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Trade
- China Voices Concerns Regarding Trade Protectionism - Editor, 16 February 2009
January saw the fourth consecutive monthly decline in foreign direct investment in China as companies cut back further on spending in an attempt to weather the global financial crisis. The commerce ministry noted that investment fell to $7.54 billion from a year earlier, representing a decline of 32.6 percent. While foreign multinational companies still see China in a favorable light, the economic situation is such that there is no spare money to invest, resulting in thousands of toy and electronics manufacturers in China being forced to close their doors.
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