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China’s foreign direct investment grew at slower pace in May

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Foreign direct investment into China rose 4.2 per cent from a year earlier in May to $9.87 billion, marking the second straight monthly increase, although the growth pace slowed significantly from 8.6 per cent in April, according to data released by the Ministry of Commerce on Thursday.

In the first five months of this year, foreign direct investment into the country remained down 6.2 per cent year-on-year to $51.21 billion . . .

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