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SHANGHAI, China (AP) - Foreign direct investment in China fell 3.4 percent to $33.1 billion in the first seven months of this year compared with the same period last year, the Ministry of Commerce reported Monday.
However, pledged foreign direct investment in January-July rose 19.2 percent from a year earlier, to $98.6 billion, the ministry said.
After years of rapid growth, increase in foreign investment in China has moderated, prompting a debate over whether the slowdown might hurt economic growth given the country's heavy reliance on investment from abroad to build up its export-oriented industries.
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