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Economics & Trade

FDI fell in first 11 months of 2005

China's actual foreign direct investment fell 1.9% between January and November over the same period in 2004, the Wall Street Journal reported, though the year-on-year drop was less than the 2.12% figure for January-October. While actual foreign direct investment decreased, totaling US$53.13 billion for the first 11 months of the year, pledged FDI increased 24% from a year earlier to US$167.21 billion. China's retail sales in November rose 12.4% from the same month last year to US$73.2 billion, trailing the October increase of 12.8%.

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