Chinese analysts say Beijing's revaluation of the renminbi is unlikely to have a major negative impact on foreign direct investment, state media reported. A researcher with the University of International Business and Economics, Lu Jinyong, said there would be a limited negative effect on investment in areas concerned with exports, but he said the effect of the slight 2% adjustment would be minor. Investors, he said, will await further central bank actions and they will weigh their investments carefully, but they cannot ignore China. Another analyst said the revaluation is likely to help increase outward Chinese investment but they all agreed the effects would not be evident before the end of the year.