Foreign direct investment in China declined for the first time in three years in 2012, official data showed on Wednesday, amid economic turmoil in developed markets and a slowdown at home.
This file photo shows a general view of the Beijing skyline, pictured on November 6, 2012. Foreign direct investment in China fell 3.7 percent in 2012 to $111.72 billion, according to the latest government data.
But Chinese direct investment overseas surged almost 30 percent from the previous year, with analysts saying that firms were increasingly looking to expand abroad as space for growth in China shrank.
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