Despite the recent Sars outbreak, utilised foreign investment in the first five months of 2003 rose 47 per cent
year-on-year to US$24bn. However with a growth rate of 51 per cent recorded between
January and April, momentum tailed off slightly in May.
Experts at the China Academy of International Trade and Economic Co-operation forecast that $1 bn of inward investment
would be delayed in the second quarter of this year, but they predicted the amount would
recover once the outbreak was under control. They still expect that this year's EDI would
reach its LiS$6Ohn target.
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