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Foreign direct investment falls for eighth straight month in China
Beijing (AFP) June 15, 2009 Foreign direct investment in China dropped 17.8 percent year-on-year in May for the eighth straight monthly fall, the commerce ministry said Monday. China attracted a total of 6.38 billion dollars of foreign investment last month, the ministry's spokesman Yao Jian told reporters. The decline compared with a fall of 22.5 percent in April from the same month in 2008, according to previously released statistics. Foreign direct investment in the first five months was down 20.4 percent from the same period last year to 34.05 billion dollars, the spokesman said. Share This Article With Planet Earth
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Hong Kong's air cargo traffic drops 17.6 percentHong Kong (AFP) June 15, 2009 Air cargo shipped through Hong Kong dropped 17.6 percent year-on-year in May, the city's airport authority said, as the global downturn continued to slash demand for goods made in southern China. Hong Kong International Airport handled 259,000 tonnes of cargo in May as shrinking markets in Europe and the United States hit traffic hardest, the Airport Authority Hong Kong said in a statement ... read more |
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