China’s FDI inflow slows

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    Beijing, China attracted $8.44 billion of foreign direct investment (FDI) in April, up just 0.4 percent year on year, the commerce ministry said Thursday.

    The figure marked a sharp slowdown in FDI inflow into the world’s second-largest economy, compared with growth of 6.32 percent in February and 5.65 percent in March, reported Xinhua.

    China’s FDI inflow declined for eight straight months before seeing a rebound in February.