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China CNY

China FDI (YTD) YoY

Info

History

Chart

Impact:

Medium

Source: Ministry of Commerce of the People's Republic of China

Latest Release:

Date:

Surprise:

0.5%

CNY

Actual:

-7.5%

Forecast: -8%

Previous/Revision:

-10.3%

Period: Nov

Next Release:

Date:

Period: Dec

What Does It Measure?

Foreign Direct Investment (FDI) Year-to-Date (YTD) Year-over-Year (YoY) in China measures the total investment made by foreign entities in Chinese businesses over a given period, adjusted for annual comparison. It primarily focuses on capital flows, reflecting the attractiveness of China's market for foreign investors and assessing economic confidence, with key indicators including total investment volume, sectoral distribution, and the geographic origin of investments.

Frequency

This indicator is typically released on a monthly basis and is often a preliminary estimate, usually published around the middle of the month for the preceding month.

Why Do Traders Care?

Traders pay close attention to FDI YoY data as it signals foreign confidence in China’s economic prospects, impacting the valuation of the Chinese Yuan (CNY) and the performance of Chinese equities. Higher-than-expected FDI figures can lead to bullish market sentiment and strengthening of the currency, while lower figures may induce bearish sentiments and weaken the currency.

What Is It Derived From?

FDI data is derived from various sources, including surveys conducted by Chinese government agencies that track foreign investment flows, as well as statistical data from financial institutions and multinational corporations. The calculation typically involves aggregating reported investment amounts from registered foreign enterprises across numerous sectors.

Description

The FDI YoY indicator compares the total foreign direct investment for the current year-to-date with the same time frame from the previous year, providing insights into trends in international capital flows into China. By examining YoY changes, analysts can effectively eliminate seasonal variations and observe long-term investment patterns, making it a preferred method for understanding foreign investor behavior.

Additional Notes

This indicator serves as a leading economic measure, providing insights into future economic activity and investor sentiment in China. It is essential to contextualize FDI performance with domestic economic conditions and global economic trends, as changes in FDI can signal shifts in international competitiveness and overall economic health.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Dec 19, 2025	-7.5%	-8%	-10.3%	0.5%
Nov 21, 2025	-10.3%	-11%	-10.4%	0.7%
Oct 26, 2025	-10.4%	-10.9%	-12.7%	0.5%
Sep 19, 2025	-12.7%	-13.2%	-13.4%	0.5%
Aug 22, 2025	-13.4%	-13%	-15.2%	-0.4%
Jul 28, 2025	-15.2%	-14%	-13.2%	-1.2%
Jun 20, 2025	-13.2%	-9.5%	-10.9%	-3.7%
May 23, 2025	-10.9%	-10%	-10.8%	-0.9%
Apr 18, 2025	-10.8%	-22%	-20.4%	11.2%
Mar 14, 2025	-20.4%	-10%	-13.4%	-10.4%
Feb 19, 2025	-13.4%	-18%	-27.1%	4.6%
Jan 17, 2025	-27.1%	-27.2%	-27.9%	0.1%
Dec 14, 2024	-27.9%	-28%	-29.8%	0.1%
Nov 15, 2024	-29.8%	-30%	-30.4%	0.2%
Oct 25, 2024	-30.4%	-32%	-31.5%	1.6%
Sep 14, 2024	-31.5%	-30%	-29.6%	-1.5%
Aug 16, 2024	-29.6%	-30%	-29.1%	0.4%
Jul 30, 2024	-29.1%	-28.8%	-28.2%	-0.3%
Jun 21, 2024	-28.2%	-28.1%	-27.9%	-0.1%
May 24, 2024	-27.9%	-25%	-26.1%	-2.9%
Apr 19, 2024	-26.1%	-25%	-19.9%	-1.1%
Mar 22, 2024	-19.9%	-19%	-11.7%	-0.9%
Feb 23, 2024	-11.7%	-6%	-8%	-5.7%
Jan 19, 2024	-8%	-11%	-10%	3%