Monday, December 18, 2006

Business Times say China slow-down with foreign investments

Business Times China, which has lured US$622.4 billion from overseas since 1978 and surpassed the US in 2003 as the largest recipient of foreign investment, is turning off the tap that helped feed two decades of growth.

With new restrictions on investment, China risks impeding its own modernisation efforts and invites a backlash from its trading partners, China specialists say.

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