Whatever may be the actual scenario and also the dismal performance of economies worldwide, there is a notable exception as well.  It is no one else other than China, the upcoming superpower,  and the country has already attained accomplishments on account of its vigorous economy and several other perspectives.

What is the situation of its foreign direct investment then? On the word of the Government of China, foreign direct investment in China rose for a third straight month in October and it also suggested that the country\'s economic recovery is drawing in more foreign money after a slowdown amid the global crisis.

Speaking on this at a news conference, Commerce Ministry spokesman Yao Jian stated, investment rose 5.7 per cent in October from a year earlier to $7.1 billion. However, the figure does not include stocks and other financial assets.

This, without a shred of doubt, is superb and the government reported a 19 per cent jump in foreign investment in September from a year earlier and a 7 per cent rise in August. However, total investment in the first nine months of the year fell 14 per cent from a year earlier to $63.8 billion.

Even though a number of foreign companies cut investments in China for the reason that the global slowdown squeezed credit and spending, economic growth is rebounding and consumer purchases are rising. Retail sales in October surged 16.2 per cent from the same period of 2008, while factory output was up 16.1 per cent.

 

People\'s Republic of China (PRC) is a socialist republic (specifically a people\'s democratic dictatorship according to its constitution) ruled by the Communist Party of China under a single-party system, and has jurisdiction over 22 provinces, five autonomous regions (Xinjiang, Inner Mongolia, Tibet, Ningxia, and Guangxi), four municipalities (Beijing, Tianjin, Shanghai, and Chongqing), and two highly autonomous Special Administrative Regions (Hong Kong and Macau).