China received $62.9 billion in foreign direct investment via Hong Kong in the first eight months of 2019, accounting for 70% of total inflows, according to figures from China’s Ministry of Commerce, said the South China Morning Post.
The ministry did not release a breakdown of individual months, but according to calculations by the SCMP based upon the official data, China received $7.53 billion via Hong Kong in August, a rise of 29.2% from the same month last year.
In July, China received $5.28 billion foreign direct investment inflows from Hong Kong, a slight fall from $5.35 billion in July 2018, while in June that coincided with the start of the protests, flows from Hong Kong to China stood at $12.19 billion, a modest rise from $11.85 billion a year earlier.
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