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China`s post-WTO entry euphoria begins to wane

26/06/2002

China attracted a record US$46.9 billion in foreign direct investment (FDI) in 2001. Actual FDI in the first five months of this year rose 12.38 percent year on year to US$16.92 billion , according to China’s Ministry of Foreign Trade and Economic Co-operation (Moftec). The word actual, in this context, indicates the money was invested rather than just contracted.

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