BVI is again the 2nd to have invested in China

As it has already been mentioned on April 20, 2006 in The BVI as the 2nd largest foreign investor in China, the British Virgin Islands companies are one of the leaders in foreign direct investment (FDI) – they were keeping the 2nd largest foreign investor’s position in China in the 1st quarter of the year. Now the same results have been confirmed – as China published its updated information.

So, in the 1st 5 months of 2006, China's FDI reached USD 22.99 billion, which is up 2.78% over the same period last year.

Hong Kong, the British Virgin Islands and Japan were the major FDI sources again. The data on contracted FDI was not released, accordingly, these are deals signed but not yet executed.
Hong Kong was the 1st to have invested 6.9 billion US dollars. Japan was listed as the 3rd with 1.9 billion US dollars. The British Virgin Islands have the 2nd position investing in China 4.1 billion US dollars.

From January to May, China's foreign direct investment totaled US$22.99 billion, which is a slight increase of 2.7 per cent over a year ago.

The BVI FDI of 4.1 billion is almost 18% of the total China's FDI and nobody except for the companies from the offshore zone of China - Hong Kong have invested more.