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China January-April FDI inflow at $37.9 billion, outlook dark
China's foreign direct investment inflows dropped 2.4 percent in the first four months of 2012 versus last year, the longest period of declining inflows since the depths of the global financial crisis and a sign of the external headwinds facing the economy. The Commerce Ministry said on Tuesday that the country drew $37.9 billion in foreign direct investment (FDI) between January and April, down from $38.8 billion attracted in the same period in 2011. April's inflow alone was $8.4 billion, down from $8.5 billion a year ago. "We believe the negative trend reflects concerns over China's lower growth potential, lack ... (full story)