Utilised foreign direct investment totalled US$7.54bn in the first two months of 2003, according to figures released by the Ministry of Foreign Trade and Economic Co-operation. This was 54 per cent more than in the same period in 2002, and was the fastest growth rate in more than four years.
Bloomberg attributed the surge to an increasing trend for overseas companies to reinvest their profits back into China rather than expatriating their money out.
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