China FDI slump may signal fewer big deals

Newswire

By Scott Hillis BEIJING, Dec 18 (Reuters) - Is the day of big foreign moves into China over? A drop in foreign direct investment in recent months has some economists wondering whether the world's sixth-biggest economy is losing its lustre. While China remains a top destination for foreign capital, foreign direct investment -- in which investors acquire non-financial assets, such as factories -- has plummeted over the past year. It was down 39 percent in November from a year earlier, at ...

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