BEIJING: Foreign investment in China showed a strong annual rise in May, but far fewer deals were struck for future projects as the Severe Acute Respiratory Syndrome (SARS) outbreak kept investors away, the government said.
Foreign direct investment (FDI) totalled US$5.5bil in May, a 39.5% jump from a year earlier and more than the US$4.7bil invested in April, the Commerce Ministry said on its website. May’s rate of growth was also higher than April’s 37%.
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