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Investment into China slumps in July

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BEIJING - Foreign direct investment (FDI) into China dropped by more than a sixth year-on-year in July, the government said Monday, but denied any link to Beijing's multiple probes into foreign companies. 

Shanghai's skyline, August 15, 2014

FDI -- which excludes investment in financial sectors -- fell 16.95 percent in the month to $7.81 billion, the commerce ministry said.

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