Official data showed that China received USD 126.27 billion last year registering a 6.4 per cent increase. Foreign Direct Investment (FDI) in December reached 77.02 billion yuan (USD 12.2), Ministry of Commerce spokesperson Shen Danyang told a press conference.
He attributed the decline to a higher base in the same month of 2014 as well as changing currency trends and market conditions, without elaborating. The Chinese currency, yuan, had been weakening since China's central bank revamped the foreign exchange mechanism in August 2015, saying it was making the rate more market-based.
The weakening yuan was influenced by the start of a new rate-hike cycle in the US and a slower Chinese economy.

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