Economics
China Foreign Investment Drops Amid Slowing Economic Growth
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Foreign direct investment in China fell for the 10th time in 11 months, as companies reined in spending amid a slowdown in the world’s second-biggest economy.
Investment fell 6.8 percent from a year earlier to $8.43 billion, the Ministry of Commerce said in Beijing today. Spending in the first nine months of the year dropped 3.8 percent to $83.4 billion compared with a drop of 3.4 percent in the first eight months.