China FDI Slides to Four-Year Low

Foreign direct investment into China, a gauge of external confidence, slumped to a four-year low amid antitrust probes into multinational companies that have spurred a letter of complaint from the U.S.

Inbound investment was $7.2 billion in August, down 14 percent from a year earlier, the Ministry of Commerce said today in Beijing after a 17 percent drop in July. It was the first back-to-back decline of more than 10 percent since 2009, based on previously reported data compiled by Bloomberg.