. European inflows grew by only 1.1%, amid continued economic uncertainty. Manufacturing investment grew 11.7% to US$43.6 billion, while the services sector drew US$44.5 billion, up 20.7%. China’s outbound investment rose 14.1% over the same period to US$46.3 billion. But China’s exports will likely slow over the next six months, as demand in Europe and the United States remains weak, the Commerce Ministry announced on Wednesday. “China’s export outlook in the near future is not very optimistic,” said Shen Danyang, the ministry’s spokesman.